Spacey touts Netflix model

TV studios and networks need to embrace new technology like Netflix (Nasdaq: NFLX), "House of Cards" star Kevin Spacey told TV executives at the Edinburgh International Television Festival. His entire 45-minute lecture is available online here. "You have this incredible confluence of a medium coming into its own just as the technology for that medium is drastically shifting," he said. "Studios and networks who ignore either shift--whether the increasing sophistication in storytelling or the constantly-shifting sands of technological advancement--will be left behind." Read more

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