Rising high over Burbank’s sprawling film lots, the Warner Bros water tower is an emblem of old Hollywood. Ten miles south, in Culver City, TikTok’s colourful glass-fronted office symbolises the industry that threatens to take its place. Media’s great battle is between professional production studios, such as Warner, and tech platforms like TikTok that serve up algorithmically sorted, user-generated content. Now a pair of deals could bring both companies under the sway of one family.
in Business
