The Streaming Wars Were Quaint. In 2022, Hollywood Will See an Era of Unorthodox Consolidation

Tom Nunan
Tom Nunan has run both networks and studios, produced TV series and features (including the Oscar-winning Best Picture, "CRASH") and been a long-standing visiting professor at UCLA's Graduate School of Theater, Film and TV, Nunan is a regular contributor to Forbes Magazine. He helps coach aspiring content creators and individuals needing career-building techniques via his online business, The Writing Intensive (www.thewritingintensive.com)"
The Streaming Wars Were Quaint. In 2022, Hollywood Will See an Era of Unorthodox Consolidation

As 2022 dawns, the Justice Department’s long-awaited decision on the Discovery/ WarnerMedia/ AT&T merger shines most brightly on the entertainment industry’s horizon.

Few, if any, experts believe the merger will not go forward. Even a casual observer of Discovery Chairman (and potential future CEO of the expected Discovery/ WarnerMedia marriage) David Zaslav's behavior at Beverly Hills’ Polo Lounge would conclude that all systems are go for government approval of the long-anticipated deal.


Discovery/ WarnerMedia is a bellwether of more consolidation to come, as legacy entertainment companies such as The Walt Disney Company, Sony Pictures Entertainment, Viacom/CBS (home of brands as diverse as Paramount Pictures and BET) and Lionsgate eyeball a future where they're either the target of acquisition or the buyers themselves.

Some may question downgrading The Walt Disney Company to a stable of "next tier" entertainment labels, but in a world where Apple, Netflix, Amazon and Tesla/SpaceX could easily gobble up any of the legacy entertainment ventures, nothing's off the table.

As gaming and gambling revenues continue to dwarf quaint, 20th century consumer pleasures such as movie and episodic content consumption, look for unusual mergers and acquisitions where unexpected corporate giants seek to add "Hollywood" to a much larger portfolio of diverse assets, once unimaginable together.

If 2020 and 2021 were notable for being the era of the “Streaming Wars,” look to 2022 and beyond to be remembered for The Age of Unexpected Partnerships.

One thing is certain, in Hollywood, nothing ever remains constant.

Subscribe to our newsletter to catch every headline.

Cadence

Diankha Linear on How Community Is Revolutionizing Text Marketing

Spencer Rascoff

Spencer Rascoff serves as executive chairman of dot.LA. He is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso and Supernova, and who served as Zillow's CEO for a decade. During Spencer's time as CEO, Zillow won dozens of "best places to work" awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003. Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in over 100 companies and is incubating several more.

​Diankha Linear
Diankha Linear

On this episode of Office Hours, Community CEO Diankha Linear joins host Spencer Rascoff to discuss her foray into the startup world and the strategic approaching to scaling up.

Read moreShow less
https://twitter.com/spencerrascoff
https://www.linkedin.com/in/spencerrascoff/
admin@dot.la

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: Dreamscape, LinQuest and PetDX Gain New CEOs

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

***

Read moreShow less

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in ‘Raises’: ADARx Pharmaceuticals Lands $46M, PLAI Labs Scores $32M
This Week in ‘Raises’: ContractSafe Inks $27.5M, Deal Box Collects $125M

A local RNA base-editing platform raised fresh funding to advance its drug development pipeline, while a local Web3 company founded by former MySpace and Jam City founders Chris DeWolfe and Aber Whitcomb scored funding to build out an artificial intelligence backed by generative AI that allows users to create and upload their own digital assets to the game.

***

Read moreShow less
RELATEDEDITOR'S PICKS
LA TECH JOBS
interchangeLA
Trending