Disney CEO Questions Netflix-WBD Deal Impact

Disney CEO Bob Iger has voiced significant concerns regarding the potential acquisition of Warner Bros. Discovery by Netflix, signaling a watchful stance from the entertainment giant. Iger articulated his perspective during a recent CNBC interview, questioning the ramifications for consumers and the broader media landscape.

Iger specifically urged regulators to examine the deal's potential impact on consumers, particularly concerning pricing leverage. He posed whether a consolidated entity with substantial streaming subscriptions worldwide could unduly influence prices. Furthermore, he stressed the importance of protecting the health of the global film ecosystem, including the movie theater business which operates on thin margins and requires consistent film volume for monetization.

When asked about Disney's official stance, Iger indicated that the company has not yet determined whether to formally engage with regulators on the matter. However, his remarks underscore a strategic awareness of the evolving streaming market and the competitive dynamics at play, even as Disney itself navigates its own entertainment ventures.