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."