The next wave of streaming bundles could entail media companies teaming up instead of competing with each other.
Paramount+ (PARA) and NBC's Peacock are in talks to join forces. What could this potential merger mean for the greater media landscape and other streaming platforms? Citi Managing Director Jason Bazinet joins Yahoo Finance Live to take a closer look at what this could mean for competition. “I’m in the minority” states Bazinet who suggests that consolidation could be one way to “compete with the likes of Netflix.” With one major concern being pricing for consolidation, Bazinet stated that “pricing will go up,” but insists that consolidation ensures cost savings because “we have too many apps.” For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Eyek Ntekim
In this article, we will look at the 25 most valuable entertainment companies in the world. If you want to skip our analysis of the global media and entertainment industry, you can go directly to the 5 Most Valuable Entertainment Companies in the World. The Global Entertainment and Media Market According to a report by […]