Content is king: Why media M&A is likely to accelerate

Sector's expansion to continue

“Technology will liberate publishers to charge small amounts of money, in the hope of attracting wide audiences.” So said Bill Gates in his essay titled 'Content is King', way back in 1996.

Technology is naturally deflationary, and with communication costs having tumbled, internet access speeds doubling every 18 months, ease of access and consumers' willingness to pay for entertainment -...