Hard to Define Competition in Streaming: Yale’s Scott Morton
NeutralArtificial Intelligence
- Fiona Scott Morton, a Professor of Economics at Yale, highlighted the complexities in defining competition within the streaming industry during her discussion on Bloomberg Tech, particularly in relation to Netflix's proposed acquisition of Warner Bros. Discovery.
- This acquisition, valued at approximately $72 billion, represents a strategic shift for Netflix, moving from a focus on building content to acquiring established studios, which could significantly alter its competitive positioning in the market.
- The ongoing bidding war for Warner Bros. Discovery, involving both Netflix and Paramount, raises critical questions about market dynamics and regulatory scrutiny, reflecting broader trends in the media landscape as companies adapt to evolving consumer preferences and competition.
— via World Pulse Now AI Editorial System
