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Fox Film Chief Stacey Snider Says Netflix Offers Not ‘One Distinct Advantage’ to Filmmakers

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Twentieth Century Fox CEO Stacey Snider emphatically rejected a “Netflix and chill” cinematic future at an investor conference Thursday, saying the streaming giants writing monster checks at festivals offer not “one distinct advantage” to filmmakers. “If you step back on a macro perspective, I truly do not believe there is one distinct advantage that the FANG companies (Facebook, Amazon, Netflix and Google) offer to filmmakers,” Snider said at a conference in Beverly Hills. Snider said for TV creators, there was a significant advantage: binge watching. But an equivalent does not exist for movies on those services. http://www.sfgate.com/entertainment/t... http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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