Sport can save free-to-air: Netflix founder

Original article by Yolanda Redrup
The Australian Financial Review – Page: 28 : 24-Sep-18

Marc Randolph, the co-founder of subscription video-on-demand giant Netflix, says commercial free-to-air TV networks must adapt to changes in how consumers view content. Randolph notes that consumers increasingly prefer to binge-watch content such as drama; he has also stressed the importance of live content such as sports for traditional broadcasters, noting that viewers have not yet embraced such content via Netflix. Seven West Media CEO Tim Worner says that while live content is important for TV broadcasters, general entertainment remains a key element of the Seven Network’s programming.

CORPORATES
NETFLIX INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM, SEVEN NETWORK LIMITED, FOXTEL MANAGEMENT PTY LTD, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, NINE NETWORK AUSTRALIA LIMITED, SINGTEL OPTUS PTY LTD, AMAZON.COM INCORPORATED, ENGLISH PREMIER LEAGUE, TELSTRA CORPORATION LIMITED – ASX TLS, AUSTRALIAN FOOTBALL LEAGUE, NATIONAL RUGBY LEAGUE, OVO MOBILE

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