WEBVTT	#Elemental Media Engine(TM) 2.18.0.0

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>>

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>> Know,

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>> Know, yeah,

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>> Know, yeah, that'd

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>> Know, yeah, that'd be

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>> Know, yeah, that'd be safe.

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>> Know, yeah, that'd be safe.
>>

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>> Know, yeah, that'd be safe.
>> He

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>> Know, yeah, that'd be safe.
>> He watched

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>> Know, yeah, that'd be safe.
>> He watched that

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>> Know, yeah, that'd be safe.
>> He watched that movie.

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>> He watched that movie.

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>> He watched that movie.
>>

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>> He watched that movie.
>> Recently

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>> He watched that movie.
>> Recently with.

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>> Recently with.

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>> Recently with.
>>

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>> Recently with.
>> Yeah.

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>> Yeah.

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>> Yeah.
>>

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>> Yeah.
>> Olivier

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>> Yeah.
>> Olivier was

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>> Yeah.
>> Olivier was so

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>> Yeah.
>> Olivier was so great.

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>> Olivier was so great.

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>> Olivier was so great.
>>

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>> Olivier was so great.
>> So.

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>> So.

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>> So.
>>

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>> So.
>> Olivier,

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>> So.
>> Olivier, I

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>> So.
>> Olivier, I read

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>> So.
>> Olivier, I read the

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>> Olivier, I read the

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>> Olivier, I read the
biography.

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biography.

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biography.
>>

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biography.
>> All

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biography.
>> All right.

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biography.
>> All right. Moving

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biography.
>> All right. Moving guys

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biography.
>> All right. Moving guys from

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>> All right. Moving guys from

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>> All right. Moving guys from
new

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>> All right. Moving guys from
new media

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>> All right. Moving guys from
new media to

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>> All right. Moving guys from
new media to old

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>> All right. Moving guys from
new media to old media.

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>> All right. Moving guys from
new media to old media. No,

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>> All right. Moving guys from
new media to old media. No, I'm

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new media to old media. No, I'm

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new media to old media. No, I'm
going

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new media to old media. No, I'm
going to

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new media to old media. No, I'm
going to Paramount

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new media to old media. No, I'm
going to Paramount and

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new media to old media. No, I'm
going to Paramount and Warner

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going to Paramount and Warner

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going to Paramount and Warner
Brothers

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going to Paramount and Warner
Brothers Discovery.

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going to Paramount and Warner
Brothers Discovery. I

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going to Paramount and Warner
Brothers Discovery. I wanted

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going to Paramount and Warner
Brothers Discovery. I wanted to

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Brothers Discovery. I wanted to

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Brothers Discovery. I wanted to
give

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Brothers Discovery. I wanted to
give people

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Brothers Discovery. I wanted to
give people a

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Brothers Discovery. I wanted to
give people a bit

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Brothers Discovery. I wanted to
give people a bit of

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Brothers Discovery. I wanted to
give people a bit of an

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Brothers Discovery. I wanted to
give people a bit of an update

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give people a bit of an update

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give people a bit of an update
here

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give people a bit of an update
here on

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give people a bit of an update
here on a

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give people a bit of an update
here on a story.

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give people a bit of an update
here on a story. Obviously,

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here on a story. Obviously,

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here on a story. Obviously,
we're

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here on a story. Obviously,
we're talking

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here on a story. Obviously,
we're talking a

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here on a story. Obviously,
we're talking a lot

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here on a story. Obviously,
we're talking a lot about

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here on a story. Obviously,
we're talking a lot about a

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we're talking a lot about a

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we're talking a lot about a
week

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we're talking a lot about a
week ago

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we're talking a lot about a
week ago when

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we're talking a lot about a
week ago when we

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we're talking a lot about a
week ago when we first

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we're talking a lot about a
week ago when we first learned

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week ago when we first learned

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week ago when we first learned
of

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week ago when we first learned
of the

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week ago when we first learned
of the planet

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week ago when we first learned
of the planet Paramount

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week ago when we first learned
of the planet Paramount to

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week ago when we first learned
of the planet Paramount to make

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of the planet Paramount to make

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of the planet Paramount to make
an

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of the planet Paramount to make
an offer

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of the planet Paramount to make
an offer to

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of the planet Paramount to make
an offer to buy

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of the planet Paramount to make
an offer to buy all

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of the planet Paramount to make
an offer to buy all of

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of the planet Paramount to make
an offer to buy all of Warner

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an offer to buy all of Warner

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an offer to buy all of Warner
Brothers

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an offer to buy all of Warner
Brothers discovery

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an offer to buy all of Warner
Brothers discovery earlier

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an offer to buy all of Warner
Brothers discovery earlier this

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Brothers discovery earlier this

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Brothers discovery earlier this
week,

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Brothers discovery earlier this
week, I'd

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Brothers discovery earlier this
week, I'd indicated

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Brothers discovery earlier this
week, I'd indicated that

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Brothers discovery earlier this
week, I'd indicated that while

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week, I'd indicated that while

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week, I'd indicated that while
some

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week, I'd indicated that while
some had

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week, I'd indicated that while
some had believed

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week, I'd indicated that while
some had believed and

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week, I'd indicated that while
some had believed and I

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week, I'd indicated that while
some had believed and I had

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some had believed and I had

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some had believed and I had
even

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some had believed and I had
even been

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some had believed and I had
even been led

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some had believed and I had
even been led to

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some had believed and I had
even been led to believe

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some had believed and I had
even been led to believe as

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even been led to believe as

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even been led to believe as
well,

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even been led to believe as
well, perhaps

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even been led to believe as
well, perhaps a

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even been led to believe as
well, perhaps a said

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even been led to believe as
well, perhaps a said offer

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well, perhaps a said offer

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well, perhaps a said offer
would

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well, perhaps a said offer
would be

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well, perhaps a said offer
would be forthcoming

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well, perhaps a said offer
would be forthcoming in

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well, perhaps a said offer
would be forthcoming in the

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would be forthcoming in the

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would be forthcoming in the
near

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would be forthcoming in the
near term,

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would be forthcoming in the
near term, it

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would be forthcoming in the
near term, it could

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would be forthcoming in the
near term, it could be

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would be forthcoming in the
near term, it could be a

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would be forthcoming in the
near term, it could be a bit

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near term, it could be a bit

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near term, it could be a bit
longer

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near term, it could be a bit
longer than

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near term, it could be a bit
longer than the

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near term, it could be a bit
longer than the market

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longer than the market

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longer than the market
anticipated.

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longer than the market
anticipated. Warner

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longer than the market
anticipated. Warner Brothers

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anticipated. Warner Brothers

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anticipated. Warner Brothers
stock

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anticipated. Warner Brothers
stock actually

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anticipated. Warner Brothers
stock actually did

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anticipated. Warner Brothers
stock actually did go

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anticipated. Warner Brothers
stock actually did go down

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stock actually did go down

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stock actually did go down
during

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stock actually did go down
during the

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stock actually did go down
during the course

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stock actually did go down
during the course of

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stock actually did go down
during the course of this

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stock actually did go down
during the course of this week,

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during the course of this week,

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during the course of this week,
in

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during the course of this week,
in part

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during the course of this week,
in part on

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during the course of this week,
in part on on

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during the course of this week,
in part on on that.

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during the course of this week,
in part on on that. So

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during the course of this week,
in part on on that. So let

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during the course of this week,
in part on on that. So let me

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in part on on that. So let me

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in part on on that. So let me
give

00:00:44.978 --> 00:00:45.011
in part on on that. So let me
give you

00:00:45.011 --> 00:00:45.578
in part on on that. So let me
give you a

00:00:45.578 --> 00:00:45.612
in part on on that. So let me
give you a bit

00:00:45.612 --> 00:00:45.678
in part on on that. So let me
give you a bit of

00:00:45.678 --> 00:00:45.779
in part on on that. So let me
give you a bit of an

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in part on on that. So let me
give you a bit of an update

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in part on on that. So let me
give you a bit of an update as

00:00:46.579 --> 00:00:46.679
give you a bit of an update as

00:00:46.679 --> 00:00:46.746
give you a bit of an update as
we

00:00:46.746 --> 00:00:46.813
give you a bit of an update as
we sort

00:00:46.813 --> 00:00:47.981
give you a bit of an update as
we sort of

00:00:47.981 --> 00:00:48.048
give you a bit of an update as
we sort of try

00:00:48.048 --> 00:00:48.114
give you a bit of an update as
we sort of try and

00:00:48.114 --> 00:00:48.148
give you a bit of an update as
we sort of try and get

00:00:48.148 --> 00:00:48.481
give you a bit of an update as
we sort of try and get a

00:00:48.481 --> 00:00:48.515
give you a bit of an update as
we sort of try and get a sense

00:00:48.515 --> 00:00:48.615
we sort of try and get a sense

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we sort of try and get a sense
for

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we sort of try and get a sense
for the

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we sort of try and get a sense
for the timeline.

00:00:49.482 --> 00:00:49.582
we sort of try and get a sense
for the timeline. I

00:00:49.582 --> 00:00:49.682
we sort of try and get a sense
for the timeline. I mean,

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we sort of try and get a sense
for the timeline. I mean, best

00:00:49.716 --> 00:00:49.783
for the timeline. I mean, best

00:00:49.783 --> 00:00:50.483
for the timeline. I mean, best
I

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for the timeline. I mean, best
I can

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for the timeline. I mean, best
I can tell

00:00:50.617 --> 00:00:50.683
for the timeline. I mean, best
I can tell at

00:00:50.683 --> 00:00:51.518
for the timeline. I mean, best
I can tell at this

00:00:51.518 --> 00:00:51.584
for the timeline. I mean, best
I can tell at this point,

00:00:51.584 --> 00:00:51.618
for the timeline. I mean, best
I can tell at this point, if

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I can tell at this point, if

00:00:51.718 --> 00:00:51.785
I can tell at this point, if
you

00:00:51.785 --> 00:00:52.585
I can tell at this point, if
you are

00:00:52.585 --> 00:00:52.685
I can tell at this point, if
you are paramount,

00:00:52.685 --> 00:00:52.719
I can tell at this point, if
you are paramount, you

00:00:52.719 --> 00:00:52.919
you are paramount, you

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you are paramount, you
certainly

00:00:53.019 --> 00:00:53.753
you are paramount, you
certainly would

00:00:53.753 --> 00:00:53.787
you are paramount, you
certainly would love

00:00:53.787 --> 00:00:53.853
you are paramount, you
certainly would love to

00:00:53.853 --> 00:00:53.920
you are paramount, you
certainly would love to try

00:00:53.920 --> 00:00:53.953
you are paramount, you
certainly would love to try to

00:00:53.953 --> 00:00:54.387
certainly would love to try to

00:00:54.387 --> 00:00:54.554
certainly would love to try to
negotiate

00:00:54.554 --> 00:00:54.621
certainly would love to try to
negotiate something

00:00:54.621 --> 00:00:54.754
certainly would love to try to
negotiate something with

00:00:54.754 --> 00:00:54.788
certainly would love to try to
negotiate something with Warner

00:00:54.788 --> 00:00:55.455
negotiate something with Warner

00:00:55.455 --> 00:00:55.622
negotiate something with Warner
Brothers

00:00:55.622 --> 00:00:55.688
negotiate something with Warner
Brothers discovery.

