‘Tis the season for 2023 predictions! Let me be amongst the first. Here are my annual 10 predictions for the worlds of media, entertainment and tech.
1. Hollywood mega deals march on.
Paramount, Warner Bros. Discovery, Universal Studios. One or more of these storied studios will be bought by significantly bigger tech-infused fish backed by hundreds of billions of dollars of cash. Amazon’s acquisition of MGM may be the first. But it certainly won’t be the last. SoCal Hollywood continues to swim northward to Silicon Valley, the home of new media. Storied franchise content is what these tech-first behemoths need.