Yelp: Future King Of Content
While performing research for an article on Netflix (NFLX), the constant discussion on original content made me wonder about other content generators. Especially when considering the massive valuations of entertainment content companies. As an example, nonfiction content creator Discovery Communications (DISCA) has a market value of $28B and The Walt Disney Corporation (DIS) is worth $111B. Is it possible for user generated content to ever create companies of that size?
All of those firms are vastly different from a focus of distributing content in the case of Netflix to the creating content for a vast network of cable channels at Discovery to creating films and TV shows at Disney. In general, all of the companies are involved in the creation and distribution of entertainment content that has historically had significant value creation.
Read the full article at Seeking Alpha.
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