The media and entertainment business was thriving as we entered the new decade in 2020 B.C. (“Before Coronavirus”). All segments — movies, television, mobile video, music, games, …
The media and entertainment business was thriving as we entered the new decade in 2020 B.C. .
Technology drove much of that soaring growth and fundamentally transformed the traditional media and entertainment business in the process. Literally changing the power and leaders in it. A new streaming-first world presented the biggest challenge to traditional studios, birthing a new class of tech-driven media companies that disrupted decades-old business models.
Netflix had become the poster child for new entertainment. The company changed consumer behavior and gave us all a reason to just “chill” , setting new rules for programming and monetization . Netflix alone had planned toon new shows and movies for all of us in this brave new world. That’s great for both consumers and the creative community . Netflix and all the others vying for our attention drove a new “Golden Age of Hollywood.
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