Sector analysis: Media

Media is one of the most widely disrupted industries by new technologies. Newspapers, magazines and books have gone digital. CDs, DVDs or TV channels have made way to subscription and streaming services. Games have become multiplayer “freemium” – free plus additional premuim services – online entertainment and digital marketing has taken over traditional advertising.

Disruption is overpowering, leading to mergers and new players with knock-on impact to corporate venturing vehicles, such as the closure of Time Warner’s unit following its…