takeover in the media sector

In De Morgen, Prof. Tom Evens was interviewed about the pending merger deal between Warner and Discovery to combat Netflix, and the likely purchase of MGM by Amazon. He identifies scale (number of subscribers) and volume (breadth of content catalogue) as main drivers for these moves. Furthermore, he witnesses a ‘marriage’ between old and new: “Streaming is nothing more than an update of the old model of pay-television. The old model becomes digital, while streaming needs the content. As a result, you get interaction and integration”.

 

19.05.2021 - Mediasector staat voor heuse overnamegolf, De Morgen, p 11