Media Moguls See Netflix, Hulu Video as Top Issue to ‘Navigate’
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News Corp. Chief Operating Officer Chase Carey said the biggest challenge facing the company is digital-distribution deals with Internet companies such as Netflix Inc. and Hulu LLC.
“The digital space is incredibly important,” Carey said yesterday at a UBS AG media and communications conference in New York. “Over the next five years, it’ll be the number one issue we’ll have to navigate.”