Media executives, under siege from Web-based distribution that promises television shows, news and movies for little to nothing, are striving to protect lucrative business models while avoiding the bleak fate of the music and newspaper industries.Panic has yet to set in, as reflected by this year’s 17 percent rise in shares of media companies — which has outpaced the 7.5 percent growth of the broad-based S&P 500 Index.But each day brings new warning signs.
http://in.reuters.com/article/idINIndia-53182120101126
Video, newspapers aim to avoid music fate
Media executives, under siege from Web-based distribution that promises television shows, news and movies for little to nothing, are striving to protect lucrative business models while avoiding the bleak fate of the music and newspaper industries.