Hard to Define Competition in Streaming: Yale’s Scott Morton

LET’S GO BACK TO WHETHER OR NOT ANY OF THESE WILL GET THROUGH APPROVAL. START WITH PARAMOUNT BUYING WARNER BROTHERS DISCOVERY. DOES IT CUT LEGAL MUSTER.FIONA: ALL THREE OF THE BIDDERS, THERE WAS COMCAST TO BEGIN WITH, HAVE OVERLAPS WITH WARNER BROTHERS. IF YOU THINK ABOUT THREE BUCKETS OF CONTENT PRODUCTION, STREAMING, AND THEN CHANNELS OR NETWORKS. THEY ALL OVERLAP.AND PARAMOUNT IN PARTICULAR HAS A LOT OF PRODUCTION STUDIO KINDS OF ASSETS. PARTICULARLY BECAUSE PARAMOUNT MERGED WITH SKYDANCE FIRST. THAT’S A ...