Here’s who owns everything in Big Media today
The media landscape used to be straightforward: Content companies (studios) — made stuff (TV shows and movies) and sold it to pay TV distributors, who sold it to consumers. Now things are up for grabs: Netflix buys stuff from the studios, but it’s making its own stuff, too, and it’s selling it directly to consumers. That’s one of the reasons older media companies are trying to compete by consolidating. Disney, for example, recently completed its purchase of 21st Century Fox. Distributors like AT&T, which bought Time Warner, are becoming media companies, too. Meanwhile, giant tech companies like Google, Amazon, and Apple that used to be on the sidelines are getting closer and closer to the action.
Here’s who owns everything in Big Media today