AP M&A Snapshot: M&A Theme: Television is the New Application Platform
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We find it helpful to assess M&A activity within the context of themes. One major theme is the shift in delivery and consumption of TV-based content. Television has long been a “closed” market, with content and delivery controlled by a relatively small number of players. The growth of cable and satellite services expanded the number of content choices, but not delivery options. This quarter saw activity by names such as Google and Walmart in the TV space as further proof that the industry is moving past closed, managed distribution networks as new paths to your home television set allow more “open” content from the Internet and other sources.
For our recent post about Google TV, please click here.
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