The Fired 60 Minutes Team Is Planning a Rival Show

A shocking new report says former 60 Minutes executive producer Bill Owens is exploring a rival investigative news show with Scott Pelley and other recently ousted correspondents and producers. The team reportedly has a pitch deck, a business plan and a goal of raising roughly $50 million to fund its first two years—with Netflix, Apple, YouTube or even NBC floated as possible homes.As people who worked at 60 Minutes, we think the real question is bigger than where this show lands: does the value of 60 Minutes come from the name CBS owns—or from the journalists CBS pushed out?Because the fired team may be preparing its revenge.