) made comments over"real consolidation" that will take place with media companies over the next few years. Streaming giants have faced many challenges lately with their subscription models but could there be more challenges for the industry ahead?Greenfield begins by laying out the problem the older media companies are facing:"the amount of usage of applications like Peacock ... Netflix and YouTube, represent over 45% of all time spent streaming on a television.
Well, look, you know, I think everyone talks about consolidation because they are struggling to really have their streaming apps be used. Because right now the big problem, they're, they're, they're facing people just don't watch these things a whole heck of a lot.It's interesting since you bring up youtube, I'm gonna go in on this because uh there's this regulation, question and question about whether or not consolidation is gonna be tough, given regulation.
I mean, obviously a change in administration, I know there's lots of views on whether JD Vance is a Lina Khan fan or not.I mean, we'll see, obviously, um, former president Trump has certainly made some pretty aggressive comments about his feelings on Facebook and Zucker Bucks.