What The Warner Bros.-Discovery Merger Means For Streaming As A Whole
August 18, 2022 – Media MentionEntertainment Partner Sky Moore was quoted in Newsy discussing what the Warner-Bros.-Discovery merger means for streaming overall.
Excerpts:
"You will see more merger activity, where streamers are trying to pick up existing libraries so that the consumer knows when they log on to a particular site, that they have the most choices available," said Sky Moore, lawyer and partner at Greenberg Glusker.
"The company wants a clean slate when it goes forward," Moore said. "They just simply wanted to deduct it prior to going forward so that it didn't show up as a loss on the books of Discovery."
"Disney buys Fox," Moore said. "Netflix already has a massive library. Amazon buys MGM. You can guess Apple is going to buy somebody. It's all being driven by the need to consolidate the most content."
