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.

Share:
More In Business
Could Millennials be Saving Too Much?
An interesting savings trend has popped up among Millennials. Could they be saving TOO much money? Callie Cox at Ritholtz Wealth Management explains.
Why Home Sales Are Worse Than Ever
Gina Heeb, finance reporter at The Wall Street Journal, joins us to discuss the current state of the real estate market and when things may turn around. Watch!
Load More