00:00:55.688 --> 00:00:55.822
negotiate something with Warner
Brothers discovery. You

00:00:55.822 --> 00:00:55.855
negotiate something with Warner
Brothers discovery. You would

00:00:55.855 --> 00:00:56.689
Brothers discovery. You would

00:00:56.689 --> 00:00:56.723
Brothers discovery. You would
do

00:00:56.723 --> 00:00:56.890
Brothers discovery. You would
do it

00:00:56.890 --> 00:00:57.023
Brothers discovery. You would
do it quietly,

00:00:57.023 --> 00:00:57.457
Brothers discovery. You would
do it quietly, wouldn't

00:00:57.457 --> 00:00:57.490
Brothers discovery. You would
do it quietly, wouldn't you?

00:00:57.490 --> 00:00:57.624
do it quietly, wouldn't you?

00:00:57.624 --> 00:00:57.657
do it quietly, wouldn't you?
See,

00:00:57.657 --> 00:00:58.725
do it quietly, wouldn't you?
See, if

00:00:58.725 --> 00:00:58.792
do it quietly, wouldn't you?
See, if you

00:00:58.792 --> 00:00:58.925
do it quietly, wouldn't you?
See, if you can

00:00:58.925 --> 00:00:59.059
do it quietly, wouldn't you?
See, if you can actually

00:00:59.059 --> 00:00:59.092
do it quietly, wouldn't you?
See, if you can actually reach

00:00:59.092 --> 00:01:00.160
See, if you can actually reach

00:01:00.160 --> 00:01:00.226
See, if you can actually reach
a

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See, if you can actually reach
a deal

00:01:00.360 --> 00:01:00.527
See, if you can actually reach
a deal instead

00:01:00.527 --> 00:01:00.627
See, if you can actually reach
a deal instead of

00:01:00.627 --> 00:01:00.727
See, if you can actually reach
a deal instead of making

00:01:00.727 --> 00:01:00.760
See, if you can actually reach
a deal instead of making what

00:01:00.760 --> 00:01:01.895
a deal instead of making what

00:01:01.895 --> 00:01:01.928
a deal instead of making what
would

00:01:01.928 --> 00:01:02.662
a deal instead of making what
would be

00:01:02.662 --> 00:01:02.862
a deal instead of making what
would be an

00:01:02.862 --> 00:01:03.430
a deal instead of making what
would be an unsolicited

00:01:03.430 --> 00:01:03.463
a deal instead of making what
would be an unsolicited offer,

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would be an unsolicited offer,

00:01:04.464 --> 00:01:04.531
would be an unsolicited offer,
very

00:01:04.531 --> 00:01:04.664
would be an unsolicited offer,
very much

00:01:04.664 --> 00:01:04.831
would be an unsolicited offer,
very much unclear

00:01:04.831 --> 00:01:04.864
would be an unsolicited offer,
very much unclear whether

00:01:04.864 --> 00:01:05.665
very much unclear whether

00:01:05.665 --> 00:01:05.765
very much unclear whether
they're

00:01:05.765 --> 00:01:05.799
very much unclear whether
they're going

00:01:05.799 --> 00:01:05.865
very much unclear whether
they're going to

00:01:05.865 --> 00:01:06.633
very much unclear whether
they're going to be

00:01:06.633 --> 00:01:06.666
very much unclear whether
they're going to be able

00:01:06.666 --> 00:01:06.733
very much unclear whether
they're going to be able to

00:01:06.733 --> 00:01:06.766
very much unclear whether
they're going to be able to do

00:01:06.766 --> 00:01:06.900
they're going to be able to do

00:01:06.900 --> 00:01:07.467
they're going to be able to do
that.

00:01:07.467 --> 00:01:07.500
they're going to be able to do
that. And

00:01:07.500 --> 00:01:07.567
they're going to be able to do
that. And so

00:01:07.567 --> 00:01:07.634
they're going to be able to do
that. And so we

00:01:07.634 --> 00:01:08.468
they're going to be able to do
that. And so we are

00:01:08.468 --> 00:01:08.535
they're going to be able to do
that. And so we are sort

00:01:08.535 --> 00:01:08.568
they're going to be able to do
that. And so we are sort of

00:01:08.568 --> 00:01:08.701
that. And so we are sort of

00:01:08.701 --> 00:01:08.868
that. And so we are sort of
left

00:01:08.868 --> 00:01:09.636
that. And so we are sort of
left wondering

00:01:09.636 --> 00:01:09.769
that. And so we are sort of
left wondering and

00:01:09.769 --> 00:01:09.836
that. And so we are sort of
left wondering and waiting

00:01:09.836 --> 00:01:09.869
that. And so we are sort of
left wondering and waiting for

00:01:09.869 --> 00:01:10.003
left wondering and waiting for

00:01:10.003 --> 00:01:10.703
left wondering and waiting for
when

00:01:10.703 --> 00:01:10.770
left wondering and waiting for
when in

00:01:10.770 --> 00:01:10.870
left wondering and waiting for
when in fact

00:01:10.870 --> 00:01:10.970
left wondering and waiting for
when in fact said

00:01:10.970 --> 00:01:11.471
left wondering and waiting for
when in fact said offer

00:01:11.471 --> 00:01:11.538
left wondering and waiting for
when in fact said offer will

00:01:11.538 --> 00:01:11.571
left wondering and waiting for
when in fact said offer will be

00:01:11.571 --> 00:01:11.704
when in fact said offer will be

00:01:11.704 --> 00:01:12.906
when in fact said offer will be
made

00:01:12.906 --> 00:01:12.972
when in fact said offer will be
made and

00:01:12.972 --> 00:01:13.106
when in fact said offer will be
made and then

00:01:13.106 --> 00:01:13.206
when in fact said offer will be
made and then perhaps

00:01:13.206 --> 00:01:13.239
when in fact said offer will be
made and then perhaps made

00:01:13.239 --> 00:01:13.406
made and then perhaps made

00:01:13.406 --> 00:01:13.440
made and then perhaps made
public

00:01:13.440 --> 00:01:13.540
made and then perhaps made
public in

00:01:13.540 --> 00:01:15.108
made and then perhaps made
public in part

00:01:15.108 --> 00:01:15.175
made and then perhaps made
public in part to

00:01:15.175 --> 00:01:15.442
made and then perhaps made
public in part to let

00:01:15.442 --> 00:01:15.475
made and then perhaps made
public in part to let investors

00:01:15.475 --> 00:01:16.409
public in part to let investors

00:01:16.409 --> 00:01:16.476
public in part to let investors
know,

00:01:16.476 --> 00:01:16.609
public in part to let investors
know, put

00:01:16.609 --> 00:01:17.477
public in part to let investors
know, put pressure

00:01:17.477 --> 00:01:17.544
public in part to let investors
know, put pressure on

00:01:17.544 --> 00:01:17.577
public in part to let investors
know, put pressure on the

00:01:17.577 --> 00:01:17.744
know, put pressure on the

00:01:17.744 --> 00:01:17.811
know, put pressure on the
company

00:01:17.811 --> 00:01:18.578
know, put pressure on the
company to

00:01:18.578 --> 00:01:18.711
know, put pressure on the
company to some

00:01:18.711 --> 00:01:18.745
know, put pressure on the
company to some extent.

00:01:18.745 --> 00:01:18.945
company to some extent.

00:01:18.945 --> 00:01:19.679
company to some extent.
Although,

00:01:19.679 --> 00:01:19.746
company to some extent.
Although, as

00:01:19.746 --> 00:01:19.946
company to some extent.
Although, as I've

00:01:19.946 --> 00:01:19.979
company to some extent.
Although, as I've indicated

00:01:19.979 --> 00:01:20.213
Although, as I've indicated

00:01:20.213 --> 00:01:20.747
Although, as I've indicated
previously,

00:01:20.747 --> 00:01:20.814
Although, as I've indicated
previously, there

00:01:20.814 --> 00:01:20.847
Although, as I've indicated
previously, there are

00:01:20.847 --> 00:01:21.448
Although, as I've indicated
previously, there are no

00:01:21.448 --> 00:01:21.481
Although, as I've indicated
previously, there are no true

00:01:21.481 --> 00:01:21.681
previously, there are no true

00:01:21.681 --> 00:01:21.781
previously, there are no true
pressure

00:01:21.781 --> 00:01:23.083
previously, there are no true
pressure points

00:01:23.083 --> 00:01:23.149
previously, there are no true
pressure points in

00:01:23.149 --> 00:01:23.249
previously, there are no true
pressure points in the

00:01:23.249 --> 00:01:24.350
previously, there are no true
pressure points in the sense

00:01:24.350 --> 00:01:24.384
previously, there are no true
pressure points in the sense of

00:01:24.384 --> 00:01:24.484
pressure points in the sense of

00:01:24.484 --> 00:01:24.584
pressure points in the sense of
the

00:01:24.584 --> 00:01:24.651
pressure points in the sense of
the split

00:01:24.651 --> 00:01:24.717
pressure points in the sense of
the split of

00:01:24.717 --> 00:01:25.752
pressure points in the sense of
the split of the

00:01:25.752 --> 00:01:25.785
pressure points in the sense of
the split of the company

00:01:25.785 --> 00:01:25.952
the split of the company

00:01:25.952 --> 00:01:26.086
the split of the company
doesn't

00:01:26.086 --> 00:01:26.119
the split of the company
doesn't require

00:01:26.119 --> 00:01:26.820
the split of the company
doesn't require a

00:01:26.820 --> 00:01:26.986
the split of the company
doesn't require a vote.

