Shelly Palmer speaks with Richard Quest about Facebook, Amazon, Netflix, and Google on a record-breaking day for the DJIA and the S&P on Quest Means Business. Original Airdate: July 26, 2017
FANG (Facebook, Amazon, Netflix, Google/YouTube) is about to take a huge bite out of traditional network TV (ABC, NBC, CBS, and Fox), and the media business will never be the same.
For the first ten years of the consumer web — circa 1994 to 2004 — internet video quality was laughable. Those of us who predicted that the Net would disrupt television were laughed at. How could a video the size of a postage stamp compete with ESPN? We queued up tiny videos to buffer on […]
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