CBS’s push into streaming video

CBS is making an aggressive push into the world of streaming video, the media giant said Wednesday.

The media company plans a new programming deal with Sony's upcoming online TV package as well its own news network, CBSN.

The owner of CBS broadcast network, radio stations and Showtime missed the cable boom of the past decades but appears to be diving headfirst into a mobile future.

Last month it joined with its affiliate partners to launch CBS All Access, a standalone digital platform for current and archived content.

Third-quarter profit of 74 cents a share beat estimates by a penny. Shares rose 2.4 percent in after-hours trading. Claire Atkinson

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