There's no business like show business? Oh, you better believe there is. If there were ever a parallel to be drawn between the banking industry of late and any other business, it is undoubtedly the world of entertainment, which has undergone a remarkably similar sweeping transformation brought about by the advent of new technology, collision of distribution mediums, and rise of nimble, visionary powerhouses who vanquished the complacency of the Old Guard.
The entertainment business-much like banking today-has had to survive radical change, much of which hinged on industry consolidation, globalization and product commoditization. Sound familiar?