On the heels of my last post comes this article.
“We had done so many difficult things and I think we got overconfident,” he said. “Our big obsession of the year was, ‘Let’s not live and die by the DVD.’”
But Mr. Hasting says that gaffe will be forgotten if Netflix can win the longer war for internet-delivered, on-demand TV. By 2016, he estimated that over half of all TV would be internet-delivered and “broadcast TV will decline like landline telephony.” Potential and real entrants into the streaming market include Amazon
, Verizon
,Microsoft
‘s Xbox, Apple
and even Google, but Mr. Hastings said Netflix’s only serious competitor today is HBO, which competes for consumer spending and, increasingly, for the rights to premium content.”
Two things you should take away from this article:
1-Good original content just went up in value.
2-Over the air broadcast is toast. Makes you wonder why So much hype is being made over Bounce TV.
So before you or someone you know starts complaining about the lack of Black folks on television, very politely ask them “Where is your content?”
