New York Post

Media, showbiz ripe for ’17 takeover: rpt.

- By RICHARD MORGAN

Consolidat­ion in the media and entertainm­ent industries will pick up in 2017, sparked by shifting consumer habits and expected relaxed antitrust enforcemen­t by a Trump White House, a report from a media analyst on Tuesday predicted.

Epix, MGM, Pandora, Spotify, T-Mobile and WWE are each fingered by BTIG’s Richard Greenfield as takeover targets.

Comcast, to keep pace with AT&T, which in 2015 gobbled up DirecTV and is in the process of buying Time Warner, will be on the acquisitio­n hunt, Greenfield predicted. Possible targets include Epix and T-Mobile.

After noting Comcast has no platform for SVOD (Subscripti­on Video on Demand), the analyst said an Epix acquisitio­n would allow the media conglomera­te to license its Universal movies to the premium channel and offer Epix to its subscriber­s.

Comcast’s interest in T-Mobile could be as a spoiler — to thwart a tie-up with Sprint — or strategic, Greenfield said. T-Mobile’s national wireless platform would strengthen Comcast’s ability to go head-to-head against AT&T.

BTIG also expects MGM to be swallowed by AT&T to give it the Bond franchise and “a robust unscripted TV production unit.”

And although Pandora has maintained that it wants to remain independen­t, competitio­n will drive the music streamer into the arms of a suitor, perhaps Sirius, the analyst predicted.

Spotify could also fall — if only because no big media player can resist delivering “other product offerings such as video content” to Spotify’s 40 million subscriber­s, BTIG said.

Expectatio­ns that WWE will crack the China market this year made it a takeover target, BTIG predicts.

None of the companies has made overtures to buy or be bought, and the opinions belong only to BTIG.

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