David Zaslav says Trump will fuel big media mergers
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...