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The TV streaming business has become increasingly competitive, yet Netflix has managed to grow market share and become the dominant player. Here's how it's done that, and the opportunities it has moving forwards.
News Corp's plans to sell Foxtel are surprising in that streaming assets Kayo, Binge and Hubbl look likely to go with it. This and recent events in the US show the bind that legacy TV businesses find themselves in.
Anyone investing in media must understand the momentous change and disruption underway. During a span of just 21 days, US$85 billion of M&A centred on video games, which is now bigger than the movie industry.
Pressure is mounting on the leading digital platforms to better police inappropriate content before the regulators disrupt the disruptors. There's still time to put their own houses in order.
Australian media companies are being usurped by global distribution platforms as technological disruption takes hold. Advertising dollars will follow consumers, and investment portfolios need to adapt.