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CBS plans to go global with its All Access streaming service; earnings easily top forecasts

CBS plans to go global with its All Access streaming service; earnings easily top forecasts

Venerable U.S. broadcaster CBS Corp. said it plans to expand its CBS All Access streaming service globally, beginning with Canada early next year.

CBS revealed its international ambitions Monday as part of an effort to further bolster its $5.99-a-month streaming service as a hedge against dramatic changes in viewer behavior.

"We are very aware of the international success that other streaming companies have had,” CBS Chief Executive Leslie Moonves told analysts Monday in a conference call, a reference to streaming giant Netflix. “We now see a huge opportunity for CBS to go direct-to-consumer on a much bigger scale worldwide."

CBS’ second-quarter earnings blew...

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