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.
Cheddar News' Need2Know is brought to you by Securitize, which helps unlock broader access to alternative investments in private businesses, funds, and other alternative assets. The private credit boom is here and the Hamilton Lane Senior Credit Opportunities Fund has tripled in assets under management in just six months from November 2022 through April this year. Visit Securitize.io to learn more.