Tyler Perry recently inked a content deal with Viacom, but he has other ideas for his future.
“If you would have asked me this four years ago, I would’ve told you that I wanted to own a cable channel,” he told Cheddar in an interview. “Now I’d have my own streaming service.”
“That is the wave of the future, no matter whether we ignore it or not. That’s the way everything is going.”
The comments from the award-winning actor, writer, and director come at a time when the streaming landscape has become increasingly competitive. Disney said its sports-focused service will launch later this year at a rate of $4.99 a month. Hulu, meantime, recently discounted the cost of its lowest-tier package while industry-leader Netflix has raised its subscription rates several times.
Perry says the sweet spot for streaming is about $5 a month, but he concedes that Netflix has earned the privilege to charge more.
“Five years ago, eight years ago, people were like, ‘Netflix, what?’ Now you realize [it’s] a major player,” Perry said. “I think that you should be able to pay more for a service that can offer that kind of content, those kinds of shows across the board.”
For full interview [click here](https://cheddar.com/videos/tyler-perry-delivers-timeless-advice-for-entrepreneurs).
Retailers face tariffs and cost challenges this holiday season. Wells Fargo's Lauren Murphy shares insights on pricing, promotions, and shopping trends.
Dateability, founded by sisters Jacqueline and Alexa Child, is the only dating app for disabled and chronically ill communities, fostering love without limits.
Andy Baehr, Head of Product at CoinDesk Indices, breaks down crypto’s Black Friday crash, Bitcoin dipping under $100K, and what’s driving the market rout.
Chris Marquette of POLITICO breaks down how the FAA is cutting flights and facing a critical shortage of air‑traffic controllers amid the government shutdown.
Dr. Manuele Aufiero, CEO & Co‑Founder of Sizable En a groundbreaking undersea energy‑storage technology powering the global shift to clean, scalable power.
Paul Fipps, President of Global Customer Operations at ServiceNow, breaks down the company’s earnings beat, 5‑for‑1 stock split and booming enterprise AI demand