00:01:26.986 --> 00:01:27.020
the split of the company
doesn't require a vote. There's

00:01:27.020 --> 00:01:27.120
doesn't require a vote. There's

00:01:27.120 --> 00:01:27.587
doesn't require a vote. There's
no

00:01:27.587 --> 00:01:27.720
doesn't require a vote. There's
no annual

00:01:27.720 --> 00:01:27.854
doesn't require a vote. There's
no annual meeting

00:01:27.854 --> 00:01:28.655
doesn't require a vote. There's
no annual meeting coming,

00:01:28.655 --> 00:01:28.688
doesn't require a vote. There's
no annual meeting coming, but

00:01:28.688 --> 00:01:28.888
no annual meeting coming, but

00:01:28.888 --> 00:01:28.955
no annual meeting coming, but
obviously

00:01:28.955 --> 00:01:29.022
no annual meeting coming, but
obviously you

00:01:29.022 --> 00:01:29.989
no annual meeting coming, but
obviously you can

00:01:29.989 --> 00:01:30.023
no annual meeting coming, but
obviously you can create

00:01:30.023 --> 00:01:30.223
obviously you can create

00:01:30.223 --> 00:01:30.356
obviously you can create
pressure

00:01:30.356 --> 00:01:30.757
obviously you can create
pressure through

00:01:30.757 --> 00:01:30.790
obviously you can create
pressure through public

00:01:30.790 --> 00:01:31.057
pressure through public

00:01:31.057 --> 00:01:31.124
pressure through public
shareholders

00:01:31.124 --> 00:01:31.458
pressure through public
shareholders and

00:01:31.458 --> 00:01:31.524
pressure through public
shareholders and those

00:01:31.524 --> 00:01:31.558
pressure through public
shareholders and those who

00:01:31.558 --> 00:01:31.691
shareholders and those who

00:01:31.691 --> 00:01:31.791
shareholders and those who
would

00:01:31.791 --> 00:01:32.559
shareholders and those who
would want

00:01:32.559 --> 00:01:32.625
shareholders and those who
would want to

00:01:32.625 --> 00:01:32.692
shareholders and those who
would want to deal

00:01:32.692 --> 00:01:32.759
shareholders and those who
would want to deal if

00:01:32.759 --> 00:01:33.593
shareholders and those who
would want to deal if that

00:01:33.593 --> 00:01:33.626
shareholders and those who
would want to deal if that deal

00:01:33.626 --> 00:01:33.760
would want to deal if that deal

00:01:33.760 --> 00:01:33.827
would want to deal if that deal
comes

00:01:33.827 --> 00:01:33.860
would want to deal if that deal
comes at

00:01:33.860 --> 00:01:34.494
would want to deal if that deal
comes at a

00:01:34.494 --> 00:01:34.561
would want to deal if that deal
comes at a price

00:01:34.561 --> 00:01:34.661
would want to deal if that deal
comes at a price that

00:01:34.661 --> 00:01:35.762
would want to deal if that deal
comes at a price that they

00:01:35.762 --> 00:01:35.795
would want to deal if that deal
comes at a price that they feel

00:01:35.795 --> 00:01:35.895
comes at a price that they feel

00:01:35.895 --> 00:01:36.529
comes at a price that they feel
is

00:01:36.529 --> 00:01:36.563
comes at a price that they feel
is appropriate.

00:01:36.563 --> 00:01:36.663
comes at a price that they feel
is appropriate. So

00:01:36.663 --> 00:01:36.796
comes at a price that they feel
is appropriate. So we're

00:01:36.796 --> 00:01:36.830
comes at a price that they feel
is appropriate. So we're going

00:01:36.830 --> 00:01:37.664
is appropriate. So we're going

00:01:37.664 --> 00:01:37.764
is appropriate. So we're going
to

00:01:37.764 --> 00:01:37.831
is appropriate. So we're going
to still

00:01:37.831 --> 00:01:37.897
is appropriate. So we're going
to still wait

00:01:37.897 --> 00:01:38.698
is appropriate. So we're going
to still wait for

00:01:38.698 --> 00:01:38.798
is appropriate. So we're going
to still wait for that.

00:01:38.798 --> 00:01:38.832
is appropriate. So we're going
to still wait for that. What

00:01:38.832 --> 00:01:38.965
to still wait for that. What

00:01:38.965 --> 00:01:39.799
to still wait for that. What
would

00:01:39.799 --> 00:01:39.899
to still wait for that. What
would that

00:01:39.899 --> 00:01:39.999
to still wait for that. What
would that number

00:01:39.999 --> 00:01:40.467
to still wait for that. What
would that number look

00:01:40.467 --> 00:01:40.500
to still wait for that. What
would that number look like?

00:01:40.500 --> 00:01:40.633
would that number look like?

00:01:40.633 --> 00:01:40.667
would that number look like?
This

00:01:40.667 --> 00:01:41.501
would that number look like?
This is

00:01:41.501 --> 00:01:41.568
would that number look like?
This is more

00:01:41.568 --> 00:01:41.668
would that number look like?
This is more the

00:01:41.668 --> 00:01:41.734
would that number look like?
This is more the realm

00:01:41.734 --> 00:01:41.768
would that number look like?
This is more the realm of

00:01:41.768 --> 00:01:42.635
This is more the realm of

00:01:42.635 --> 00:01:42.669
This is more the realm of
speculation

00:01:42.669 --> 00:01:42.769
This is more the realm of
speculation at

00:01:42.769 --> 00:01:42.869
This is more the realm of
speculation at this

00:01:42.869 --> 00:01:43.670
This is more the realm of
speculation at this point.

00:01:43.670 --> 00:01:43.703
This is more the realm of
speculation at this point. But

00:01:43.703 --> 00:01:43.837
speculation at this point. But

00:01:43.837 --> 00:01:43.903
speculation at this point. But
from

00:01:43.903 --> 00:01:43.937
speculation at this point. But
from what

00:01:43.937 --> 00:01:44.437
speculation at this point. But
from what I

00:01:44.437 --> 00:01:44.504
speculation at this point. But
from what I hear,

00:01:44.504 --> 00:01:44.604
speculation at this point. But
from what I hear, you

00:01:44.604 --> 00:01:46.206
speculation at this point. But
from what I hear, you know,

00:01:46.206 --> 00:01:46.239
speculation at this point. But
from what I hear, you know, you

00:01:46.239 --> 00:01:46.372
from what I hear, you know, you

00:01:46.372 --> 00:01:46.506
from what I hear, you know, you
could

00:01:46.506 --> 00:01:46.639
from what I hear, you know, you
could expect

00:01:46.639 --> 00:01:47.040
from what I hear, you know, you
could expect perhaps

00:01:47.040 --> 00:01:47.073
from what I hear, you know, you
could expect perhaps something

00:01:47.073 --> 00:01:47.173
could expect perhaps something

00:01:47.173 --> 00:01:47.240
could expect perhaps something
in

00:01:47.240 --> 00:01:47.273
could expect perhaps something
in the

00:01:47.273 --> 00:01:47.674
could expect perhaps something
in the 22

00:01:47.674 --> 00:01:47.707
could expect perhaps something
in the 22 to

00:01:47.707 --> 00:01:48.475
could expect perhaps something
in the 22 to 24

00:01:48.475 --> 00:01:48.508
could expect perhaps something
in the 22 to 24 range,

00:01:48.508 --> 00:01:50.243
in the 22 to 24 range,

00:01:50.243 --> 00:01:50.376
in the 22 to 24 range,
somewhere

00:01:50.376 --> 00:01:50.410
in the 22 to 24 range,
somewhere between

00:01:50.410 --> 00:01:50.477
in the 22 to 24 range,
somewhere between 20

00:01:50.477 --> 00:01:50.577
in the 22 to 24 range,
somewhere between 20 and

00:01:50.577 --> 00:01:50.643
in the 22 to 24 range,
somewhere between 20 and 30%

00:01:50.643 --> 00:01:50.677
in the 22 to 24 range,
somewhere between 20 and 30% of

00:01:50.677 --> 00:01:51.611
somewhere between 20 and 30% of

00:01:51.611 --> 00:01:52.712
somewhere between 20 and 30% of
that

00:01:52.712 --> 00:01:52.745
somewhere between 20 and 30% of
that consideration

00:01:52.745 --> 00:01:53.446
somewhere between 20 and 30% of
that consideration in

00:01:53.446 --> 00:01:53.513
somewhere between 20 and 30% of
that consideration in stock,

00:01:53.513 --> 00:01:53.546
somewhere between 20 and 30% of
that consideration in stock, in

00:01:53.546 --> 00:01:54.848
that consideration in stock, in

00:01:54.848 --> 00:01:54.948
that consideration in stock, in
Paramount

00:01:54.948 --> 00:01:55.014
that consideration in stock, in
Paramount stock.

00:01:55.014 --> 00:01:55.081
that consideration in stock, in
Paramount stock. And

00:01:55.081 --> 00:01:55.582
that consideration in stock, in
Paramount stock. And it

00:01:55.582 --> 00:01:55.615
that consideration in stock, in
Paramount stock. And it is

00:01:55.615 --> 00:01:55.782
Paramount stock. And it is

00:01:55.782 --> 00:01:55.882
Paramount stock. And it is
notable

00:01:55.882 --> 00:01:56.649
Paramount stock. And it is
notable that

00:01:56.649 --> 00:01:56.816
Paramount stock. And it is
notable that Paramount

00:01:56.816 --> 00:01:56.850
Paramount stock. And it is
notable that Paramount Skydance

00:01:56.850 --> 00:01:56.983
notable that Paramount Skydance

00:01:56.983 --> 00:01:58.017
notable that Paramount Skydance
stock

00:01:58.017 --> 00:01:58.084
notable that Paramount Skydance
stock has

00:01:58.084 --> 00:01:58.485
notable that Paramount Skydance
stock has held

00:01:58.485 --> 00:01:58.518
notable that Paramount Skydance
stock has held up

00:01:58.518 --> 00:01:58.818
stock has held up

00:01:58.818 --> 00:01:58.918
stock has held up
extraordinarily

00:01:58.918 --> 00:01:59.519
stock has held up
extraordinarily well

00:01:59.519 --> 00:01:59.552
stock has held up
extraordinarily well through

00:01:59.552 --> 00:01:59.686
extraordinarily well through

00:01:59.686 --> 00:02:00.620
extraordinarily well through
this

00:02:00.620 --> 00:02:00.687
extraordinarily well through
this period

00:02:00.687 --> 00:02:01.754
extraordinarily well through
this period that

00:02:01.754 --> 00:02:01.855
extraordinarily well through
this period that we

00:02:01.855 --> 00:02:01.955
extraordinarily well through
this period that we first,

00:02:01.955 --> 00:02:01.988
extraordinarily well through
this period that we first, when

00:02:01.988 --> 00:02:02.722
this period that we first, when

00:02:02.722 --> 00:02:02.822
this period that we first, when
we

00:02:02.822 --> 00:02:02.922
this period that we first, when
we first

00:02:02.922 --> 00:02:03.022
this period that we first, when
we first heard

00:02:03.022 --> 00:02:03.857
this period that we first, when
we first heard about

00:02:03.857 --> 00:02:03.890
this period that we first, when
we first heard about the

00:02:03.890 --> 00:02:04.124
we first heard about the

00:02:04.124 --> 00:02:04.190
we first heard about the
possibility

00:02:04.190 --> 00:02:04.224
we first heard about the
possibility of

00:02:04.224 --> 00:02:04.591
we first heard about the
possibility of an

00:02:04.591 --> 00:02:04.657
we first heard about the
possibility of an offer,

00:02:04.657 --> 00:02:05.658
we first heard about the
possibility of an offer, it

00:02:05.658 --> 00:02:05.692
we first heard about the
possibility of an offer, it is

00:02:05.692 --> 00:02:05.892
possibility of an offer, it is

00:02:05.892 --> 00:02:05.992
possibility of an offer, it is
performed

00:02:05.992 --> 00:02:06.459
possibility of an offer, it is
performed very

00:02:06.459 --> 00:02:06.526
possibility of an offer, it is
performed very well.

