Media industry 'shot itself in the foot' by giving up goods to Netflix, report says

On Halloween, Sanford C. Bernstein analyst Todd Juenger scared the entire media industry, tying the current 4 percent third-quarter drop in total day C3 ratings to an uptick in SVOD usage. Deadline Hollywood's David Lieberman takes it further by assigning blame: Media conglomerates, he says, shot themselves in the foot by letting SVOD services like Netflix put their shows into its $8.99-a-month streaming smorgasbord. Lieberman's full article can be read here.

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