Gunnar Wiedenfels highlights shift towards industry consolidation in streaming era
Shreeaa Rathi | TIMESOFINDIA.COM | May 16, 2025, 18:45 IST
( Image credit : TIL Creatives, TOIGLOBAL )
Gunnar Wiedenfels has suggested a shift towards consolidation in the media landscape. The rise of streaming services is shaking up traditional models, prompting companies to consider mergers and acquisitions to thrive. By joining forces, these firms can enhance their scale and resources, positioning themselves to better compete with dominant streaming platforms.
In a recent investors conference, Gunnar Wiedenfels indicated a potential shift in the media landscape, suggesting increased openness to industry consolidation amidst the ongoing disruption caused by streaming services. This openness signals a possible wave of mergers and acquisitions as companies adapt to the evolving demands of the digital entertainment era.
Gunnar Wiedenfels addressed the possibility of further industry consolidation. He noted a change in attitude towards exploring various strategic options.
"There’s a lot more openness to discuss the options" ahead for additional industry consolidation in a disruptive streaming era.
The remarks suggest that media companies are increasingly willing to consider mergers and acquisitions as a way to navigate the challenges and opportunities presented by the rise of streaming. The streaming era has significantly altered the media landscape, forcing companies to adapt their business models and strategies to compete effectively. Consolidation could provide companies with greater scale, resources, and market power to compete with streaming giants.
Gunnar Wiedenfels addressed the possibility of further industry consolidation. He noted a change in attitude towards exploring various strategic options.
"There’s a lot more openness to discuss the options" ahead for additional industry consolidation in a disruptive streaming era.
The remarks suggest that media companies are increasingly willing to consider mergers and acquisitions as a way to navigate the challenges and opportunities presented by the rise of streaming. The streaming era has significantly altered the media landscape, forcing companies to adapt their business models and strategies to compete effectively. Consolidation could provide companies with greater scale, resources, and market power to compete with streaming giants.