After announcing their purchase of Network 10 last year, CBS Corporation, has announced to investors overnight that Australians will get access to CBS’s Streaming Video On Demand (SVOD) service All Access by years end.
The news that CBS All Access will expand to the Australian market comes on the heels of their announcement this week that the platform has launched in Canada. Australia will be yet another market being added in the companies quest to provide their content to more than 8 million subscribers globally by 2020.
In a call to investors on the back of the release of their Q1 Financial Results, CBS Corporation chief executive Leslie Moonves said
“By year’s end, we plan to bring All Access to Australia using our acquisition of Network TEN as a gateway to launch in that market,” he said. “After that, we’ll add more and more markets every year, leading to tremendous upside to our overall direct-to-consumer strategy. And importantly, these international subs are incremental to our 2020 target that I just mentioned.”
It’s unclear what titles will be available through the CBS All Access Platform with local streaming rights for some of their original programming, including shows such as Star Trek Discovery and The Good Fight, already awarded to Netflix and SBS respectively. CBS All Access is expected to begin reigning in rights for their content as distribution contracts expire in order to move fans of the shows to their own platform.
There was no official date given for the launch here locally of CBS All Access but if it does launch by years end here, it would certainly be a very early and welcome Christmas present.
What are your thoughts on the news CBS All Access will launch by the end of the year? Let us know your thoughts in the comments below.
