Report Forecasts Demise of TV

Jul 8, 2008  •  Post A Comment

A report by Lehman Brothers analyst Anthony DiClemente states that the “film and TV businesses are on the verge of structural changes that appear to impact the core revenue and profits of entertainment business models,” Wired reports. DiClemente predicts the demise of network television, while labeling as winners digital distribution sites such as Apple’s iTunes and Google’s YouTube, the Web site says.

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