Tonight, Moonves will be joined by three people representing new media companies and four others from CBS' own business, strongly suggesting that a new partnership
deal may be announced.
Moonves aims to show that the convergence of traditional and new media is here, but his choice of guests, particularly Sling Media, is interesting because the Sling
Box player, which sends TV programming directly to a consumer's computer via the Internet, has been viewed as cannibalizing on traditional media revenue.
If no deal is announced, Moonves
is merely "putting on a grandiose show" for CBS Chairman Sumner Redstone, to set himself apart from Tom Freston, who was recently ousted as Viacom CEO.