Bassetti pointed to the likes of Netflix, Amazon and Apple TV+s recent move into sports shows.
They dont just want [sports] matches they need to do more, he added.
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That means we have to diversify but also expand our business, he added.
Netflix’s ‘Human Playground’Netflix
Private equity critique
Meanwhile, Bassetti criticized private equity firms for raising expectation in the market.
The fact they are overspending for us sometimes is an issue.
Bassetti talked up Banijays position as not being backed by any big media company.
The outfit is owned by recently-created SPAC company FL Entertainment and is listed on the Dutch stock exchange.
So we have aligned interests and in this sense we are pretty much unique.
