THB Headline, August 31

I’ve been wrestling with trying to explain why Joe Flint’s story of last week is so important. It’s right up there with Netflix adding advertising… putting the entire streaming segment into the ad business, each seeking their own best methodology.

The transition that all the companies with streamers that also have significant revenue coming in from legacy media is centered on the challenge of balancing the ongoing ability to earn from those legacy media outlets and the immediate revenue and potential revenue in each of the next 5 years of streaming earnings.

Wow. That is still too complicated. And it’s not even the new news. It’s the old news, really.

Trying again…

Comcast is the most conflicted Legacy media company in this transition to streaming. They have a broadcast network, an actual cable company, amusement parks, and a streamer. They have been in the game, but not fully committed. But they seem to be in the midst of a change of strategies.

Their NBC and Bravo content will soon a…