Paramount+ (PARA) and NBC's Peacock are in talks to join forces. What could this potential merger mean for the greater media landscape and other streaming platforms?
Citi Managing Director Jason Bazinet joins Yahoo Finance Live to take a closer look at what this could mean for competition.
“I’m in the minority” states Bazinet who suggests that consolidation could be one way to “compete with the likes of Netflix.” With one major concern being pricing for consolidation, Bazinet stated that “pricing will go up,” but insists that consolidation ensures cost savings because “we have too many apps.”
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