Media Analysts Bullish as Companies Pivot to Digital

CNBC: With a rapid succession of layoffs being announced, many industry folks and investors are concerned about the future of media. Analysts say, however, that it isn’t even as much as a paring of resources to stay afloat. They believe what we’re seeing is a restructuring of companies, as legacy publications and new media start-ups finally get how to leverage digital media in order to gain revenue. “Traditional media companies and new media companies are making the pivot from more traditional models to the mobile world.”