Foxtel CEO Patrick Delany: Streaming is the future, but traditional TV isn't going anywhere anytime soon

In an exclusive interview with The Australian, Foxtel CEO Patrick Delany spoke about the future of television, the impact of streaming services, and the company's plans for the future.

Delany said that he believes streaming is the future of television, but that traditional TV isn't going anywhere anytime soon. "Streaming is growing rapidly, but it's still a relatively small part of the overall TV market," he said. "Traditional TV still has a lot of advantages, such as the large screen experience, the ability to watch live TV, and the convenience of having one remote control for all of your channels."

Delany also said that Foxtel is committed to investing in both streaming and traditional TV. "We believe that the future of television is a hybrid model, where viewers can choose to watch content on whatever platform they want," he said. "We're investing heavily in our streaming service, Foxtel Now, and we're also continuing to invest in our traditional TV business."

Delany said that he believes Foxtel is well-positioned to compete in the future of television. "We have a strong brand, a loyal customer base, and a great content offering," he said. "We're also investing heavily in innovation, and we're confident that we can continue to be a leader in the Australian television market."

Here are some of the key takeaways from Delany's interview:

Streaming is the future of television, but traditional TV isn't going anywhere anytime soon.
Foxtel is committed to investing in both streaming and traditional TV.
Foxtel believes that the future of television is a hybrid model, where viewers can choose to watch content on whatever platform they want.
Foxtel is well-positioned to compete in the future of television.

What do you think? Do you agree with Delany's assessment of the future of television?

Let us know in the comments below!