Will Netflix and Amazon's Push Into Original Series Hurt the TV Business?

Netflix and Amazon are spending more money on original series every year, and that could hurt the TV industry's bottom line, said Ben Silverman, Chairman of Electus.

The arrival of Netflix and Amazon created a huge secondary market for TV shows, much like syndication did years ago, awarding TV producers millions in new revenue. Now that those companies make series of their own, some fear they will not spend as much on other people's shows.

“The real concern is about cannibalization of the backends of TV shows,” Silverman said. “Most of Beverly Hills is built on the backends of TV shows and movies. That is a concern as everyone moves into originals and exclusive content.”