PwC Discusses How Megadeals are Transforming the Entertainment, Media, and Communications Sector

Over the past five years the business models in the Entertainment, Media and Communications (EMC) sector have been upended, paving the way for new EMC players to enter the industry that were traditionally technology companies.

Not too long ago, the boundaries between content creation, content aggregation, and content distribution were clear in the EMC sector, with well-defined business models. But technology innovations, particularly the shift to digital, are rapidly and radically changing consumer behavior by allowing consumers to tap into content on demand.

Increasingly, consumers are cutting cords with traditional cable companies and paying for content directly from the packagers … Read more