The Media Show: Netflix’s Hollywood takeover drama

Netflix’s agreement to buy Warner Bros Discovery has triggered an immediate hostile counter-bid from Paramount, intensifying concerns within Hollywood about consolidation and streaming dominance. Natalie Jarvey, senior correspondent at The Ankler, and Dade Hayes, business editor at Deadline, assess why Warner Bros are in demand and what the takeover could mean for viewers. Five broadcasters have now withdrawn from next year’s Eurovision Song Contest in protest at Israel’s participation. BBC Music reporter Mark Savage explains the latest developments. Meta is reducing its investment in virtual-reality projects and directing greater resources into AI. The metaverse was once Mark Zuckerberg’s vision for the future of the company. Alex Hern, AI correspondent at The Economist, and Charlotte Henry, author of Streaming Wars, outline the implications.Presenters: Katie Razzall and Ros Atkins Producer: Lisa Jenkinson Content Producer: Lucy Wai Production Coordinator: Ruth Waites Technical Coordinator: Chris Brown Sound: Sarah Kimberley