Radio / Television News

The Netflix factor? No biggie, says Corus CEO Cassaday

MONTREAL – He didn’t want to come right out and say “told ya” but Corus Entertainment CEO John Cassaday reiterated a point he’s been making since over-the-top video started to gain traction in Canada: that it’s additive, not a detriment to the TV business. Back in May of 2011 in a feature interview with Cartt.ca, Cassaday predicted the impact of Netflix on his TV business would be minimal and 16 months later, he’s correct. All the scary doom and gloom prophesies about big new global players coming in to scoop content rights away from Canadian media companies hasn’t panned out,...