Warner Bros. Discovery’s CEO David Zaslav expressed an opportunistic stance toward mergers and acquisitions over the next two to three years, particularly targeting companies facing financial difficulties. Speaking at the Bernstein 40th Annual Strategic Decisions Conference, Zaslav stressed the importance of disciplined investments focused on long-term, global growth. The media giant reported a significant reduction in debt and projected further consolidation in the streaming industry, anticipating only a few dominant global platforms. Specific potential deals include scrutinizing Paramount Global, which has discussed sales options but not advanced talks with WBD. Additionally, Warner Bros. Discovery continues strategic discussions about renewing NBA broadcasting rights, aiming to maintain a strong sports content portfolio. Zaslav highlighted future growth in international markets and collaborative bundling strategies with other streaming services like Disney+, Hulu, and Max to optimize the customer experience.

Media & Entertainment, Mergers & Acquisitions, Streaming Services,United States, Global