Exploring the Latest in Streaming and Digital Media
Lorne Brown, CEO of SintecMedia, discusses Netflix's pivot away from movies and towards TV shows. Brown also touches on Fox News's new streaming service, Fox Nation, and how media companies are planning to contend with the duopoly of Google and Facebook.
Brown says Netflix is focusing on its strengths and thinks this pivot is a smart move. He says Netflix only needs to have a few hit movies every year to be considered a success.
Brown also explains there's plenty of room for Fox Nation, Fox News's new standalone streaming service. He says it's a way for Fox News to expand its audience.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
