Media and entertainment have evolved exponentially in the last three decades, shifting from mass media production to carefully curated content. With the proliferation of vertical integration and the shift toward direct-to-consumer content, leading executives are redefining the parameters of the industry. What is the future of media and entertainment? How will independent studios fare in competition with traditional media conglomerates? What is the impact of this most recent wave of mergers and acquisitions? And what will this shift mean for actors, studios, production, and consumption?