Secondly, lets look at the balance sheet.

Then the question is either yes or no.

At the moment the question is more no, he said.

Fred Kogel

Fred KogelMichael Buckner/Deadline via Getty Images

The market does kind of have consolidation behind it in Germany.

I would say we have a very good group of companies around us.

So only if there is something very specific, very decisive would we go for it.

WGA West building in Hollywood

We have the financial firepower to do it.

Another trend he suggested was streamers reining in attempts to make local productions with global appeal.

This will be reflected in the budget.

There will be constant change thats for sure.

Will there be a huge consolidation in the streamer markets?

In my opinion, yes.

Will there be further consolidation in the German media market?

In the end, how many huge production groups will there be?

I cant give you the answer.

I think there will be less than today.

The Zurich Film Festival runs from September 28 to October 8.

Its one-day Zurich Summit is organized in cooperation with CAA Media Finance.