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Meta And Netflix Stumble: When Titans Fall, Who Will Rise?
The shifts we are seeing with Meta and Netflix have some real consequences for the media landscape, writes Parry Ravindranathan.
21 Feb 2022, 08:42 AM IST
A lot has changed in media in the past weeks. Once Wall Street’s darlings, investors fear Meta’s dominance over the advertisement market is over; and with Netflix, they now doubt streaming will ever be a profitable business. For those who've been watching these companies for a long time as partners and/or competitors, this is a fascinating turn of events with some real consequences for the media landscape.
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