With rampant inflation, elevated gas prices, and rising interest rates, consumers are likely to start aggressively culling their streaming subscriptions as well as how they spend any discretionary dollars. Discovery competes against Netflix with HBO, HBOMax, Discovery+, and several other streaming services, it's also a partner through the receipt of licensing fees for programming, such as from its broadcast network CW. A recession could stunt the advertising market upon which the entertainment giant relies heavily upon for revenue, not to mention needing to service the substantial $43 billion worth of debt it assumed upon completion of the merger.