00:02:06.526 --> 00:02:06.593
possibility of an offer, it is
performed very well. And

00:02:06.593 --> 00:02:06.626
possibility of an offer, it is
performed very well. And in

00:02:06.626 --> 00:02:07.560
performed very well. And in

00:02:07.560 --> 00:02:07.660
performed very well. And in
fact,

00:02:07.660 --> 00:02:07.760
performed very well. And in
fact, some

00:02:07.760 --> 00:02:07.861
performed very well. And in
fact, some would

00:02:07.861 --> 00:02:08.628
performed very well. And in
fact, some would argue,

00:02:08.628 --> 00:02:08.661
performed very well. And in
fact, some would argue, well,

00:02:08.661 --> 00:02:08.761
fact, some would argue, well,

00:02:08.761 --> 00:02:08.895
fact, some would argue, well,
now

00:02:08.895 --> 00:02:08.995
fact, some would argue, well,
now they're

00:02:08.995 --> 00:02:09.629
fact, some would argue, well,
now they're kind

00:02:09.629 --> 00:02:09.762
fact, some would argue, well,
now they're kind of

00:02:09.762 --> 00:02:09.796
fact, some would argue, well,
now they're kind of linked

00:02:09.796 --> 00:02:09.963
now they're kind of linked

00:02:09.963 --> 00:02:10.029
now they're kind of linked
almost.

00:02:10.029 --> 00:02:11.030
now they're kind of linked
almost. Now

00:02:11.030 --> 00:02:11.064
now they're kind of linked
almost. Now there's

00:02:11.064 --> 00:02:11.164
now they're kind of linked
almost. Now there's a

00:02:11.164 --> 00:02:11.197
now they're kind of linked
almost. Now there's a very

00:02:11.197 --> 00:02:11.331
almost. Now there's a very

00:02:11.331 --> 00:02:12.098
almost. Now there's a very
small

00:02:12.098 --> 00:02:12.265
almost. Now there's a very
small floated

00:02:12.265 --> 00:02:12.298
almost. Now there's a very
small floated Paramount

00:02:12.298 --> 00:02:12.899
small floated Paramount

00:02:12.899 --> 00:02:13.066
small floated Paramount
Skydance.

00:02:13.066 --> 00:02:13.133
small floated Paramount
Skydance. Remember,

00:02:13.133 --> 00:02:13.633
small floated Paramount
Skydance. Remember, 70%

00:02:13.633 --> 00:02:13.700
small floated Paramount
Skydance. Remember, 70% of

00:02:13.700 --> 00:02:13.733
small floated Paramount
Skydance. Remember, 70% of it

00:02:13.733 --> 00:02:13.833
Skydance. Remember, 70% of it

00:02:13.833 --> 00:02:14.734
Skydance. Remember, 70% of it
is

00:02:14.734 --> 00:02:14.801
Skydance. Remember, 70% of it
is owned

00:02:14.801 --> 00:02:14.968
Skydance. Remember, 70% of it
is owned and

00:02:14.968 --> 00:02:15.735
Skydance. Remember, 70% of it
is owned and controlled

00:02:15.735 --> 00:02:15.768
Skydance. Remember, 70% of it
is owned and controlled by

00:02:15.768 --> 00:02:15.902
is owned and controlled by

00:02:15.902 --> 00:02:16.769
is owned and controlled by
Larry

00:02:16.769 --> 00:02:17.537
is owned and controlled by
Larry Ellison.

00:02:17.537 --> 00:02:17.604
is owned and controlled by
Larry Ellison. Redbird,

00:02:17.604 --> 00:02:17.637
is owned and controlled by
Larry Ellison. Redbird, his

00:02:17.637 --> 00:02:18.638
Larry Ellison. Redbird, his

00:02:18.638 --> 00:02:18.738
Larry Ellison. Redbird, his
private

00:02:18.738 --> 00:02:19.706
Larry Ellison. Redbird, his
private equity

00:02:19.706 --> 00:02:19.806
Larry Ellison. Redbird, his
private equity partner,

00:02:19.806 --> 00:02:19.839
Larry Ellison. Redbird, his
private equity partner, David

00:02:19.839 --> 00:02:20.039
private equity partner, David

00:02:20.039 --> 00:02:20.440
private equity partner, David
Ellison.

00:02:20.440 --> 00:02:20.540
private equity partner, David
Ellison. You

00:02:20.540 --> 00:02:21.508
private equity partner, David
Ellison. You know,

00:02:21.508 --> 00:02:21.541
private equity partner, David
Ellison. You know, those

00:02:21.541 --> 00:02:22.575
Ellison. You know, those

00:02:22.575 --> 00:02:22.742
Ellison. You know, those
entities

00:02:22.742 --> 00:02:22.842
Ellison. You know, those
entities associated

00:02:22.842 --> 00:02:24.077
Ellison. You know, those
entities associated with

00:02:24.077 --> 00:02:24.110
Ellison. You know, those
entities associated with the

00:02:24.110 --> 00:02:24.277
entities associated with the

00:02:24.277 --> 00:02:24.410
entities associated with the
Ellison

00:02:24.410 --> 00:02:24.511
entities associated with the
Ellison family.

00:02:24.511 --> 00:02:24.544
entities associated with the
Ellison family. But

00:02:24.544 --> 00:02:24.611
entities associated with the
Ellison family. But it

00:02:24.611 --> 00:02:25.512
entities associated with the
Ellison family. But it has

00:02:25.512 --> 00:02:25.545
entities associated with the
Ellison family. But it has held

00:02:25.545 --> 00:02:25.645
Ellison family. But it has held

00:02:25.645 --> 00:02:25.745
Ellison family. But it has held
up

00:02:25.745 --> 00:02:26.513
Ellison family. But it has held
up well.

00:02:26.513 --> 00:02:26.613
Ellison family. But it has held
up well. And

00:02:26.613 --> 00:02:26.679
Ellison family. But it has held
up well. And under

00:02:26.679 --> 00:02:26.779
Ellison family. But it has held
up well. And under any

00:02:26.779 --> 00:02:26.813
Ellison family. But it has held
up well. And under any deal

00:02:26.813 --> 00:02:28.348
up well. And under any deal

00:02:28.348 --> 00:02:28.448
up well. And under any deal
scenario,

00:02:28.448 --> 00:02:28.515
up well. And under any deal
scenario, let's

00:02:28.515 --> 00:02:28.681
up well. And under any deal
scenario, let's say

00:02:28.681 --> 00:02:28.748
up well. And under any deal
scenario, let's say it

00:02:28.748 --> 00:02:28.815
up well. And under any deal
scenario, let's say it was

00:02:28.815 --> 00:02:28.848
up well. And under any deal
scenario, let's say it was 70%

00:02:28.848 --> 00:02:29.782
scenario, let's say it was 70%

00:02:29.782 --> 00:02:29.883
scenario, let's say it was 70%
cash,

00:02:29.883 --> 00:02:29.983
scenario, let's say it was 70%
cash, maybe

00:02:29.983 --> 00:02:30.517
scenario, let's say it was 70%
cash, maybe even

00:02:30.517 --> 00:02:31.985
scenario, let's say it was 70%
cash, maybe even 80%

00:02:31.985 --> 00:02:32.051
scenario, let's say it was 70%
cash, maybe even 80% cash,

00:02:32.051 --> 00:02:32.085
scenario, let's say it was 70%
cash, maybe even 80% cash, it

00:02:32.085 --> 00:02:32.218
cash, maybe even 80% cash, it

00:02:32.218 --> 00:02:32.285
cash, maybe even 80% cash, it
would

00:02:32.285 --> 00:02:32.652
cash, maybe even 80% cash, it
would be

00:02:32.652 --> 00:02:32.785
cash, maybe even 80% cash, it
would be Larry

00:02:32.785 --> 00:02:32.819
cash, maybe even 80% cash, it
would be Larry Ellison

00:02:32.819 --> 00:02:32.886
cash, maybe even 80% cash, it
would be Larry Ellison is

00:02:32.886 --> 00:02:32.919
cash, maybe even 80% cash, it
would be Larry Ellison is my

00:02:32.919 --> 00:02:33.453
would be Larry Ellison is my

00:02:33.453 --> 00:02:33.620
would be Larry Ellison is my
understanding,

00:02:33.620 --> 00:02:33.720
would be Larry Ellison is my
understanding, providing

00:02:33.720 --> 00:02:33.753
would be Larry Ellison is my
understanding, providing much

00:02:33.753 --> 00:02:34.420
understanding, providing much

00:02:34.420 --> 00:02:34.487
understanding, providing much
of

00:02:34.487 --> 00:02:34.587
understanding, providing much
of that

00:02:34.587 --> 00:02:34.621
understanding, providing much
of that cash

00:02:34.621 --> 00:02:35.522
understanding, providing much
of that cash in

00:02:35.522 --> 00:02:35.588
understanding, providing much
of that cash in the

00:02:35.588 --> 00:02:35.655
understanding, providing much
of that cash in the form

00:02:35.655 --> 00:02:35.688
understanding, providing much
of that cash in the form of

00:02:35.688 --> 00:02:35.722
understanding, providing much
of that cash in the form of a

00:02:35.722 --> 00:02:36.689
of that cash in the form of a

00:02:36.689 --> 00:02:36.723
of that cash in the form of a
payment

00:02:36.723 --> 00:02:36.890
of that cash in the form of a
payment to

00:02:36.890 --> 00:02:36.956
of that cash in the form of a
payment to Paramount

00:02:36.956 --> 00:02:38.057
of that cash in the form of a
payment to Paramount for

00:02:38.057 --> 00:02:38.091
of that cash in the form of a
payment to Paramount for which

00:02:38.091 --> 00:02:38.191
payment to Paramount for which

00:02:38.191 --> 00:02:38.291
payment to Paramount for which
he

00:02:38.291 --> 00:02:38.358
payment to Paramount for which
he would

00:02:38.358 --> 00:02:38.825
payment to Paramount for which
he would get

00:02:38.825 --> 00:02:38.892
payment to Paramount for which
he would get stock.

00:02:38.892 --> 00:02:38.992
payment to Paramount for which
he would get stock. So

00:02:38.992 --> 00:02:39.025
payment to Paramount for which
he would get stock. So that

00:02:39.025 --> 00:02:39.159
he would get stock. So that

00:02:39.159 --> 00:02:39.792
he would get stock. So that
would

00:02:39.792 --> 00:02:39.993
he would get stock. So that
would be

00:02:39.993 --> 00:02:40.560
he would get stock. So that
would be potentially

00:02:40.560 --> 00:02:40.593
he would get stock. So that
would be potentially dilutive.

00:02:40.593 --> 00:02:40.693
would be potentially dilutive.

