What is the future for THE YOUNG AND THE RESTLESS and THE BOLD AND THE BEAUTIFUL?
"They're doing well. They're profitable," CBS president and CEO Les Moonves said at a Television Critics Association (TCA) press tour session on Monday. "They were able, a few years back, to do the shows a bit more economically. Our daytime has gone way up this year, and their profitability has gone way up. So we believe those two soaps will be on for a long, long time. We don't think the form is dead. Obviously, there are a lot less than there used to be, but we're very pleased with what they're doing."
CBS has five shows in the daytime and profitability has gone up on all five of the shows. "We don't think the form is dead. Obviously there's a lot less than there used to me."