Megadeal Time Arrives for Media and Tech Companies
In the media and tech industries, the companies that create movies and TV shows have had an on-again, off-again relationship with the companies that pipe that content into our homes. In some eras, like the early 1990s, they enjoyed living under the same roof. (Think Time Warner and Time Warner Cable, or John Malone’s cable and content empire, TCI and Liberty Media.) Over the past decade, they’ve largely been split up.
But after dozens of conversations with media and tech cognoscenti on the sidelines of the Code tech and media conference in Southern California this week, I’m convinced that the courtship is going to heat up.