Login

Search the forums now!

Welcome, Guest. Please login or register.

April 20, 2024, 08:10:24 am
Pages: [1]   Go Down

Author Topic: CBS to buy out Network Ten (... Netflix rival?)  (Read 809 times)

0 Members and 1 Guest are viewing this topic.

Joseph41

  • Administrator
  • Great Wonder of ATAR Notes
  • *****
  • Posts: 10823
  • Respect: +7477
CBS to buy out Network Ten (... Netflix rival?)
« on: August 28, 2017, 06:13:27 pm »
+5
Quote from: ABC
The troubled Ten Network will be purchased by the US-based broadcasting giant CBS.
...
In addition to the core channel Ten, the deal includes digital channel Eleven, of which CBS already owns a 33 per cent stake, digital channel One and Network Ten's digital platform, Tenplay.
...
In addition to Ten's free to air assets, CBS will launch its digital subscription video on-demand service CBS All Access to counter the growth of streaming services like Netflix, Stan and Amazon Prime Video.

The article.

Interesting developments today. I've personally never used Netflix but am aware of its popularity. What would CBS have to do to create a genuine competitor? Undercut?
Logged

Oxford comma, Garamond, Avett Brothers, Orla Gartland enthusiast.
Pages: [1]   Go Up