Icons the Facebook, Amazon, Netflix, and Google apps sit on a Apple iPhone. (Photographer: Jason Alden/Bloomberg)
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.