The Biggest Players in the Global TV Market Ride Waves of Blockbuster Shows But How Long Can It Last as Hollywood Struggles? [Yahoo! Finance]
Liberty Media Corporation - Series A Liberty Braves (BATRA)
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Source: Yahoo! Finance
More from Variety So at this moment of heady opportunity, why has Hollywood seemingly been in a state of turmoil for many years? The gloomy clouds over the long-term business potential of TV began to gather before the pandemic, but the COVID-19 disruption coupled with the writers' and actors' strikes last year forced the industry to confront difficult issues that are no longer far down the road. No less an industry veteran than John Malone, chairman of Liberty Media and architect of the U.S. cable business, summarized the grim mood among senior leaders in an interview this month with media analyst Craig Moffett of MoffettNathanson. “The media companies are scared to death that they're seeing nothing in the future but a struggle,” Malone told Moffett in a report published Sept. 25. By contrast, as industry insiders prepare for the annual trek to Cannes for Mipcom, Europe's largest legacy media companies have held up better, but headwinds are gathering. Hollywood's traditiona
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