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Signal: Why Broadcast M&A will Kill Broadcasters
by thenewgreen

    "[Broadcast is] kind of like the horse… [it] was good until we had the car", declared Netflix CEO Reed Hastings this past November. "The age of broadcast TV", the executive promptly added "will probably be over by 2030".

    Though many considered the remarks brash, Hastings' opinion is neither new nor particularly controversial[1]. After all, video consumption is not just shifting away from broadcast television – it's shifting away from the television itself. Despite this, local broadcasters – the buggy of the pre-automobile world – appear to be more valuable than ever: