>Our CBS All Access and Showtime OTT streaming services have surpassed two million subscribers, about evenly split, well ahead of where we’d thought we’d be this early in the game.
>We’ve licensed our ‘Star Trek’ franchise in the international marketplace, guaranteeing our new series will be profitable even before it launches and begins driving [subscriptions] here in the US on CBS All Access.
>We also struck a significant international deal with Netflix for ‘Star Trek,’ licensing our new series ‘Star Trek: Discovery’ to 188 Netflix countries around the world – virtually everywhere but North America.
>As a result, ‘Star Trek: Discovery,’ our new series, is profitable – and we haven’t even begun production.
>We still have additional windows to sell the show in second and third cycles down the road. It’s also safe to say that ‘Star Trek’ will lead to a significant bump in subscribers for CBS All Access here in the US.
>We looked at the marketplace and decided what was best for the franchise. Netflix obviously had the previous seasons before… it was one [licensing] deal as opposed to executing a hundred different deals in different countries – and by the way, it was a lot of money in US dollars.
>So when you summed it all up, it just kind of made sense.
>The reason the Netflix buy was so healthy [is because Netflix] has already seen what ‘Star Trek’ is doing on their service. From day one, it performed extraordinarily well. That is one of the reason we decided to put it on All Access, obviously, to help build our own [subscriptions].
>Going forward, obviously, we’re doing thirteen episodes initially with ‘Star Trek,’ we are fairly certain – although we haven’t done one day of production – that the series is gonna go on for a while.
>We have spin-offs of spin-offs, you know? It’s a very, very valuable franchise that can turn into hundreds of millions of dollars in revenue for us.