00:02:40.693 --> 00:02:40.827
would be potentially dilutive.
Of

00:02:40.827 --> 00:02:40.894
would be potentially dilutive.
Of course,

00:02:40.894 --> 00:02:41.761
would be potentially dilutive.
Of course, his

00:02:41.761 --> 00:02:41.861
would be potentially dilutive.
Of course, his net

00:02:41.861 --> 00:02:41.928
would be potentially dilutive.
Of course, his net worth,

00:02:41.928 --> 00:02:41.995
would be potentially dilutive.
Of course, his net worth, as

00:02:41.995 --> 00:02:42.028
would be potentially dilutive.
Of course, his net worth, as we

00:02:42.028 --> 00:02:42.462
Of course, his net worth, as we

00:02:42.462 --> 00:02:42.529
Of course, his net worth, as we
pointed

00:02:42.529 --> 00:02:42.595
Of course, his net worth, as we
pointed out

00:02:42.595 --> 00:02:43.530
Of course, his net worth, as we
pointed out many

00:02:43.530 --> 00:02:43.630
Of course, his net worth, as we
pointed out many times,

00:02:43.630 --> 00:02:43.663
Of course, his net worth, as we
pointed out many times, just

00:02:43.663 --> 00:02:43.796
pointed out many times, just

00:02:43.796 --> 00:02:43.863
pointed out many times, just
what

00:02:43.863 --> 00:02:44.664
pointed out many times, just
what was

00:02:44.664 --> 00:02:44.731
pointed out many times, just
what was it

00:02:44.731 --> 00:02:44.831
pointed out many times, just
what was it last

00:02:44.831 --> 00:02:45.598
pointed out many times, just
what was it last week,

00:02:45.598 --> 00:02:45.665
pointed out many times, just
what was it last week, went

00:02:45.665 --> 00:02:45.698
pointed out many times, just
what was it last week, went up

00:02:45.698 --> 00:02:45.765
what was it last week, went up

00:02:45.765 --> 00:02:45.932
what was it last week, went up
a

00:02:45.932 --> 00:02:46.432
what was it last week, went up
a multiple

00:02:46.432 --> 00:02:46.499
what was it last week, went up
a multiple of

00:02:46.499 --> 00:02:46.599
what was it last week, went up
a multiple of what

00:02:46.599 --> 00:02:46.699
what was it last week, went up
a multiple of what they

00:02:46.699 --> 00:02:46.733
what was it last week, went up
a multiple of what they could

00:02:46.733 --> 00:02:47.433
a multiple of what they could

00:02:47.433 --> 00:02:48.535
a multiple of what they could
pay

00:02:48.535 --> 00:02:48.601
a multiple of what they could
pay for

00:02:48.601 --> 00:02:48.635
a multiple of what they could
pay for all

00:02:48.635 --> 00:02:48.701
a multiple of what they could
pay for all of

00:02:48.701 --> 00:02:49.502
a multiple of what they could
pay for all of in

00:02:49.502 --> 00:02:49.569
a multiple of what they could
pay for all of in one

00:02:49.569 --> 00:02:49.636
a multiple of what they could
pay for all of in one day

00:02:49.636 --> 00:02:49.669
a multiple of what they could
pay for all of in one day for

00:02:49.669 --> 00:02:50.470
pay for all of in one day for

00:02:50.470 --> 00:02:51.504
pay for all of in one day for
all

00:02:51.504 --> 00:02:51.604
pay for all of in one day for
all of

00:02:51.604 --> 00:02:51.771
pay for all of in one day for
all of Warner

00:02:51.771 --> 00:02:51.804
pay for all of in one day for
all of Warner Brothers

00:02:51.804 --> 00:02:53.640
all of Warner Brothers

00:02:53.640 --> 00:02:53.673
all of Warner Brothers
discovery.

00:02:53.673 --> 00:02:53.773
discovery.

00:02:53.773 --> 00:02:53.907
discovery.
>>

00:02:53.907 --> 00:02:53.940
discovery.
>> Because

00:02:53.940 --> 00:02:54.674
discovery.
>> Because on

00:02:54.674 --> 00:02:54.774
discovery.
>> Because on the

00:02:54.774 --> 00:02:54.874
discovery.
>> Because on the call.

00:02:54.874 --> 00:02:54.908
discovery.
>> Because on the call. Yeah.

00:02:54.908 --> 00:02:55.041
>> Because on the call. Yeah.

00:02:55.041 --> 00:02:55.675
>> Because on the call. Yeah.
He's

00:02:55.675 --> 00:02:55.842
>> Because on the call. Yeah.
He's so

00:02:55.842 --> 00:02:55.909
>> Because on the call. Yeah.
He's so expansive,

00:02:55.909 --> 00:02:56.042
>> Because on the call. Yeah.
He's so expansive, so

00:02:56.042 --> 00:02:56.476
>> Because on the call. Yeah.
He's so expansive, so upbeat.

00:02:56.476 --> 00:02:56.509
>> Because on the call. Yeah.
He's so expansive, so upbeat. I

00:02:56.509 --> 00:02:56.643
He's so expansive, so upbeat. I

00:02:56.643 --> 00:02:56.709
He's so expansive, so upbeat. I
love

00:02:56.709 --> 00:02:56.776
He's so expansive, so upbeat. I
love it,

00:02:56.776 --> 00:02:57.577
He's so expansive, so upbeat. I
love it, it's

00:02:57.577 --> 00:02:57.677
He's so expansive, so upbeat. I
love it, it's constructive.

00:02:57.677 --> 00:02:57.710
He's so expansive, so upbeat. I
love it, it's constructive. But

00:02:57.710 --> 00:02:58.645
love it, it's constructive. But

00:02:58.645 --> 00:02:58.678
love it, it's constructive. But
David,

00:02:58.678 --> 00:02:58.778
love it, it's constructive. But
David, is

00:02:58.778 --> 00:02:58.945
love it, it's constructive. But
David, is this

00:02:58.945 --> 00:02:59.746
love it, it's constructive. But
David, is this possible?

00:02:59.746 --> 00:02:59.779
love it, it's constructive. But
David, is this possible? I'm

00:02:59.779 --> 00:02:59.913
David, is this possible? I'm

00:02:59.913 --> 00:02:59.979
David, is this possible? I'm
going

00:02:59.979 --> 00:03:00.079
David, is this possible? I'm
going to

00:03:00.079 --> 00:03:00.413
David, is this possible? I'm
going to throw

00:03:00.413 --> 00:03:00.480
David, is this possible? I'm
going to throw a

00:03:00.480 --> 00:03:00.547
David, is this possible? I'm
going to throw a bomb

00:03:00.547 --> 00:03:00.647
David, is this possible? I'm
going to throw a bomb at

00:03:00.647 --> 00:03:00.680
David, is this possible? I'm
going to throw a bomb at you.

00:03:00.680 --> 00:03:01.481
going to throw a bomb at you.

00:03:01.481 --> 00:03:01.548
going to throw a bomb at you.
>>

00:03:01.548 --> 00:03:01.614
going to throw a bomb at you.
>> Let

00:03:01.614 --> 00:03:01.648
going to throw a bomb at you.
>> Let me.

00:03:01.648 --> 00:03:01.748
>> Let me.

00:03:01.748 --> 00:03:02.649
>> Let me.
>>

00:03:02.649 --> 00:03:02.715
>> Let me.
>> Hear

00:03:02.715 --> 00:03:02.749
>> Let me.
>> Hear it.

00:03:02.749 --> 00:03:02.815
>> Let me.
>> Hear it. We

00:03:02.815 --> 00:03:03.883
>> Let me.
>> Hear it. We all

00:03:03.883 --> 00:03:04.017
>> Let me.
>> Hear it. We all keep

00:03:04.017 --> 00:03:04.050
>> Let me.
>> Hear it. We all keep saying,

00:03:04.050 --> 00:03:04.184
>> Hear it. We all keep saying,

00:03:04.184 --> 00:03:04.684
>> Hear it. We all keep saying,
well,

00:03:04.684 --> 00:03:04.784
>> Hear it. We all keep saying,
well, Disney

00:03:04.784 --> 00:03:04.817
>> Hear it. We all keep saying,
well, Disney can't

00:03:04.817 --> 00:03:04.984
>> Hear it. We all keep saying,
well, Disney can't be

00:03:04.984 --> 00:03:05.018
>> Hear it. We all keep saying,
well, Disney can't be Netflix

00:03:05.018 --> 00:03:05.385
well, Disney can't be Netflix

00:03:05.385 --> 00:03:05.485
well, Disney can't be Netflix
Comcast

00:03:05.485 --> 00:03:05.518
well, Disney can't be Netflix
Comcast can't

00:03:05.518 --> 00:03:05.685
well, Disney can't be Netflix
Comcast can't be

00:03:05.685 --> 00:03:05.718
well, Disney can't be Netflix
Comcast can't be Netflix

00:03:05.718 --> 00:03:06.619
Comcast can't be Netflix

00:03:06.619 --> 00:03:06.686
Comcast can't be Netflix
because

00:03:06.686 --> 00:03:06.786
Comcast can't be Netflix
because they

00:03:06.786 --> 00:03:06.853
Comcast can't be Netflix
because they have

00:03:06.853 --> 00:03:07.554
Comcast can't be Netflix
because they have too

00:03:07.554 --> 00:03:07.587
Comcast can't be Netflix
because they have too much

00:03:07.587 --> 00:03:07.754
because they have too much

00:03:07.754 --> 00:03:09.255
because they have too much
baggage

00:03:09.255 --> 00:03:09.422
because they have too much
baggage and

00:03:09.422 --> 00:03:09.522
because they have too much
baggage and carriage.

00:03:09.522 --> 00:03:09.556
because they have too much
baggage and carriage. Could

00:03:09.556 --> 00:03:09.689
baggage and carriage. Could

00:03:09.689 --> 00:03:09.722
baggage and carriage. Could
this

00:03:09.722 --> 00:03:10.623
baggage and carriage. Could
this be

00:03:10.623 --> 00:03:10.723
baggage and carriage. Could
this be any

00:03:10.723 --> 00:03:10.823
baggage and carriage. Could
this be any chance

00:03:10.823 --> 00:03:11.558
baggage and carriage. Could
this be any chance that

00:03:11.558 --> 00:03:11.591
baggage and carriage. Could
this be any chance that they'd

00:03:11.591 --> 00:03:11.691
this be any chance that they'd

00:03:11.691 --> 00:03:11.824
this be any chance that they'd
be

00:03:11.824 --> 00:03:13.259
this be any chance that they'd
be modeling

00:03:13.259 --> 00:03:13.326
this be any chance that they'd
be modeling this

00:03:13.326 --> 00:03:13.359
this be any chance that they'd
be modeling this off

00:03:13.359 --> 00:03:13.693
this be any chance that they'd
be modeling this off of

00:03:13.693 --> 00:03:13.726
this be any chance that they'd
be modeling this off of Netflix?

00:03:13.726 --> 00:03:13.826
be modeling this off of Netflix?

