It’s Purchase or Die in Media as Tech Takes Over

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A federal choose’s verdict this coming week on whether or not AT&T Inc. can purchase Time Warner Inc. will form a much wider drama: a radical reordering of the leisure enterprise that’s reaching each nook of Hollywood.

Know-how giants are quickly devouring a media trade that has lengthy been dominated by the identical group of leisure corporations—storied Hollywood studios, tv networks and cable giants. Now, lots of these incumbents are scrambling to remodel themselves in order that they’ll stand as much as the highly effective…



Supply hyperlink – https://www.wsj.com/articles/its-buy-or-die-in-media-as-tech-takes-over-1528475113?mod=pls_whats_news_us_business_f

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