PepsiCo announced at the beginning of this week that it’s in the process of acquiring SodaStream in a deal worth $3.2 billion. The deal is a perfect reflection of how the consumption of soft drinks in the US is changing.
Netflix has surpassed Disney as the most valuable media company in the US. The online streaming service has experienced outstanding success in the recent months including commendable subscriber growth around the world. Disney, on the other hand, has been entangled in its own battles.