Media technology (MediaTech or mediatech) refers to new technology and innovation in media. The use of Smartphone|smartphones, internet, and emerging technologies such as cryptocurrency and AI are where we find the predominance of innovation today; the role of technology in media however can be traced back to the printing press, record player, microphone, and more. MediaTech companies consist of both Startup company|startups and established Media and technology companies trying to replace or enhance the various forms of media through technology.
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UNSW Adjuct Professor, Paul X. McCarthy reports that there are now more than twice as many private companies worth more than US$1 billion (also known as unicorns) in mediatech today (116) than as in the more well-known financial technology (fintech) sector (52).1
seobrien on March 10, 2020