2014 proved to be a transformational year for content-driven digital media and investment (a new “golden age” of content I predicted for TechCrunch at the beginning of this year). For the first time, that investment – much of it SoCal-based -- finally took its rightful place in the sun even in the eyes of ever-skeptical NorCal venture capitalists. It was easy to see why, given mega–deals like Disney Studios buying leading multi-channel network (MCN) Maker Studios for up to $1 billion, Facebook buying virtual-reality company Oculus Rift for $2 billion, Microsoft uploading Minecraft maker Mojang for $2.5 billion, Apple buying Dr. Dre’s Beats for nearly $3 billion, and Amazon snatching up live gamer site Twitch for $1 billion. 5 deals – nearly $10 billion.
So, what do these deals portend for 2015? Certainly, accelerating digital media activity and focus – meaning billions of dollars of new bets placed by VCs, strategic investors and acquirers on content-driven opportunities.
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