The Covid-19 Pandemic has caused a plethora of problems in the U.S. unprecedented in the country’s history. From the amount of deaths and cases piling up to the effects on how we live and the forced unveiling of societal dysfunctions, it is an event that will affect us for many years to come.
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The media side of the business is in for stories of success in the quickly developing streaming phenomenon. Major networks and studios are expected to jump into the market and offer their own direct-to-consumer services. As a result, a streaming war will be fought between just about every media company that wants to establish itself in direct relationships with consumers. The streaming services that offer the best and widest content will be the winners. In the sports sector, look for the continuing growth of sports betting and more involvement of professional athletes in causes that should enhance their individual brand.
The streaming phenomenon will continue to grow. Expect major networks and studios to develop their own direct-to-consumer streaming services. There may be some struggle for companies to keep up with an adequate content library that will both attract and retain consumers. Expect to see a variety of entertainment and media businesses to re-amass their content […]
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