WHY THIS MATTERS:FX chief John Landgraf addressed what he called "the elephant in the [TCA] room"—the massive transformation, as he put it, of the television business during its peak TV era.
WHY THIS MATTERS:There will be even more pressure on small distributors who are not making money on video and might exit that business to keep making money on high-speed internet.
Although Netflix's stock dropped after Disney announced that it would be pulling some of its movies from Netflix as it created Disney-branded direct-to-consumer streaming services of its own, some Wall Street analysts say the impact on Netflix could be minimal.