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Discovery CEO: We could win in consolidating sector with content

Feb. 10, 2017 12:35 PM ETWarner Bros. Discovery, Inc. (WBD) StockWBDBy: Jason Aycock, SA News Editor1 Comment
  • In a world where media consolidation is rampant, content -- or at least Discovery Communications (DISCA +1.4%) content -- is king, says Discovery chief David Zaslav.
  • Looking to where mergers like AT&T/Time Warner are more the norm, he says "We think we could be the winners with a lot of the great content that we have."
  • He pointed to Discovery Channel, the Oprah Winfrey Network and TLC as examples that would make the company's offerings an asset to emerging giants of distribution.
  • "The core to the strategy is making sure that your channels and your IP is really compelling," he says. "And you have a super fan group and people that ... gotta have it."

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