Former WarnerMedia CEO Jason Kilar Sees the Future: 3 Streamers, More TV in Theaters

Former WarnerMedia CEO Jason Kilar Sees the Future: 3 Streamers, More TV in Theaters
Remember Jason Kilar? After the insanity of 2022, the WarnerMedia CEO’s exit following the Warners-Discovery merger last April seems like a relic from another time. However, he’d like to make sure he’s not forgotten: In an op-ed for the Wall Street Journal, Kilar wrote his predictions for the streaming business. Among his prognostications: There’s room for three major streamers and that’s it.

“No more than three global entertainment companies are likely to attain the streaming-service scale required — 300 million global subscriptions at an average of 15 per month — to generate attractive cash flows,” Kilar wrote. “Expect two or three major mergers and/or acquisitions involving entertainment companies in the coming 24 months as a result.”

It’s not all bad news, however. “Given the unusually large addressable market and the relatively fixed cost of content at scale, I believe the streaming cash flows of the leading companies will
See full article at Indiewire Television »

Similar News


Recently Viewed