CBS Chief Looking for New-Media Deals

"I like the slow and steady pace we're doing," he said. “I like how we're playing our hand. Rest assured we're playing it safe…There's nothing wrong with having this cash and increasing dividends."

Moonves said the network will have sold all ads slots for the Super Bowl when the top two NFL teams clash in the first week of February.

The cnbc.com interview was recorded Monday but aired Tuesday.