Are tech companies and social platforms to become media giants?
This is a snippet of an article that appeared in Geoffresh Inc., called Tech and Social Companies: The Next Media Giants?
A week full of announcements: Verizon acquires AOL for $4.4 Billion; Facebook partners with 6 publications for launch of their new tool for publishers, called Instant Articles. We are seeing the collaboration of companies from different fields so frequently these days, a sign of a new era for society. Companies rise and fall, but the rise of tech companies and social platforms as leaders of media is quite the feat. The question is, what value do they see in getting involved with older companies who need them more?