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.

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LA Tech ‘Moves’: Adtech Firm OpenX Lures New SVP, Getlabs and DISQO Tap New VPs

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern 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’: Adtech Firm OpenX Lures New SVP, Getlabs and DISQO Tap New VPs
Photo by James Opas | Modified by Joshua Letona

“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.

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This Week in ‘Raises’: Miracle Miles Lands $100M, Fintech Startup Tapcheck Hauls $20M

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern 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’: Miracle Miles Lands $100M, Fintech Startup Tapcheck Hauls $20M
Image by Joshua Letona

In this week’s edition of “Raises”: An L.A.-based footwear company closed $100 million to boost its expansion into the global market, while there were Series A raises for local fintech, biotech and space startups.

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