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In 2026, the intersection of capital and media is shifting from massive, volume-driven spending to a highly disciplined model. Total global investment in media content is projected to hit $255 billion this year, with streamers like Netflix and Amazon alone spending over $100 billion .

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Capital is flowing into music catalogs and podcast networks as "yield-generating assets". Institutional players are treating these as long-duration cash flows, with some recent joint ventures deploying upwards of $1 billion into music rights. Capital is flowing into music catalogs and podcast

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