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Doug Herzog at TheGrill: Making Up Revenue in a Declining DVD Market (Video)

MTV Entertainment Networks president discusses the importance of streaming video as a money-generator

With DVD sales waning, networks are finding themselves pressed to come up with new ways of gaining revenue for their content.

Doug Herzog, president of MTV Networks Entertainment, discussed the issue during a panel at TheGrill on Tuesday. According to Herzog, streaming revenue is providing some relief in that regard, but it still has a way to go.

As DVD begins to wane, you look around and say, 'Okay, what's next, and how do we make that up.' We're not there yet."

Get TheWrap's full coverage of the Herzog session here.

See all TheWrap's coverage of TheGrill here.