Rupert Murdoch urges media firms to unite to fight Amazon and Netflix

21st Century Fox chairman says industry is on the same page about need to come up with serious competitor to streaming video giants

The media industry needs its own competitor to online streaming giants Amazon and Netflix, Rupert Murdoch told a technology conference on Wednesday.

As an industry, we need a competitor - a serious competitor - to Netflix and Amazon, Murdoch told the Wall Street Journals WSJ.D conference in Laguna Beach, California.

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via Business Feeds

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