In an interview at the Allen & Co. conference in Sun Valley, Idaho, he told CNBC that after so many mergers in the content distribution space, consolidation in the content space is inevitable.
"It's all about global scale. If you want to be a meaningful player in most of any of these media communication businesses, you have to think about it," Malone said. Because the stage is now global rather than just the U.S., he said the scale that a company must have to "meaningfully play" is that much bigger.
"I think that's just the way the world is. Big bubbles get bigger. Little bubbles disappear. It's physics. So I think that's really what we're seeing going on right now: The Internet and the digital world creating global standards. A guy like Evan [Spiegel] from Snapchat can go from nothing, an idea ... to global. These things are just blooming and blossoming like mad because of that scale that exists around the world. So it's just a very interesting time," he said.
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