Sector focus: Media
The media industry has been deeply affected and transformed by digitisation. Over the past few decades, consumers have shifted their preferences from printed newspapers, books, CDs and DVDs to digital subscriptions, e-books and online on-demand audio and video streaming.
However, demand-side pressure is not the only contributor to the shift. On the supply side, the ubiquity of internet access, combined with cheaper and more sophisticated consumer electronics, social media platforms and software, have all lowered the barriers to entry in…
