The future of TV: lots of choice, lots of hassle

The fracturing of platforms has created both delight and frustration for viewers

    • Eventually, the industry will reach a new, stable equilibrium at a lower profit level, perhaps with fewer players.
    • Eventually, the industry will reach a new, stable equilibrium at a lower profit level, perhaps with fewer players. IMAGE: PIXABAY
    Published Thu, Jun 25, 2026 · 06:00 PM

    THIS year, there have been two media deals bold enough to transform the strategic and financial footprint of the companies involved.

    The market hates both.

    Lack of enthusiasm for Paramount Skydance’s US$111 billion February purchase of Warner Bros Discovery is evident in a share price that remains at half the 2025 highs, and eight “sell” ratings from Wall Street against just two “buys”.