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