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I actually like the [Deadline piece] (https://deadline.com/2023/08/barry-diller-wga-actors-strike-media-companies-netflix-streaming-tech-giants-1235533447/) on this interview better.

Netflix induced — I would say to some degree seduced — all these companies to go into streaming to lose huge amounts of money to try and build a competitive streaming service. They degraded their investment in cable because of the effect of Netflix on cable. They degraded their investment in their broadcasting arms.

this post was submitted on 31 Aug 2023
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