The future of pay TV is smaller bundles of channels—even the owners of the channels are acknowledging as much. Even if Big Media is trying to embrace the trend of the so-called skinny bundle, it will mean leaner times for some.
As Apple’s recent share-price travails show, the tech giant needs to be about more than just the iPhone. But the company faces challenges in trying to diversify its business. In that regard, the performance of the Apple Watch is telling.