The Town with Matthew Belloni
Winners and Losers of Hollywood Under Trump 2.0
Nov 8, 2024
Sara Fischer, a senior media reporter at Axios known for her expertise in media and entertainment, joins to discuss Hollywood's future under a potential second Trump presidency. They delve into anticipated mergers and acquisitions, particularly with Warner Bros. Discovery. Fischer highlights challenges for big tech and TikTok's uncertain future in the U.S. The conversation also touches on Disney's leadership amid political pressures and rumors about a new 'Star Wars' trilogy, sparking exciting industry implications.
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Quick takeaways
- The potential for increased mergers and acquisitions in Hollywood hinges on a less restrictive regulatory environment following Trump's election.
- Trump's unpredictable relationship with media and big tech will significantly impact regulatory approaches and the future of platforms like TikTok.
Deep dives
M&A Prospects in the Trump Era
The potential for mergers and acquisitions (M&A) in the entertainment industry is seen as a significant opportunity following the Trump election. Executives, including David Zaslav of Warner Brothers Discovery, express optimism that a less restrictive regulatory environment will facilitate easier deals, which had been hindered under the Biden administration. This prospect has sparked discussions around the ability of firms like Paramount and others to engage in strategic consolidation, particularly as regulations around ownership are expected to ease. However, companies may still face challenges due to Trump's history of intervening in deals based on personal vendettas, which could complicate the landscape.
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