Tech to Spend Cash on Media M&A, Says Carlyle's Rubenstein

The video discusses the consolidation of industries, particularly in media, and the challenges faced by smaller companies in competing with tech giants like Amazon, Apple, and Netflix. It highlights the potential for mergers and acquisitions in the media sector, driven by large technology companies with significant cash reserves. The discussion also touches on the market dynamics and the importance of scale for media companies to remain competitive.

What is the significance of scale in the context of media companies as discussed in the text?

What predictions are made about mergers and acquisitions in the media industry?