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Dollars also report today in the Wall Street Journal -- media companies may be looking to sell more programs to companies like Netflix the journal saying NBC universal.
Walt Disney all they be looking to Netflix as it grows more frustrated with the the web sites who lose the business but also may be moving some shows from who -- to Netflix -- using both as opposed to just -- the free online TV service.
Below is that the top -- for your web video ad dollars but media companies worried that offering free versions of their shows may be eating into their traditional business of course News Corp.
we should point out.
Is the parent company.
Of us here at Jeff Fox Business just another example of how this business the media business is changing and while all that is happening Comcast just about the finalize.
Its takeover of NBC universal they expect to close at tomorrow and -- Hollander is a former chairman its CEO CBS radio he joins us now.
Could see -- thanks for come again thanks -- this this is really is changing how to think this NBC Comcast deal fits into that -- Let's can be very it's -- thing it's gonna take a long period of time and I think people.
Especially people on Wall Street.
That your orientation.
I'm gonna have to be very patient with the steel and I think they have incredible last sentence can take time.
To really aggregated.
Put it together bring it to the street to sell what's going to be -- what's gonna be advertising driven and it's really it's gonna take two to five years this -- -- huge.
Culture clash that happens at any time when -- when two big behemoth -- and if.
-- -- you think about how much could change in the next two to five years in the business in -- may be.
We don't know exactly how it's gonna change but you're talking about one of the main issues there is how we get our -- and how much were willing to pay for it for how much -- shifting to the Internet.
Right a Comcast NBC are they positioned well -- that everybody thought.
I think they are I -- Comcast has nothing but cash.
Kinda like the News Corp.
They're they're not they're not afraid to put.
Money out there to promote products promote personalities.
They they will do very well I think one of the things that is gonna get talked about a lot out of the box I think they're taking over tomorrow yet is -- going after NBC.
Going after ESPN when they're in -- real way -- -- so that that's a verses is is a sports network that has the National Hockey League on it right now -- doesn't have any other major sports signed up.
They have a lot of regional sports -- right works and what they're getting they're getting the expertise of Dick Ebersol.
Iran NBC's runs NBC sports has been there for years who's dealt with every Major League with the NFL because she's so you're seeing these guys can be a real -- -- -- yeah.
I think so I think there's going to be the first challenge that you know ESP and it an -- and it's gonna take one thing it's no business it's no different I should say then.
Rogers thrown a lot of money behind fox is trying to make the successful and it doesn't take -- -- to it takes many years when you have these branded huge behemoth.
Places like he has PM and run things of that nature so you think that that there could pose a real challenge -- gentle good to see -- the thanks for coming in OK thank Joel Hollander who -- CBS radio with us talking about another big.
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