Connect with us

Hi, what are you looking for?

Financial Source ReportFinancial Source Report

Tech News

David Zaslav says Trump will fuel big media mergers

Photo collage of an image of Donald Trump behind a graphic, glitchy design.
Image: Cath Virginia / The Verge; Getty Images

Warner Bros. Discovery CEO David Zaslav thinks putting Donald Trump back in the White House could offer a friendlier environment for major media mergers. “We have an upcoming new administration,” Zaslav said during an earnings call on Thursday. “It’s too early to tell, but it may offer a pace of change and an opportunity for consolidation that may be quite different.”

Zaslav made the statement in response to a question about streaming partnerships, saying changes under the Trump administration could have “a real positive and accelerated impact” on the entertainment industry. With more competition than ever in streaming, it’s getting harder for services to get a viewer’s undivided attention.

“This is an industry that really needs to…

Continue reading…

You May Also Like

Tech News

Image: World Worldcoin, the cryptocurrency / human identity network / UBI project co-founded by OpenAI CEO Sam Altman, is now known as World. Along...

Editor's Pick

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the...

Editor's Pick

Clark Neily If you haven’t seen the Netflix blockbuster Rebel Ridge, you should. Billed as a Rambo-meets-Jack-Reacher police procedural whose protagonist is triggered by...

Editor's Pick

Semiconductors sold off on Tuesday, crushing the Technology sector. But the Real Estate sector didn’t suffer a similar fate; in fact, it was the...

Copyright © 2023 FinancialSourceReport.com All Rights Reserved.