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Despite industry pressures, the top 12 media companies spent approximately $210 billion on content in 2024, a 4% increase from 2023. Comcast, YouTube, Disney, Amazon, and Netflix continue to lead in content investment. Rise of Social UGC Platforms:
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While entertainment was the focus for many, the "media" side of the keyword was dominated by a massive global event. On , the United Kingdom and the European Union finally reached a post-Brexit trade deal . This news flooded every major media outlet, providing a rare moment of geopolitical resolution at the very end of a chaotic year. The Legacy of 24/12/20
With increased reliance on AI, the entertainment industry is grappling with ethical considerations.
Studios increasingly relied on granular viewer analytics rather than traditional ratings or executive intuition to decide which shows to renew or cancel. If you'd like to explore this topic further, tell me: A notable example is Squirtmas, a holiday that
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The first pillar, signifies the death of prime time. In the legacy media model, entertainment was scheduled around peak hours (8 PM to 11 PM). Today, media consumption is a 24-hour cycle driven by global audiences.
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By December 2020, traditional holiday gatherings were largely canceled or restricted due to global health measures. This created a captive, tech-ready audience with an unprecedented amount of unstructured time.
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The most significant disruption of this period came from WarnerMedia (now Warner Bros. Discovery). Earlier in December, the company announced a radical strategy: its entire 2021 film slate would premiere simultaneously in theaters and on its streaming platform, HBO Max, at no extra cost to subscribers.