Warner Bros. Chief Executive David Zaslav said Discovery is optimistic that former President Trump's administration will create a favorable environment for potential media consolidation.
“There will be a new government,” Zaslav said on a conference call with investors this week. “It's too early to tell, but it could bring about a very different pace of change and opportunities for consolidation, which will have the real positive accelerating effect this industry needs. Dew.”
Zaslav's comment was the first The Hollywood Reporter reported.
Zaslav heads WBD, one of the country's largest media conglomerates, home to major brands such as CNN, Turner Sports and MAX.
Some Biden administration officials, led by Federal Trade Commission Chairman Lina Khan, have suggested that further consolidation of media companies could threaten competition in the sector and harm consumers. There is.
President Trump has mocked mainstream media in recent months and suggested he might use federal authority to crack down on reporting critical of him.
President Trump's re-election poses great uncertainty for major media companies, as many, including WBD, will significantly discount their terrestrial television assets from Wall Street and shift further toward streaming and direct-to-consumer businesses. The time for sex has arrived.
Zaslav has previously indicated that WBD was actively searching for a company to merge with, before the Hollywood giant was ultimately sold to Skydance founder Larry Ellison earlier this year. , reportedly met with Paramount executives.
