Traditional media conglomerates feel the urgency to act now out of fear that Amazon, Facebook, Apple and Google are also busy crafting global content platforms that will dwarf their operations. It’s no surprise that Disney — the world’s biggest media company — is leading the race among Hollywood’s old guard to catch up with Netflix, et al. Disney chairman-CEO Bob Iger calls the planned launch of a suite of DTC services “the biggest priority of the company during calendar [year] 2019.”
A good read. Apple and Disney will be big players next year.
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