'Star Trek' to help reap $400M from online channel, says CBS

Staff Writer
Columbus CEO

NEW YORK (AP) — Boldly going where no programmer has gone before?

Not quite, but CBS says that airing its new "Star Trek" TV show exclusively on its CBS All Access online video service will help it take off at warp speed next January.

Executives told an investor presentation in New York Tuesday that CBS plans to release three to four original series every year on the $6-a-month service, including a new version of its "crown jewel" franchise.

It expects each series to boost subscriptions to CBS All Access, and aims to have 4 million subscribers in five years, generating revenue of about $400 million a year by then.

Chief Operating Officer Joseph Ianniello told investors that Showtime's direct-to-consumer offering is also expected to gain $400 million in revenue by then.