Viacom Inc.'s CBS plans to create a 24-hour news network that will be delivered over the Internet, bypassing cable television, the Dow Jones wires report Tuesday morning. Excerpts follow.
As part of the effort, CBS News will move from a mainly television and radio news-based operation to a 24-hour, on-demand news service, available across many platforms, the network announced in a press release Tuesday.
"This major expansion of CBSNews.com is designed to capture an audience that is increasingly looking for news and information at all times of the day, not just during scheduled periods, and using the Internet for that purpose," Larry Kramer, president of CBS Digital Media said in the release. "Every component of this re-launch -- including greatly enhanced video streaming capabilities, more on-demand features and greater participation from the CBS News correspondents and producers who will also be reporting directly for the Web -- will dramatically improve the content, delivery and navigation of the Web site."
In addition to the 24-hour news network, CBSNews.com will introduce a blog to be called "Public Eye," which the company says is "designed to provide greater openness and transparency into the newsgathering process."