Publication: Streaming War Won or: How I Learned to Stop Worrying and Love the News
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The streaming universe is on the precipice of dramatic and radical expansion – and news (yes, news!) is uniquely positioned for a renaissance.
“The local and national broadcast model is more dependent on ad revenue and therefore maximizing eyeballs. The cable network model is at least equally based on subscriber fees so it’s all about super serving your fans. “The Netflix model is to have something for everybody from big movies to things that are not easily found elsewhere,” Phil Kent, former chairman and CEO of Turner Broadcasting, said in an interview for this research.
“Netflix doesn’t do news now but there’s no reason they can’t. HBO never did news, but now they do with VICE and the John Oliver show. Showtime does it with ‘The Circus.’ I’m surprised they haven’t done it,” he added.