Discovery’s David Zaslav promises more media merger mania at Sun Valley
NY Post
SUN VALLEY, Idaho — Allen & Co.’s “summer camp for billionaires” kicked off on Tuesday with David Zaslav of Discovery promising that the media merger frenzy created by the video streaming wars is far from over.
“We’re not done yet,” Zaslav said when asked about additional deal targets following Discovery’s $43 billion merger with AT&T’s entertainment unit WarnerMedia. Although the planned merger will create a media behemoth — joining AT&T’s CNN, HBO, and Hollywood studio Warner Bros. with Discovery’s Food Network and TLC — Zaslav says he’ll continue to be on the lookout for other possible targets after the deal closes in about eight months.More Related News
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