00:03:13.826 --> 00:03:14.460
be modeling this off of Netflix?
>>

00:03:14.460 --> 00:03:14.494
be modeling this off of Netflix?
>> Well,

00:03:14.494 --> 00:03:14.594
be modeling this off of Netflix?
>> Well, I

00:03:14.594 --> 00:03:15.562
be modeling this off of Netflix?
>> Well, I think

00:03:15.562 --> 00:03:15.662
be modeling this off of Netflix?
>> Well, I think that

00:03:15.662 --> 00:03:15.728
be modeling this off of Netflix?
>> Well, I think that would

00:03:15.728 --> 00:03:15.762
be modeling this off of Netflix?
>> Well, I think that would be

00:03:15.762 --> 00:03:15.862
>> Well, I think that would be

00:03:15.862 --> 00:03:16.596
>> Well, I think that would be
the

00:03:16.596 --> 00:03:16.663
>> Well, I think that would be
the the

00:03:16.663 --> 00:03:16.729
>> Well, I think that would be
the the hope

00:03:16.729 --> 00:03:16.796
>> Well, I think that would be
the the hope in

00:03:16.796 --> 00:03:17.664
>> Well, I think that would be
the the hope in the

00:03:17.664 --> 00:03:17.764
>> Well, I think that would be
the the hope in the sense

00:03:17.764 --> 00:03:17.797
>> Well, I think that would be
the the hope in the sense that

00:03:17.797 --> 00:03:17.897
the the hope in the sense that

00:03:17.897 --> 00:03:17.997
the the hope in the sense that
you

00:03:17.997 --> 00:03:18.698
the the hope in the sense that
you would

00:03:18.698 --> 00:03:18.731
the the hope in the sense that
you would have

00:03:18.731 --> 00:03:18.831
the the hope in the sense that
you would have a

00:03:18.831 --> 00:03:18.965
the the hope in the sense that
you would have a movie

00:03:18.965 --> 00:03:18.998
the the hope in the sense that
you would have a movie studio

00:03:18.998 --> 00:03:19.432
you would have a movie studio

00:03:19.432 --> 00:03:19.532
you would have a movie studio
that

00:03:19.532 --> 00:03:20.567
you would have a movie studio
that might

00:03:20.567 --> 00:03:20.600
you would have a movie studio
that might produce

00:03:20.600 --> 00:03:20.700
you would have a movie studio
that might produce as

00:03:20.700 --> 00:03:21.601
you would have a movie studio
that might produce as many

00:03:21.601 --> 00:03:21.634
you would have a movie studio
that might produce as many as

00:03:21.634 --> 00:03:21.734
that might produce as many as

00:03:21.734 --> 00:03:21.834
that might produce as many as
30

00:03:21.834 --> 00:03:21.868
that might produce as many as
30 movies

00:03:21.868 --> 00:03:22.402
that might produce as many as
30 movies a

00:03:22.402 --> 00:03:22.468
that might produce as many as
30 movies a year.

00:03:22.468 --> 00:03:22.602
that might produce as many as
30 movies a year. You

00:03:22.602 --> 00:03:22.635
that might produce as many as
30 movies a year. You would

00:03:22.635 --> 00:03:23.469
30 movies a year. You would

00:03:23.469 --> 00:03:23.536
30 movies a year. You would
have

00:03:23.536 --> 00:03:23.636
30 movies a year. You would
have what

00:03:23.636 --> 00:03:23.736
30 movies a year. You would
have what they

00:03:23.736 --> 00:03:24.938
30 movies a year. You would
have what they would

00:03:24.938 --> 00:03:24.971
30 movies a year. You would
have what they would argue

00:03:24.971 --> 00:03:25.104
have what they would argue

00:03:25.104 --> 00:03:25.171
have what they would argue
would

00:03:25.171 --> 00:03:25.238
have what they would argue
would be

00:03:25.238 --> 00:03:25.972
have what they would argue
would be the

00:03:25.972 --> 00:03:26.039
have what they would argue
would be the number

00:03:26.039 --> 00:03:26.072
have what they would argue
would be the number two

00:03:26.072 --> 00:03:26.272
would be the number two

00:03:26.272 --> 00:03:26.372
would be the number two
streamer

00:03:26.372 --> 00:03:26.773
would be the number two
streamer after

00:03:26.773 --> 00:03:26.906
would be the number two
streamer after Netflix.

00:03:26.906 --> 00:03:26.940
would be the number two
streamer after Netflix. Right.

00:03:26.940 --> 00:03:27.106
streamer after Netflix. Right.

00:03:27.106 --> 00:03:27.740
streamer after Netflix. Right.
Jumping

00:03:27.740 --> 00:03:27.874
streamer after Netflix. Right.
Jumping ahead,

00:03:27.874 --> 00:03:27.941
streamer after Netflix. Right.
Jumping ahead, perhaps

00:03:27.941 --> 00:03:27.974
streamer after Netflix. Right.
Jumping ahead, perhaps of

00:03:27.974 --> 00:03:28.508
Jumping ahead, perhaps of

00:03:28.508 --> 00:03:28.541
Jumping ahead, perhaps of
Disney

00:03:28.541 --> 00:03:28.641
Jumping ahead, perhaps of
Disney at

00:03:28.641 --> 00:03:30.143
Jumping ahead, perhaps of
Disney at least

00:03:30.143 --> 00:03:30.243
Jumping ahead, perhaps of
Disney at least that,

00:03:30.243 --> 00:03:30.276
Jumping ahead, perhaps of
Disney at least that, again

00:03:30.276 --> 00:03:30.410
Disney at least that, again

00:03:30.410 --> 00:03:30.476
Disney at least that, again
would

00:03:30.476 --> 00:03:30.677
Disney at least that, again
would be

00:03:30.677 --> 00:03:30.777
Disney at least that, again
would be their

00:03:30.777 --> 00:03:30.843
Disney at least that, again
would be their hope.

00:03:30.843 --> 00:03:30.944
Disney at least that, again
would be their hope. When

00:03:30.944 --> 00:03:30.977
Disney at least that, again
would be their hope. When you

00:03:30.977 --> 00:03:31.744
would be their hope. When you

00:03:31.744 --> 00:03:31.811
would be their hope. When you
combine

00:03:31.811 --> 00:03:31.878
would be their hope. When you
combine HBO

00:03:31.878 --> 00:03:33.046
would be their hope. When you
combine HBO Max

00:03:33.046 --> 00:03:33.213
would be their hope. When you
combine HBO Max and

00:03:33.213 --> 00:03:33.246
would be their hope. When you
combine HBO Max and Paramount

00:03:33.246 --> 00:03:33.513
combine HBO Max and Paramount

00:03:33.513 --> 00:03:33.580
combine HBO Max and Paramount
Plus.

00:03:33.580 --> 00:03:33.613
combine HBO Max and Paramount
Plus. And

00:03:33.613 --> 00:03:34.948
combine HBO Max and Paramount
Plus. And of

00:03:34.948 --> 00:03:35.081
combine HBO Max and Paramount
Plus. And of course,

00:03:35.081 --> 00:03:35.114
combine HBO Max and Paramount
Plus. And of course, people.

00:03:35.114 --> 00:03:35.248
Plus. And of course, people.

00:03:35.248 --> 00:03:35.648
Plus. And of course, people.
Also

00:03:35.648 --> 00:03:35.715
Plus. And of course, people.
Also they

00:03:35.715 --> 00:03:36.783
Plus. And of course, people.
Also they ask

00:03:36.783 --> 00:03:36.849
Plus. And of course, people.
Also they ask me,

00:03:36.849 --> 00:03:37.450
Plus. And of course, people.
Also they ask me, know

00:03:37.450 --> 00:03:37.483
Plus. And of course, people.
Also they ask me, know what

00:03:37.483 --> 00:03:37.617
Also they ask me, know what

00:03:37.617 --> 00:03:37.750
Also they ask me, know what
would

00:03:37.750 --> 00:03:38.651
Also they ask me, know what
would happen

00:03:38.651 --> 00:03:38.718
Also they ask me, know what
would happen to

00:03:38.718 --> 00:03:38.818
Also they ask me, know what
would happen to the

00:03:38.818 --> 00:03:38.851
Also they ask me, know what
would happen to the cable

00:03:38.851 --> 00:03:39.619
would happen to the cable

00:03:39.619 --> 00:03:39.719
would happen to the cable
networks?

00:03:39.719 --> 00:03:39.819
would happen to the cable
networks? What

00:03:39.819 --> 00:03:40.653
would happen to the cable
networks? What about

00:03:40.653 --> 00:03:40.753
would happen to the cable
networks? What about that

00:03:40.753 --> 00:03:40.787
would happen to the cable
networks? What about that part,

00:03:40.787 --> 00:03:40.887
networks? What about that part,

00:03:40.887 --> 00:03:41.387
networks? What about that part,
the

00:03:41.387 --> 00:03:41.454
networks? What about that part,
the bad

00:03:41.454 --> 00:03:41.521
networks? What about that part,
the bad part

00:03:41.521 --> 00:03:41.588
networks? What about that part,
the bad part of

00:03:41.588 --> 00:03:42.488
networks? What about that part,
the bad part of the

00:03:42.488 --> 00:03:42.555
networks? What about that part,
the bad part of the company,

00:03:42.555 --> 00:03:42.589
networks? What about that part,
the bad part of the company, so

00:03:42.589 --> 00:03:42.689
the bad part of the company, so

00:03:42.689 --> 00:03:43.656
the bad part of the company, so
to

00:03:43.656 --> 00:03:43.723
the bad part of the company, so
to speak?

00:03:43.723 --> 00:03:43.756
the bad part of the company, so
to speak? And

00:03:43.756 --> 00:03:44.023
the bad part of the company, so
to speak? And my

00:03:44.023 --> 00:03:44.057
the bad part of the company, so
to speak? And my understanding

00:03:44.057 --> 00:03:44.624
to speak? And my understanding

00:03:44.624 --> 00:03:44.691
to speak? And my understanding
is,

00:03:44.691 --> 00:03:44.724
to speak? And my understanding
is, as

00:03:44.724 --> 00:03:44.791
to speak? And my understanding
is, as is

00:03:44.791 --> 00:03:45.458
to speak? And my understanding
is, as is the

00:03:45.458 --> 00:03:45.525
to speak? And my understanding
is, as is the plan

00:03:45.525 --> 00:03:45.558
to speak? And my understanding
is, as is the plan now

00:03:45.558 --> 00:03:46.459
to speak? And my understanding
is, as is the plan now to

00:03:46.459 --> 00:03:46.492
to speak? And my understanding
is, as is the plan now to split

00:03:46.492 --> 00:03:46.659
is, as is the plan now to split

00:03:46.659 --> 00:03:46.793
is, as is the plan now to split
Warner

00:03:46.793 --> 00:03:47.594
is, as is the plan now to split
Warner Brothers

00:03:47.594 --> 00:03:47.660
is, as is the plan now to split
Warner Brothers discovery.

