Tom Fussell, CEO of BBC Studios, discusses the media landscape and the company's growth strategies in the face of market challenges and mega-mergers. Fussell highlights the success of BBC Studios' content pipeline, including the animated hit franchise Bluey and the upcoming Bluey Movie. He also emphasizes the company's focus on growth areas such as vertical content, FAST channels, and AI. Fussell addresses the company's M&A opportunities, with a particular interest in setting up new labels and acquiring production companies. He also discusses the company's investments in growth areas such as BritBox and Select, as well as the challenges of cost savings and market pressures. Fussell's insights provide a comprehensive overview of BBC Studios' strategies and challenges in the evolving media landscape.