Barry Diller Urges Media Companies to Separate from Netflix and Tech Giants in Strike Negotiations

Media mogul Barry Diller has urged media companies to separate themselves from tech giants like Netflix, Apple, and Amazon and negotiate a separate deal to resolve the ongoing writers and actors strikes. Diller believes that Netflix, as the ruler of the streaming business, is the enemy of traditional media companies, while Apple and Amazon have different business models that are not aligned with the production of movies and television. Diller's comments reflect the sentiment that the disconnect between media companies and tech giants has complicated efforts to end the strikes. He also attributes Netflix's rise and disruption of Hollywood models to the strikes, stating that the strike strengthens Netflix and weakens other companies. Diller suggests that media companies should focus on their broadcast television networks and capitalize on their shows and creativity to rebuild their networks.
Reading Insights
0
1
3 min
vs 4 min read
80%
681 → 136 words
Want the full story? Read the original article
Read on Deadline