A deal could be announced by CBS CEO Les Moonves as early as next Tuesday at the Consumer Electronics Show, according to Bank of America analyst Jonathan Jacoby. In a research note this morning, he speculates that the deal with Google could involve distribution of CBS content through YouTube. And there's a ton of video content available. CBS already distributes "Survivor" and "CSI" through Google Video. I'm not sure where Jacoby is getting this tip, but earlier this week the LAT, in one of its predictions for 2007, said that CBS would sign a three-year partnership with Google. You might recall some talk about a YouTube-like video-sharing service involving the major networks, but CBS dropped out of discussions last month and ABC was never much interested (preferring to develop its own Web-based video service). Whatever the deal is, it no doubt has the support of CBS Chairman Sumner Redstone, who has been dying to get into the Web game.
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