#Latest news with #shakeoutBloomberg2 days agoBusinessBloombergNetflix Co-CEO Sees Warner Split as Part of Broader ‘Shakeout'Warner Bros. Discovery Inc. 's decision to split into two independent companies is a sign of a broader 'shakeout' across a media industry that has become increasingly dominated by streaming and on-demand services, Netflix Inc. co-Chief Executive Officer Greg Peters said. 'Everything is moving to streaming — everything is moving to on demand,' Peters said Thursday in an interview with Bloomberg Editor-in-Chief John Micklethwait at the Founders Forum Global conference. 'There's going to be a period of shakeout and transition associated with that.'
Bloomberg2 days agoBusinessBloombergNetflix Co-CEO Sees Warner Split as Part of Broader ‘Shakeout'Warner Bros. Discovery Inc. 's decision to split into two independent companies is a sign of a broader 'shakeout' across a media industry that has become increasingly dominated by streaming and on-demand services, Netflix Inc. co-Chief Executive Officer Greg Peters said. 'Everything is moving to streaming — everything is moving to on demand,' Peters said Thursday in an interview with Bloomberg Editor-in-Chief John Micklethwait at the Founders Forum Global conference. 'There's going to be a period of shakeout and transition associated with that.'
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