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My hypothesis is that the "digital broadcast" scramble to buy/merge everything is defensive move mostly by the traditional telcos & ISP's. They see the upcoming disruption from Wifi/mesh networks that will erode their primary source of revenue from cellular data.

Japanese researchers have unveiled the AquaTop display, which consists of a screen projected onto the surface of water, controlled by interacting with the liquid. The creators engineered the system to use the water surface as an integral part of its control - for example, one action is carried out when users dip their fingertips to interact with a screen object, and another when they approach the item from underneath the water. On-screen items also react to the movement of the water, meaning that they can be moved or changed by simply disrupting the surface with a splash, or scooping up the water and placing it elsewhere.

How long before the same digital forces upend Pay TV?

Digital circulars

Newspapers are a great example of an industry upended. First denial followed by more denial then structural counter measures (i.e. paywalls). Then finally diminishment and irrelevancy. Industries that solved problems that no longer exist (talking to you Pay TV) can not survive.

Ironically I was running ad blocking software on this page;-)

Based on this Facebook should buy WeChat for 17 billion, Line for 16 billion and Viber for 14 billion;-)