Today's Above Avalon stories:

Elon Musk Talks Autonomous Cars
The Hidden Media Story of 2015

In today's email, we go over Elon Musk's latest comments to Fortune about autonomous driving. We are getting a much clearer view on how to think about the prospects and likelihood of self-driving cars. We then shift to the media space and specifically the hidden media story of 2015. While M&A in the media space has picked up dramatically this year, there is a trend taking place that few saw coming. We discuss the implications this trend may have on media companies going forward, including news services such as Apple News.

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