9 years ago
1
The Beginning of the End of the TV Industrial Complex
After years of insisting otherwise, investors seem to have decided that the pay TV business is in decline. Last week, triggered by an admission of weakness from Disney and ESPN, Wall Street pounded all of the big media companies, wiping out more than $50 billion in value. You can debate whether the selloff was an overreaction, or if certain companies are in better shape than others.
Continue Reading
http://recode.net
Join the Discussion
A long time coming and i am hoping some more people jump on the bandwagon.