A well-known and highly respected cable programming CEO “predicted a ‘bumpy half-decade to decade’ for the TV industry, as it seeks to adjust to new means of delivery and metrics,” reports our good friend Brian Lowry in Variety.
The story reports: “ ‘I’m struggling … to figure out how to reinvent what we do,’ said [FX Networks CEO John] Landgraf, noting that while linear channels remain ‘the dominant force in television today,’ there’s an inevitability to the existing framework eventually being overtaken by the greater efficiency of the Internet as a delivery system.”
Landgraf made his remarks on Wednesday, Sept. 24, 2014, at the Hollywood Radio and Television Society’s annual luncheon where invited TV panelists give their assessment of the state of the television Industry.
The article adds: “Fragmentation ‘makes it very difficult’ to pay for original content, added Gail Berman, former head of the Fox network and CEO of the Jackal Group, who noted that Yahoo has piggybacked on NBC’s investment by picking up the niche comedy ‘Community,’ just as Netflix did by bringing new life to Fox’s ‘Arrested Development.’ “
To read more of what was said at the luncheon we urge you to click on the link in our first paragraph, above, which will take you to Lowry’s original article.