A year and a half after he first began to overhaul TBS and TNT, Kevin Reilly said that the television industry is in for a major transformation of its own.
Reilly, president of TBS & TNT and chief creative officer of Turner Entertainment, spoke to reporters about the industry, the evolution of his networks and the success of TNT’s 50 percent ad load reduction, at the Television Critics Association’s summer press tour in L.A.
Over the next few years, Reilly predicted, the number of cable channels will decrease as “you’re going to see additional consolidation” and corporate alignments.
Reilly noted that “there was a good business model for a long time” as companies created additional cable networks to gain leverage with cable operators.
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