Netflix Will Lose All Of These Networks’ TV Shows At The End Of 2016
By Angie Han/Nov. 9, 2016 2:31 pm EST
The decision, of course, comes down to money. Specifically, Scripps’ nagging feeling that they could be making more of it. In an earnings call, COO Burton Jablin said the Netflix deal “really is not the kind of dual-revenue model that best monetizes our content over the long term.” CEO Kenneth Lowe was more direct and specific, explaining that they were losing ad dollars (because Netflix doesn’t play ads). “We have such compelling content for advertisers that we just don’t want to really cut ourselves off from any opportunity,” he said.
