big media scrambles to meet challenge from big tech
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Big Media scrambles to meet challenge from Big Tech

Egypt Today, egypt today

Egypt Today, egypt today Big Media scrambles to meet challenge from Big Tech

Big Tech
Washington - Egypt Today

America's media giants have seen this movie before: Big Tech enters an industry with piles of cash and new ways of doing business, devastating the competition.

That's why Big Media are scrambling for partnerships and tie-ups to bolster their content arsenal in the face of a well-funded onslaught from the tech sector.

This shifting landscape helps explain talks between Walt Disney Co. and 21st Century Fox to sell key television and film assets from the Rupert Murdoch family-controlled group, and a proposed AT&T purchase of media-entertainment powerhouse Time Warner.

More deals are likely as the industry adapts to a consumer shift to online, on-demand services like Netflix, and efforts by tech giants such as Facebook and Apple to jump into original content.

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big media scrambles to meet challenge from big tech big media scrambles to meet challenge from big tech



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