00:03:47.660 --> 00:03:47.694
is, as is the plan now to split
Warner Brothers discovery. At

00:03:47.694 --> 00:03:47.827
Warner Brothers discovery. At

00:03:47.827 --> 00:03:47.927
Warner Brothers discovery. At
some

00:03:47.927 --> 00:03:48.628
Warner Brothers discovery. At
some point

00:03:48.628 --> 00:03:48.728
Warner Brothers discovery. At
some point you

00:03:48.728 --> 00:03:48.795
Warner Brothers discovery. At
some point you could

00:03:48.795 --> 00:03:48.828
Warner Brothers discovery. At
some point you could see

00:03:48.828 --> 00:03:48.861
Warner Brothers discovery. At
some point you could see a

00:03:48.861 --> 00:03:49.729
some point you could see a

00:03:49.729 --> 00:03:49.796
some point you could see a
split

00:03:49.796 --> 00:03:49.896
some point you could see a
split off.

00:03:49.896 --> 00:03:49.963
some point you could see a
split off. Right

00:03:49.963 --> 00:03:50.463
some point you could see a
split off. Right now

00:03:50.463 --> 00:03:50.563
some point you could see a
split off. Right now you

00:03:50.563 --> 00:03:50.597
some point you could see a
split off. Right now you also

00:03:50.597 --> 00:03:50.730
split off. Right now you also

00:03:50.730 --> 00:03:50.830
split off. Right now you also
would

00:03:50.830 --> 00:03:51.497
split off. Right now you also
would bring

00:03:51.497 --> 00:03:51.564
split off. Right now you also
would bring together,

00:03:51.564 --> 00:03:51.598
split off. Right now you also
would bring together, to

00:03:51.598 --> 00:03:51.631
split off. Right now you also
would bring together, to a

00:03:51.631 --> 00:03:51.798
would bring together, to a

00:03:51.798 --> 00:03:52.732
would bring together, to a
certain

00:03:52.732 --> 00:03:52.799
would bring together, to a
certain extent,

00:03:52.799 --> 00:03:52.865
would bring together, to a
certain extent, CBS

00:03:52.865 --> 00:03:53.766
would bring together, to a
certain extent, CBS and

00:03:53.766 --> 00:03:53.800
would bring together, to a
certain extent, CBS and CNN.

00:03:53.800 --> 00:03:53.900
certain extent, CBS and CNN.

00:03:53.900 --> 00:03:54.033
certain extent, CBS and CNN.
You

00:03:54.033 --> 00:03:54.500
certain extent, CBS and CNN.
You create

00:03:54.500 --> 00:03:54.567
certain extent, CBS and CNN.
You create a

00:03:54.567 --> 00:03:54.601
certain extent, CBS and CNN.
You create a lot

00:03:54.601 --> 00:03:55.535
certain extent, CBS and CNN.
You create a lot of

00:03:55.535 --> 00:03:55.568
certain extent, CBS and CNN.
You create a lot of cost

00:03:55.568 --> 00:03:55.735
You create a lot of cost

00:03:55.735 --> 00:03:55.868
You create a lot of cost
savings

00:03:55.868 --> 00:03:55.935
You create a lot of cost
savings there,

00:03:55.935 --> 00:03:56.502
You create a lot of cost
savings there, and

00:03:56.502 --> 00:03:56.569
You create a lot of cost
savings there, and bringing

00:03:56.569 --> 00:03:56.603
You create a lot of cost
savings there, and bringing the

00:03:56.603 --> 00:03:58.004
savings there, and bringing the

00:03:58.004 --> 00:03:58.238
savings there, and bringing the
news

00:03:58.238 --> 00:03:58.738
savings there, and bringing the
news organizations

00:03:58.738 --> 00:03:58.771
savings there, and bringing the
news organizations together.

00:03:58.771 --> 00:03:58.905
news organizations together.

00:03:58.905 --> 00:03:59.072
news organizations together.
That

00:03:59.072 --> 00:03:59.739
news organizations together.
That obviously

00:03:59.739 --> 00:03:59.806
news organizations together.
That obviously also

00:03:59.806 --> 00:03:59.906
news organizations together.
That obviously also has

00:03:59.906 --> 00:03:59.939
news organizations together.
That obviously also has other

00:03:59.939 --> 00:04:00.506
That obviously also has other

00:04:00.506 --> 00:04:00.573
That obviously also has other
implications,

00:04:00.573 --> 00:04:00.673
That obviously also has other
implications, the

00:04:00.673 --> 00:04:01.574
That obviously also has other
implications, the likes

00:04:01.574 --> 00:04:01.608
That obviously also has other
implications, the likes of

00:04:01.608 --> 00:04:01.741
implications, the likes of

00:04:01.741 --> 00:04:01.841
implications, the likes of
which

00:04:01.841 --> 00:04:02.008
implications, the likes of
which we've

00:04:02.008 --> 00:04:03.309
implications, the likes of
which we've discussed

00:04:03.309 --> 00:04:03.343
implications, the likes of
which we've discussed earlier

00:04:03.343 --> 00:04:03.443
which we've discussed earlier

00:04:03.443 --> 00:04:03.509
which we've discussed earlier
in

00:04:03.509 --> 00:04:03.610
which we've discussed earlier
in the

00:04:03.610 --> 00:04:04.811
which we've discussed earlier
in the show.

00:04:04.811 --> 00:04:04.911
which we've discussed earlier
in the show. And

00:04:04.911 --> 00:04:05.979
which we've discussed earlier
in the show. And Larry

00:04:05.979 --> 00:04:06.012
which we've discussed earlier
in the show. And Larry Ellison,

00:04:06.012 --> 00:04:06.212
in the show. And Larry Ellison,

00:04:06.212 --> 00:04:06.312
in the show. And Larry Ellison,
obviously

00:04:06.312 --> 00:04:06.379
in the show. And Larry Ellison,
obviously close

00:04:06.379 --> 00:04:06.946
in the show. And Larry Ellison,
obviously close to

00:04:06.946 --> 00:04:06.980
in the show. And Larry Ellison,
obviously close to the

00:04:06.980 --> 00:04:07.714
obviously close to the

00:04:07.714 --> 00:04:07.780
obviously close to the
president.

00:04:07.780 --> 00:04:07.880
obviously close to the
president. It's

00:04:07.880 --> 00:04:08.047
obviously close to the
president. It's funny

00:04:08.047 --> 00:04:08.081
obviously close to the
president. It's funny because,

00:04:08.081 --> 00:04:08.514
president. It's funny because,

00:04:08.514 --> 00:04:08.615
president. It's funny because,
you

00:04:08.615 --> 00:04:08.648
president. It's funny because,
you know,

00:04:08.648 --> 00:04:09.649
president. It's funny because,
you know, on

00:04:09.649 --> 00:04:09.749
president. It's funny because,
you know, on that

00:04:09.749 --> 00:04:09.782
president. It's funny because,
you know, on that front

00:04:09.782 --> 00:04:10.617
president. It's funny because,
you know, on that front as

00:04:10.617 --> 00:04:10.650
president. It's funny because,
you know, on that front as well,

00:04:10.650 --> 00:04:10.850
you know, on that front as well,

00:04:10.850 --> 00:04:10.984
you know, on that front as well,
antitrust

00:04:10.984 --> 00:04:11.084
you know, on that front as well,
antitrust doesn't

00:04:11.084 --> 00:04:11.718
you know, on that front as well,
antitrust doesn't come

00:04:11.718 --> 00:04:11.784
you know, on that front as well,
antitrust doesn't come up

00:04:11.784 --> 00:04:11.818
you know, on that front as well,
antitrust doesn't come up at

00:04:11.818 --> 00:04:11.951
antitrust doesn't come up at

00:04:11.951 --> 00:04:12.018
antitrust doesn't come up at
all.

00:04:12.018 --> 00:04:12.719
antitrust doesn't come up at
all. And

00:04:12.719 --> 00:04:12.785
antitrust doesn't come up at
all. And there

00:04:12.785 --> 00:04:12.819
antitrust doesn't come up at
all. And there was

00:04:12.819 --> 00:04:12.919
antitrust doesn't come up at
all. And there was a

00:04:12.919 --> 00:04:14.287
antitrust doesn't come up at
all. And there was a time,

00:04:14.287 --> 00:04:14.320
antitrust doesn't come up at
all. And there was a time, guys,

00:04:14.320 --> 00:04:14.454
all. And there was a time, guys,

00:04:14.454 --> 00:04:14.520
all. And there was a time, guys,
where

00:04:14.520 --> 00:04:14.621
all. And there was a time, guys,
where you

00:04:14.621 --> 00:04:14.787
all. And there was a time, guys,
where you could

00:04:14.787 --> 00:04:14.821
all. And there was a time, guys,
where you could imagine

00:04:14.821 --> 00:04:15.021
where you could imagine

00:04:15.021 --> 00:04:15.154
where you could imagine
bringing

00:04:15.154 --> 00:04:15.221
where you could imagine
bringing together

00:04:15.221 --> 00:04:15.622
where you could imagine
bringing together two

00:04:15.622 --> 00:04:15.655
where you could imagine
bringing together two studios

00:04:15.655 --> 00:04:15.788
bringing together two studios

00:04:15.788 --> 00:04:15.888
bringing together two studios
which

00:04:15.888 --> 00:04:16.022
bringing together two studios
which would

00:04:16.022 --> 00:04:16.389
bringing together two studios
which would control

00:04:16.389 --> 00:04:16.489
bringing together two studios
which would control at

00:04:16.489 --> 00:04:16.522
bringing together two studios
which would control at least

00:04:16.522 --> 00:04:16.623
which would control at least

00:04:16.623 --> 00:04:17.457
which would control at least
40%

00:04:17.457 --> 00:04:17.523
which would control at least
40% of

00:04:17.523 --> 00:04:17.657
which would control at least
40% of the

00:04:17.657 --> 00:04:18.458
which would control at least
40% of the overall

00:04:18.458 --> 00:04:18.591
which would control at least
40% of the overall box

00:04:18.591 --> 00:04:18.625
which would control at least
40% of the overall box office,

00:04:18.625 --> 00:04:18.725
40% of the overall box office,

00:04:18.725 --> 00:04:20.059
40% of the overall box office,
if

00:04:20.059 --> 00:04:20.159
40% of the overall box office,
if not

00:04:20.159 --> 00:04:20.260
40% of the overall box office,
if not more,

00:04:20.260 --> 00:04:20.326
40% of the overall box office,
if not more, would

00:04:20.326 --> 00:04:20.627
40% of the overall box office,
if not more, would have

00:04:20.627 --> 00:04:20.660
40% of the overall box office,
if not more, would have been

00:04:20.660 --> 00:04:20.893
if not more, would have been

00:04:20.893 --> 00:04:20.960
if not more, would have been
conceivably

00:04:20.960 --> 00:04:21.527
if not more, would have been
conceivably an

00:04:21.527 --> 00:04:21.661
if not more, would have been
conceivably an antitrust

00:04:21.661 --> 00:04:21.694
if not more, would have been
conceivably an antitrust issue.

