CBS to launch broadband news channel

Reuters and others have the CBS announcement that they will be launching a broadband news channel. The article says they want to target “a large, particularly at-work audience that isn’t reached by TV.”
Susan says: First of all, I love this. Larry Kramer (“It is clear to us that the public has moved to the Internet as the place they go when they want to get information because they can get the news whenever they want it and how they want it.”) is so smart and he knows what adults want in terms of information flow.
Secondly, this is the perfect announcement to follow the AOL/Live8 streaming success–each of these companies is playing to their strengths–and consumers will benefit.
Thirdly, what a good move for a company that screwed up big time last year with the Bush military service story.