The Covid-19 pandemic only accelerated longstanding industry trends of chord-cutting, as viewers devour content while quarantining at home. ViacomCBS is aptly poised to create and capture enormous value in a post-pandemic world.
Drone Racing League pilots put on their VR helmets and enter a first person view of custom built drones that can fly at over 80 mph through stunning courses.
Condé Nast, once a magazine powerhouse, is in decline. Through a series of company reorganizations and brand closures, all signs point to a company struggling to adapt to the digital economy.
The fall of Blockbuster remains a classic example of digital disruption. Formerly a dominant player in the rental market, Blockbuster filed for bankruptcy in 2010. The trends the led to the big B's demise are also challenging the media ecosystem today. Will we see more blockbuster failures? Will incumbents be able to adapt?
YouTube: where the winners become international superstars and the losers still get to laugh at a drugged up kid on his way home from the dentist.
The Guardian has survived one of the biggest industry declines, to become a more relevant newspaper in a digital world. They have beaten their traditional newspaper rivals through the adoption of 'Open Journalism' and digital media – putting their readers at the heart of the company.