Sector analysis: Media

Over the past decade, media has been among the sectors most disrupted by the mass adoption of new technologies.

Though not completely a thing of the past, newspapers, magazines and books have largely gone digital, while subscription streaming services have practically replaced CDs, DVDs and even TV channels.

Supercompetitors Google and Facebook dominate digital advertising, which has taken over from traditional Madison Avenue advertising executives, while games have become multiplayer freemium online entertainment. Disruption has been overpowering in this sector,…