Bertelsmann: “Europe should consolidate streamers”

Thomas Rabe, chief executive and chairman of Bertelsmann says regulators should allow European media companies to scout mergers and partnerships to enable them to compete with US streaming giants such as Netflix and Disney+.

Rabe told the FT that the economic impact of coronavirus on the industry had strengthened his view that it will be necessary to redraw the European media landscape.

Source: Bertelsmann: “Europe should consolidate streamers”