> Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation.

I feel like some of those very diversified company tend to be the one who struggle to evolve and adapt because some part of their business are worried about being cannibalized by the new business opportunity (like how streaming “killed” physical media). I.e, if you are the director of the “DVD player division” you have an active interest in killing any potential streaming division. Reality is of course more complex than this, but this is the kind of story we sometimes hear off when "too big to fail" companies end up missing a major shift.

Silo-ing is the biggest brake on human progress