In 2020, the streaming revolution swept Hollywood, minting both the first serious competitor to Netflix (Disney+) and a full-fledged disaster (Quibi). But the company’s stock is at an all-time high thanks to the blockbuster performance of Disney+, its streaming service. The year’s dubious distinction award goes to Jeffrey Katzenberg’s Quibi, the mobile video service that flamed out in nine months. AT&T envisioned its media play as an opportunity to capitalize on the streaming media revolution. And drumroll, please …The Forbes Person Of The Year In Media: Tim SweeneyEpic Games CEO Tim Sweeney deserves the highest praise for building on the phenomenon that is Fortnite, turning the video game into a social network that served as a lifeline during this difficult year.

Source: Forbes January 02, 2021 11:26 UTC