If there's 2 things former MGM CEO Harry Sloan knows well, it's 1) SPAC ventures 2) the media business. awallenstein went deep with Sloan on both of those subjects on the latest episode of the Strictly Business podcast
Listen to the podcast here:“I don’t anticipate anything coming out of the regulatory side,” he said in an interview conducted Nov. 4 at TechTainment, an annual conference hosted by theLos Angeles Intellectual Property Law Association (LAIPLA) in conjunction with
LMU Loyola Law School. “I do anticipate a lot more sanity and less speculation among SPAC investors and therefore much less SPACs. Will there be 600 a year from now? No. Will it be 250? There’ll be a lot less.”In addition to giving his outlook on the SPAC market, Sloan reflected on his career in the media business, including what could be next for the industry. Recalling a period during the 2010s when tech companies kicked the tires on a range of content companies including MGM, he predicted Apple will make an acquisition not unlike the pending Amazon-MGM deal.Read more: Variety »
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