5 years ago
Hulu CEO: Most Cable TV Networks Will Be Gone In a Decade
The traditional pay-TV universe of 300-plus channels is going to shrink dramatically over the next 10 years, Hulu CEO Randy Freer predicted — with maybe a dozen cable TV networks still standing. “In the next decade, it’s not going to be about scheduled [linear] networks,” said Freer, speaking at the BI Ignition conference Tuesday in New York City. The winners will be cable networks “that have been able to build a brand” that resonates with consumers, but most of the TV nets that are around today probably won’t exist.
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