Digitisation is fundamentally changing the media industry – as Global Corporate Venturing reported in Last month’s issue. Consumption preferences have shifted already, with digital subscriptions and on-demand programming eating into the market for printed newspapers, broadcast TV and radio.
Content delivery models have also morphed, from a linear relationship between the consumer and a platform which transmits media, to an over-the-top (OTT) model in which customers themselves select what media they wish to consume.
Scott Caruso, director of strategic ventures…