Media Moguls Meet Amid Industry Changes
At an annual retreat of media moguls this week in Sun Valley, Hollywood leaders focused on the “chilling effects of industry change brought on by labor strife, fragmentation and new technology,” Reuters reports.
“The whole industry is in transition,” said Anne Sweeney, co-chairman of Walt Disney Co’s Disney Media Networks and President of Disney-ABC Television, in the report. “I’d say that every day for the next five years, you have to track consumers and be adaptable,” she said.
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