David Zaslav, CEO of Warner Bros. Discovery believes that Donald Trump's return to the White Home may present a friendlier surroundings for main media mergers. “We have now a brand new administration coming in,” Zaslav mentioned throughout an earnings name Thursday. “It's too early to inform, however it could present a tempo of change and a possibility for consolidation which may be fairly completely different.”
Zaslav made the assertion in response to a query about streaming partnerships, saying modifications underneath the Trump administration may have “an actual optimistic and accelerated influence” on the leisure business. With extra competitors than ever in streaming, it's turning into more and more troublesome for companies to seize a viewer's undivided consideration.
“That is an business that basically must strengthen,” Zaslav mentioned. “Shoppers placed on a TV and see 16 apps, and every of them affords completely different costs, and also you're sitting there together with your cellphone and also you're Googling the place a present is … it's simply not a great client expertise.”