Hollywood Studios Don’t Have Enough Scale to Survive the Upcoming Streaming Wars, Says Analyst
Patrick Frater Asia Bureau ChiefIn a dystopian view of the coming media wars, financial analyst and investor Richard Greenfield says Hollywood studios don’t have the heft to do battle in a future dominated by streaming. The most important attribute will be the kind of scale that is currently beyond anything a conventional media conglomerate can muster.Greenfield’s thesis was the high point of the second day of the Asia-Pacific Video Operators Summit (APOS), the high-powered media and entertainment conference organized by consultancy Media Partners Asia.