CBS Chief Moonves: ‘Hawaii Five-0’ a Billion Dollar Franchise; Uncertain About Fate of ‘Two and a Half Men
During the quarterly earnings analyst call, CBS chief executive Les Moonves said said that Hawaii Five-0 was poised to become “a billion dollar franchise for us.” Deadline Hollywood reports CBS is earning $5 million (!) an episode via the recent syndication deal for the show.
As for Two and a Half Men, I’d still be surprised if it doesn’t come back in some fashion, but at least publicly, Moonves seems less certain than I am. Per Deadline:
In other matters, Moonves says that “there are a lot of moving pieces” with the Warner Bros-produced sitcom Two And A Half Men now that Charlie Sheen is gone, and he doesn’t know whether it will return.
We don’t normally focus on earnings, but CBS reported first-quarter earnings of 29 cents a share. CBS earned 5 cents a share during the same period last year (these numbers are for CBS Corporation, not just the TV network). Revenue for the quarter was $3.51 billion, down a bit from $3.53 billion last year, but last year CBS had the Super Bowl and this year it didn’t.