THB #522: Merging More To Acquire Less?
Beware unintended consequences.
The entertainment industry has changed.
No one would really argue with that notion.
But the endless efforts to predict the future are almost terminally stuck in the past.
What do most “experts” have to say about the Streaming world? There will be 3 or 4 major players and everyone else will either get sucked into their gravitational pull or disappear.
We have spent the last 50+ years with 3 major television networks with a 4th added in 1987. So is it just a conicidence that the vision for our future in Streaming looks almost identical?
Every conversation about mergers & acquisition is loaded down with strings that can be so complicated that even the companies are not clear on them before completing due diligence.
These are like episodes of Dr. Pimple Popper or Botched, where they are trying to remove a growth without leaving to much of a scar, but they aren’t always sure what the result of cutting this or that could mean until they are mid-surgery and cove…
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