Hello Warner Bros Discovery How Many Merger Opportunities Are Left
Anyone who wants a shot in the top three streamers — the magic number for subscribers, according to former WarnerMedia CEO Jason Kilar — must choose an alliance. However, only so many merger opportunities remain. Disney’s size is due in large part to its purchasing most of Fox Corp for $71 billion in 2019. They outbid Comcast, which acquired NBCUniversal for about $14 billion in 2013. (Losing out on Fox assets drove Disney’s price point up by nearly $20 billion, which some analysts argue was part of the point....