The media and entertainment business was thriving as we entered the new decade in 2020 B.C. (“Before Coronavirus”).

All segments — movies, television, mobile video, music, games, esports, immersive (VR and AR), live and experiential entertainment — expanded over the past decade. Massively. To be sure, new platforms like streaming and mobile cannibalized some of the earlier ones (like cable TV) to fuel that expansion.