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New CBS Movie Studio "We're not looking to do Superman"

from chron.com:

JULY 5, 2006

NEW YORK -- CBS Corp. is exploring a possible entry into the movie business, with a view toward producing a handful of smaller-budget films annually, Chief Executive Les Moonves said Wednesday.

"We are exploring it," Moonves said at a PricewaterhouseCoopers media event in New York. "We're not looking to do Superman."

"We could get in in a small way, doing six to eight movies a year in a risk-free way," Moonves said.

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