JESSELL AT LARGE
With OTT, Nets Have Netflix In Their Sights
Instead of trashing the network news business, Netflix CEO Reed Hastings should focus on his core business. With the big old-line media companies growing more and more interested in the potential of OTT, Hastings is liable to find his programming suppliers morph into competitors.
The CBS chief suggests that CBS’s ability to come to a swift and amicable retrans contract with Verizon can only mean that Time Warner Cable is the cause of the continuing standoff in the current retrans blackout. “You should know that Time Warner Cable has been offered almost exactly the same deal for CBS carriage to which Verizon has agreed,” Moonves says.
