I can’t believe that I’m going to say it, but for once I agree with Bob Bakish. The ship to the streaming business has sailed for us a long time ago and it would be unwise to try to get into it directly, now that Netflix is dominating, and a couple of other giants are well on their way of launching similar concepts. On the other hand, it would be stupid to ignore these streaming services, cause chances are they will be a dominate (if not the only) platform for all media in the near future. So the only thing we can do is cooperate with them, stay in the game, and wait for a potential opportunity to emerge. Just to be clear, I’m not saying this is necessarily a good move, but rather a lesser than two evils.
https://www.ft.com/content/a9f5bea8-bb58-11e8-94b2-17176fbf93f5