Ex-60 Minutes Alums Eye Independent Streaming News Venture

1 min read
Source: The Hollywood Reporter
Ex-60 Minutes Alums Eye Independent Streaming News Venture
Photo: The Hollywood Reporter
TL;DR Summary

Reports suggest ousted 60 Minutes staff, led by former EP Bill Owens, are exploring raising funds to launch a standalone news program for streaming, possibly with former correspondents like Scott Pelley and Sharyn Alfonsi, with a suggested $50 million target. The viability is unclear, and sources note mixed signals about the Post’s story. Meanwhile, CBS has reshuffled its team, and Alfonsi and Pelley have become journalists-in-residence at Columbia University; Netflix and other streamers have shown little appetite for regular news, complicating a self-distribution plan.

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