Wheeler Winston Dixon covering this Bloomberg News story;

This is just the first shot in a new system of distribution that has been building for quite a while; I’m really surprised it has taken traditional media this long to notice that frankly, they’re in long term trouble. There’s no way this trend is turning around, and what happens next is -as far as I can see- that Netflix gets bigger and bigger, and traditional media becomes less and less relevant to millennials.

A Bad Day For Traditional Media

Tags: TV, Media, Multi-Screen, Broadcasting