Les Moonves: Steve Jobs Approached CBS for Apple TV Content

Matthew Belloni, The Hollywood Reporter:

“I told Steve, ‘You know more than me about 99 percent of things but I know more about the television business,’ ” Moonves said, citing his concerns about providing content to a service that could disrupt CBS’ existing revenue streams. Moonves said Jobs, in characteristic fashion, strongly disagreed with his assessment.

Unfortunately what Moonves meant was, “I know more about the current television business.” But Steve Jobs was talking about a future television business. I don’t know when Apple’s iTelly will be coming out, but when it does anyone thinking the TV business is business as usual will be left behind.