CBS to make direct-to-internet TV shows for services like Netflix and Amazon

The next hit original series on Netflix might be made by CBS. Network CEO Les Moonves revealed on an earnings call this week that CBS Studios is working on developing original television series solely for streaming video services.

CBS Studios primarily sells to CBS’ own channels and is known for such shows as NCIS, but nothing prevents it from producing series for other networks. In fact, one of ABC’s new shows this season, called The Club, is made by CBS Television Studios.

Streaming services need networks, and vice-versa

Television networks and streaming services like Netflix and Amazon are often cast as fierce competitors, but the two rely on each other greatly: studios earn big revenues by selling streaming rights to companies…

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