Fmr. Disney Exec Says Media Is Consolidating Around New Model

Kevin Mayer, former Walt Disney Direct-to-Consumer & International chair, discussed Fox's recent $22 billion acquisition of Roku as a strategic shift by traditional media toward streaming. According to Bloomberg, Mayer said Fox, which previously lacked a major streaming platform, is aiming to bolster its position by pairing Roku's streaming service with its existing ad-supported streamer, Tubi.