💨 Abstract

Warner Bros Discovery CEO David Zaslav anticipates industry consolidation in the entertainment sector under the incoming Trump administration, due to a perceived friendlier regulatory environment. Zaslav stated that consolidation would improve consumer experiences in streaming. The company's Max streaming platform saw a record jump in subscribers due to the Olympics and strong first season of "The Penguin." Warner Bros Discovery shares rose 11% on Thursday.

Courtesy: theprint.in