The Four Reasons Why Legacy Media is Struggling to Adjust

 

Darren Campo, Adjunct Professor at NYU Stern School of Business and SVP of Programming and Content Strategy at the Food Network, shares four reasons why giant legacy media companies are struggling to adjust to the modern media landscape. He points to decentralized competition from social media platforms, as well as exorbitant costs to build a streaming library of content.

Darren’s Thoughts:

There are four reasons why traditional media companies are having such a hard time adjusting to the current environment. The first one is that we are in an advertising recession. The second one is TikTok. The third: trillion-dollar competition from Amazon and Apple. And the fourth: it’s very expensive to build a successful streaming service.

Netflix pointed this out in their Q3 earnings release where they said they are the only profitable streaming service with five to 6 billion in operating profits compared to what they estimate is 10 billion in losses from traditional media companies. With Netflix having forecast that for the competitors just a few weeks ago, it’s not surprising to see it show up in their results right now.

Follow us on social media for the latest updates in B2B!

Image

Latest

Doable
Rethinking Leadership: Why “Doable” Might Be the Most Powerful Strategy in Education Today
April 3, 2026

At a time when educator burnout is rising and schools across the U.S. are facing ongoing teacher shortages, leaders are being forced to rethink what sustainable success actually looks like. Research shows that teacher attrition is closely tied to working conditions, job-related stress, and workload demands. As districts push for innovation, data-driven instruction, and…

Read More
Casey Brown
From Poverty to Pricing Power | Why Great Companies Undercharge
April 2, 2026

Casey Brown didn’t grow up thinking she would become an entrepreneur. She grew up in a blue-collar family where money was always tight — close enough to the edge that the fear of poverty shaped many of her early decisions. That fear led her into engineering, into corporate America, and eventually into a moment…

Read More
Nightingales Summit: Empowering the Next Generation of Nigerian Nurses
Nightingales Summit: Empowering the Next Generation of Nigerian Nurses
April 2, 2026

In this episode of Care Anywhere, host Lea Sims sits down with Nigerian nurse entrepreneur and advocate Obafemi Arowosegbe to discuss leadership, mentorship, and the future of nursing in Africa. While still a nursing student, Obafemi founded the Nightingale Summit, a growing conference designed to empower nursing students and early-career nurses with leadership skills,…

Read More
Oncology
From Denial to Access: Rethinking Oncology Care Through AI, Clinical Trials, and Patient-Centered Innovation
April 1, 2026

The rapid expansion of precision medicine, biologics, and targeted cancer therapies is transforming oncology—but it’s also overwhelming a system not built to keep pace. In the U.S., cancer drugs now account for some of the highest-cost treatments in healthcare, and with that has come a surge in prior authorization requirements and denials. Studies suggest physicians…

Read More