More than $500 billion has been wiped off the market value of the world’s biggest media companies this year as investors soured on the streaming revolution, triggering historic share price declines for broadcasting and entertainment groups. Intensifying competition and rising costs have combined with consumer belt tightening and an advertising slowdown to spark an industry-wide decline. Media, which for investors spans a broad range of activities from film production to advertising to cable television, has been among the hardest-hit sectors in what is set to be the worst year for global equities since the financial crisis.
Why Conservatives Can’t Stop Acquiring Media Companies
Recent conservative media acquisitions reflect the right’s long-standing desire for mainstream acceptance of unpopular ideas.
Under pressure to expand, media companies are capitalizing on the changes that technology is bringing to classrooms.
With revenue in decline, innovation is imperative for media companies and there are three clear avenues to that innovation: buying a startup, innovating from within and engaging in a joint venture.
