Liberty Global CEO John Malone says he thinks Apple, Amazon and Roku could dominate the streaming space thanks to their global presence.
Speaking to broadcaster CNBC, Malone said “I think these global platforms will be enormously powerful.”
“The consumer’s not going to want to buy from a broad number of subscription services. They’re going to tend to want to go to one convenient supplier,” added Malone. “It looks increasingly like that’s going to be Amazon, or it’s going to be Apple, or it’s going to be Roku. Or it could still be a Google effort.”
Malone said Roku is well-positioned for growth in the long run, while Amazon and Apple provide “extremely high quality services.”
“I think the people who have the platforms in addition to the content, only the platforms, like Roku, are in pretty good position to build a long-term profitable global business,” Malone said.
“And because of their size and their market power, they are in the position to crush competitors or even to go into parallel businesses and wreak havoc. I don’t see anything likely to slow it down,” he added.