3 sources·Business

Warner Bros. Discovery CEO Eyes M&A Opportunities with Trump Administration

David Zaslav of Warner Bros. Discovery anticipates a favorable environment for mergers and acquisitions under Trump, signaling shifts in the media industry landscape.

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Updated: Nov 7th, 2024, 4:32 PM ET

Summary

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Warner Bros. Discovery CEO David Zaslav expresses optimism for upcoming media mergers under the Trump administration, citing a potential shift from Biden-era antitrust policies. Zaslav highlighted the need for consolidation in the media sector, which has faced significant disruptions. The media industry sees a chance for improved streaming services and weakened regulatory barriers. However, Zaslav's past merger discussions with companies like Paramount were hindered by regulatory concerns. WBD recently reported a quarterly profit, aided by cost controls and subscriber growth across its streaming platforms, despite challenges in the traditional TV business.

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