What Keeps You Going [4/24/19]: XUMO CEO Colin Petrie-Norris

While cable subscriber numbers keep slipping, streaming platforms are seeing a boom in viewership. Xumo, a free streaming service offering hundreds of channels including Cheddar, is out with new stats this week that show total hours viewed doubled in January 2019 compared to the same period in 2018. Colin Petrie-Norris, CEO of Xumo, discusses the changing landscape of the streaming industry.

XUMO is a free over-the-top service provider, offering over 140 digital channels across 12 different genres. Alyssa Julya Smith is joined by CEO Colin Petrie-Norris to learn about the recent growth metrics of XUMO and why so many Americans are cutting their cords.

Fans of "Friends" were devastated when they learned Netflix would lose the rights to the classic sitcom in 2020. Now the platform is hoping "Seinfeld" will soften the blow when it premieres on Netflix in 2021. This comes as WarnerMedia announced they had secured "The Big Bang Theory" for its soon to be launched streaming service, HBO Max. Neither of those deals came cheap. Rights to those sitcoms are both said be worth about $500 million dollars for five years. Joe Flint, Staff Writer, Wall Street Journal joined Cheddar to discuss the classic sitcom arms race.