Hollywood power is in flux, as the like of Netflix, Amazon and Apple spend billions conquering the market while traditional broadcasters try and keep up

In Hollywood, the screenwriter William Goldman once observed, nobody knows anything. But that was before technology companies rolled in sure of one thing: to conquer television you have to spend, spend, spend.

The geeks are raiding their digital vaults to transform themselves into lords of entertainment – or at least owners of content – and in the process shape what we watch and how we watch.

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