Magazine article Screen International

James Murdoch: Amazon and Netflix Are Where Shows Go to Die

Magazine article Screen International

James Murdoch: Amazon and Netflix Are Where Shows Go to Die

Article excerpt

21st Century Fox chief executive criticises lack of local investment from SVoD giants.

James Murdoch

James Murdoch has labelled Netflix and Amazon as platforms where “shows go to die” (reports Broadcast).

Speaking at the RTS Cambridge Convention, the 21st Century Fox chief executive said that the TV industry must be “cautious” about the “shiny new thing” and warned that the SVoD giants had failed to invest in markets such as the UK.

“Amazon spends a lot of time making a lot of noise about how much they’re investing,” he said. “They show up and make big splashy deals and everyone fawns all over them - but I think there are few companies that over the long-term really invest and have thousands of people on the ground in creative markets. …

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