ParamountsGeorge CheeksandNBCsJon Millerarent having sleepless nights overVenu Sports.
We werent hurt by not being invited, he said.
I think thats because were really focused on a multi-genre offering.
George Cheeks and Jon Millerthemancphotographer.co.uk
Sports rights owners are sitting tight on the outcome of the case.
Were meeting the audiences where they want to be and were not cannibalizing.
Were actually growing audience even when linear is declining.
He later added: Were always going to be doubling down on that marriage between broadcast-linear-streaming.
He also predicted how global streamers would invest in the space, with ad-funded services a particular opportunity.
The greatest content for the AVOD services is sports, so thats going to drive pricing across the globe.
Whether Netflix is in or out, thatll be their strategy.
The rest of them will play, and that will be good value creation for rights holders.
Everybodys jumping the gun on linear assets, saying, Its all over, everythings binary, he said.
The death of linear broadcasting is premature and greatly exaggerated.
Thats why theres a value proposition in the bundle.
Obviously youre going to keep having these skirmishes as this convergence normalizes.
