Fmr. Disney Exec: Media Consolidating Around New Model
Kevin Mayer, former Walt Disney Direct-to-Consumer & International Chair, discusses Fox's recent $22 billion acquisition of Roku, highlighting a significant strategic move from traditional media towards streaming. Fox, which previously lacked a major streaming platform, aims to strengthen its position by integrating Roku's streaming service alongside its existing ad-supported streamer, Tubi. He speaks with Romaine Bostick & Katie Greifeld on "The Close."
(Source: Bloomberg)
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