1. Ownership or control of Intellectual Property by the corporation. 2. Ownership or control of expensive distribution networks. 3. Established business models based on highly evolved approaches to advertising and subscription models.
It was the most profitable industry in the economy. The reason, ultimately, was simple: media was protected like almost no other sector. Some media markets, like newspapers, were natural monopolies, because of simple geography. Others, like radio and TV,
This is the heart of the very big problems the media industry faces. It's been so protected for so long, it's forgotten not just how to innovate - but it's even forgotten the idea of innovating.
Es wird eine Marktbereiningung geben, weil es einfach zu viele Startups gibt aber es gibt momentan keine Blase sondern einen Boom. Dieser ist längerfristig und resulitiert in vernünftigen Ergebnissen. Verlieren werden die VCs.