Commentary: Apple and Amazon don’t need to buy Hollywood to build entertainment powerhouses

An Apple Inc. laptop computer displays the home screen for the Netflix Inc. original series ‘The Crown’ in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Thursday, April 12, 2018. Netflix Inc. is scheduled to release earnings on April 16. Photographer: Gabby Jones/Bloomberg

Commentary: A continuing deal frenzy by media, entertainment and telecom companies is a reaction to online hangouts absorbing more of people’s time and money. Tech companies should stand on the sidelines of this desperate reshuffling that they caused. 

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