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The rise of video streaming imposes a race for gigantism

2021-05-19T13:45:46.325Z


In the United States, to survive in the world of video streaming against ogres like Netflix, you have to create behemoths.


"Big is beautiful."

In the land of video streaming, reaching critical mass is not an option.

It is an essential condition for survival.

In the United States, the great waltz of consolidations unleashed by the hyperpower of Netflix is ​​not about to end.

In less than five years, AT&T got their hands on Time Warner for $ 85 billion, Disney swallowed Fox for $ 72 billion.

Viacom and CBS, after divorcing, eventually came together to form a media giant valued at $ 25 billion.

The AT&T operator has just changed its tune by deciding to merge its media activity with the Discovery group.

Read also:

Netflix, Disney, Amazon: streaming, the content war is intensifying

Its goal is to create a juggernaut capable of withstanding the ogres of streaming, even if the new entity will continue to offer traditional TV channels.

“The majority of media growth will come from video streaming, which is increasingly becoming a global game,”

the international firm recalled last February.

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Source: lefigaro

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