Sector report: Media
Media is among the most disrupted sectors in the past several decades by the mass adoption of new technology. Newspapers, magazines and books have largely gone digital, while subscription streaming services have practically replaced DVDs and even television channels. Big tech companies like Google and Facebook dominate digital advertising which has replaced Madison Avenue.
The paradigm shift is due to a blend of internet-connected electronic gadgets catering to consumers’ convenience and consumers themselves turning into content creators and providers. The…
