At a Morgan Stanley investors’ conference in San Francisco today, the chief executive officer of CBS, Les Moonves, found the silver lining of this year’s tumultuous election season as only a businessperson can. The latest chairman of the company said, “It may not be good for America, but it’s damn good for CBS,” and called Donald Trump‘s presence in the race a “good thing.”
The “good thing,” he pointed out, was not necessarily Trump’s campaign stance, but the ad revenue that was driven up by the increased viewership drawn in by the back-and-forth between Trump and other candidates. He has said similar things about Trump and the election season in the past.
He observed, “They’re not discussing issues, they’re throwing bombs at each other.” Moonves has been outspoken in the past about the important role played by partisanship in journalism now, so his comments are not all too surprising.
In fact, he’s used almost identical wording before. In 2013, he said, “Super PACs may be bad for America, but they’re good for CBS!” It looks like this time, he just eliminated the middle man and went straight for the self-funding mogul.
h/t The Wrap
[image via screengrab]
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