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One of tech and media’s most influential investment bankers thinks 2020 could see a shakeout in the streaming wars — read the full memo he sent to staff

Aryeh Bourkoff

  • Aryeh B. Bourkoff, a tech, media, and telecom banker who founded LionTree Advisors, said “profitable, scaled businesses” that have survived many new challengers should last for at least the next five to 10 years.
  • Instead of fighting startups, as they did in the last few years, those incumbents will battle each other for market share.
  • For 2020, Bourkoff said that the streaming wars represent one area where big players are crowding a space that’s also competing with video games and other entertainment.
  • He also highlighted hot areas for young companies, including audio, video gaming, beauty/fashion/luxury, food technology, and health and wellness.
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    Source:: BusinessInsider.Com