00:04:21.694 --> 00:04:22.562
conceivably an antitrust issue.

00:04:22.562 --> 00:04:22.629
conceivably an antitrust issue.
Now,

00:04:22.629 --> 00:04:23.563
conceivably an antitrust issue.
Now, for

00:04:23.563 --> 00:04:23.763
conceivably an antitrust issue.
Now, for perhaps

00:04:23.763 --> 00:04:23.796
conceivably an antitrust issue.
Now, for perhaps fundamental

00:04:23.796 --> 00:04:23.963
Now, for perhaps fundamental

00:04:23.963 --> 00:04:24.697
Now, for perhaps fundamental
reasons

00:04:24.697 --> 00:04:24.764
Now, for perhaps fundamental
reasons involving

00:04:24.764 --> 00:04:24.831
Now, for perhaps fundamental
reasons involving the

00:04:24.831 --> 00:04:25.431
Now, for perhaps fundamental
reasons involving the fact

00:04:25.431 --> 00:04:25.465
Now, for perhaps fundamental
reasons involving the fact that,

00:04:25.465 --> 00:04:25.598
reasons involving the fact that,

00:04:25.598 --> 00:04:25.665
reasons involving the fact that,
well,

00:04:25.665 --> 00:04:26.499
reasons involving the fact that,
well, is

00:04:26.499 --> 00:04:26.599
reasons involving the fact that,
well, is there

00:04:26.599 --> 00:04:26.699
reasons involving the fact that,
well, is there really

00:04:26.699 --> 00:04:26.733
reasons involving the fact that,
well, is there really even

00:04:26.733 --> 00:04:26.766
reasons involving the fact that,
well, is there really even a

00:04:26.766 --> 00:04:27.600
well, is there really even a

00:04:27.600 --> 00:04:27.667
well, is there really even a
market

00:04:27.667 --> 00:04:27.767
well, is there really even a
market and

00:04:27.767 --> 00:04:27.867
well, is there really even a
market and people

00:04:27.867 --> 00:04:28.935
well, is there really even a
market and people going

00:04:28.935 --> 00:04:29.002
well, is there really even a
market and people going to

00:04:29.002 --> 00:04:29.035
well, is there really even a
market and people going to see

00:04:29.035 --> 00:04:29.202
market and people going to see

00:04:29.202 --> 00:04:29.235
market and people going to see
movies

00:04:29.235 --> 00:04:29.402
market and people going to see
movies as

00:04:29.402 --> 00:04:29.435
market and people going to see
movies as opposed

00:04:29.435 --> 00:04:29.636
market and people going to see
movies as opposed to

00:04:29.636 --> 00:04:29.669
market and people going to see
movies as opposed to streaming?

00:04:29.669 --> 00:04:30.503
movies as opposed to streaming?

00:04:30.503 --> 00:04:30.570
movies as opposed to streaming?
Can

00:04:30.570 --> 00:04:30.670
movies as opposed to streaming?
Can you

00:04:30.670 --> 00:04:30.837
movies as opposed to streaming?
Can you really

00:04:30.837 --> 00:04:31.471
movies as opposed to streaming?
Can you really separate

00:04:31.471 --> 00:04:31.571
movies as opposed to streaming?
Can you really separate it

00:04:31.571 --> 00:04:31.604
movies as opposed to streaming?
Can you really separate it out?

00:04:31.604 --> 00:04:31.704
Can you really separate it out?

00:04:31.704 --> 00:04:31.771
Can you really separate it out?
It

00:04:31.771 --> 00:04:32.572
Can you really separate it out?
It may

00:04:32.572 --> 00:04:32.605
Can you really separate it out?
It may not

00:04:32.605 --> 00:04:32.739
Can you really separate it out?
It may not be

00:04:32.739 --> 00:04:32.805
Can you really separate it out?
It may not be thought

00:04:32.805 --> 00:04:33.673
Can you really separate it out?
It may not be thought of.

00:04:33.673 --> 00:04:33.706
Can you really separate it out?
It may not be thought of. And

00:04:33.706 --> 00:04:33.840
It may not be thought of. And

00:04:33.840 --> 00:04:33.940
It may not be thought of. And
then

00:04:33.940 --> 00:04:34.007
It may not be thought of. And
then there

00:04:34.007 --> 00:04:34.440
It may not be thought of. And
then there is,

00:04:34.440 --> 00:04:34.574
It may not be thought of. And
then there is, of

00:04:34.574 --> 00:04:34.641
It may not be thought of. And
then there is, of course,

00:04:34.641 --> 00:04:34.674
It may not be thought of. And
then there is, of course, the

00:04:34.674 --> 00:04:34.841
then there is, of course, the

00:04:34.841 --> 00:04:35.608
then there is, of course, the
belief

00:04:35.608 --> 00:04:35.675
then there is, of course, the
belief that

00:04:35.675 --> 00:04:35.775
then there is, of course, the
belief that this

00:04:35.775 --> 00:04:35.842
then there is, of course, the
belief that this would

00:04:35.842 --> 00:04:35.875
then there is, of course, the
belief that this would be

00:04:35.875 --> 00:04:36.809
belief that this would be

00:04:36.809 --> 00:04:36.843
belief that this would be
looked

00:04:36.843 --> 00:04:37.010
belief that this would be
looked on

00:04:37.010 --> 00:04:37.076
belief that this would be
looked on favorably

00:04:37.076 --> 00:04:37.644
belief that this would be
looked on favorably by

00:04:37.644 --> 00:04:37.677
belief that this would be
looked on favorably by the

00:04:37.677 --> 00:04:37.844
looked on favorably by the

00:04:37.844 --> 00:04:38.144
looked on favorably by the
current

00:04:38.144 --> 00:04:38.177
looked on favorably by the
current administration.

00:04:38.177 --> 00:04:38.278
current administration.

00:04:38.278 --> 00:04:38.745
current administration.
>>

00:04:38.745 --> 00:04:38.878
current administration.
>> On

00:04:38.878 --> 00:04:38.911
current administration.
>> On TikTok.

00:04:38.911 --> 00:04:39.012
>> On TikTok.

00:04:39.012 --> 00:04:39.078
>> On TikTok.
>>

00:04:39.078 --> 00:04:39.445
>> On TikTok.
>> All

00:04:39.445 --> 00:04:39.612
>> On TikTok.
>> All the

00:04:39.612 --> 00:04:39.646
>> On TikTok.
>> All the reasons.

00:04:39.646 --> 00:04:39.746
>> All the reasons.

00:04:39.746 --> 00:04:39.779
>> All the reasons.
>>

00:04:39.779 --> 00:04:40.546
>> All the reasons.
>> We

00:04:40.546 --> 00:04:40.613
>> All the reasons.
>> We think

00:04:40.613 --> 00:04:40.713
>> All the reasons.
>> We think have

00:04:40.713 --> 00:04:40.780
>> All the reasons.
>> We think have some

00:04:40.780 --> 00:04:41.714
>> All the reasons.
>> We think have some sort

00:04:41.714 --> 00:04:41.748
>> All the reasons.
>> We think have some sort of.

00:04:41.748 --> 00:04:41.848
>> We think have some sort of.

00:04:41.848 --> 00:04:41.881
>> We think have some sort of.
>>

00:04:41.881 --> 00:04:41.981
>> We think have some sort of.
>> I

00:04:41.981 --> 00:04:42.382
>> We think have some sort of.
>> I don't

00:04:42.382 --> 00:04:42.482
>> We think have some sort of.
>> I don't believe,

00:04:42.482 --> 00:04:42.515
>> We think have some sort of.
>> I don't believe, and

00:04:42.515 --> 00:04:42.715
>> I don't believe, and

00:04:42.715 --> 00:04:42.815
>> I don't believe, and
obviously

00:04:42.815 --> 00:04:43.449
>> I don't believe, and
obviously we're

00:04:43.449 --> 00:04:43.516
>> I don't believe, and
obviously we're waiting

00:04:43.516 --> 00:04:43.549
>> I don't believe, and
obviously we're waiting for

00:04:43.549 --> 00:04:43.583
>> I don't believe, and
obviously we're waiting for a

00:04:43.583 --> 00:04:43.750
obviously we're waiting for a

00:04:43.750 --> 00:04:44.617
obviously we're waiting for a
readout

00:04:44.617 --> 00:04:44.684
obviously we're waiting for a
readout from

00:04:44.684 --> 00:04:44.784
obviously we're waiting for a
readout from the

00:04:44.784 --> 00:04:44.851
obviously we're waiting for a
readout from the Trump

00:04:44.851 --> 00:04:45.652
obviously we're waiting for a
readout from the Trump she

00:04:45.652 --> 00:04:45.685
obviously we're waiting for a
readout from the Trump she call

00:04:45.685 --> 00:04:45.818
readout from the Trump she call

00:04:45.818 --> 00:04:45.918
readout from the Trump she call
right

00:04:45.918 --> 00:04:46.653
readout from the Trump she call
right now.

00:04:46.653 --> 00:04:46.886
readout from the Trump she call
right now. My

00:04:46.886 --> 00:04:46.953
readout from the Trump she call
right now. My understanding

00:04:46.953 --> 00:04:46.986
readout from the Trump she call
right now. My understanding is

00:04:46.986 --> 00:04:47.120
right now. My understanding is

00:04:47.120 --> 00:04:48.021
right now. My understanding is
that,

00:04:48.021 --> 00:04:48.154
right now. My understanding is
that, yes,

00:04:48.154 --> 00:04:48.254
right now. My understanding is
that, yes, Oracle

00:04:48.254 --> 00:04:48.788
right now. My understanding is
that, yes, Oracle would

00:04:48.788 --> 00:04:48.855
right now. My understanding is
that, yes, Oracle would be

00:04:48.855 --> 00:04:48.888
right now. My understanding is
that, yes, Oracle would be an

00:04:48.888 --> 00:04:49.088
that, yes, Oracle would be an

00:04:49.088 --> 00:04:49.155
that, yes, Oracle would be an
investor.

00:04:49.155 --> 00:04:49.455
that, yes, Oracle would be an
investor. As

00:04:49.455 --> 00:04:49.622
that, yes, Oracle would be an
investor. As I

00:04:49.622 --> 00:04:49.656
that, yes, Oracle would be an
investor. As I reported

00:04:49.656 --> 00:04:49.889
investor. As I reported

00:04:49.889 --> 00:04:50.590
investor. As I reported
previously,

00:04:50.590 --> 00:04:50.690
investor. As I reported
previously, they

00:04:50.690 --> 00:04:50.857
investor. As I reported
previously, they would

00:04:50.857 --> 00:04:50.890
investor. As I reported
previously, they would continue

00:04:50.890 --> 00:04:52.325
previously, they would continue

00:04:52.325 --> 00:04:52.392
previously, they would continue
to

00:04:52.392 --> 00:04:52.458
previously, they would continue
to use

00:04:52.458 --> 00:04:52.592
previously, they would continue
to use the

00:04:52.592 --> 00:04:52.692
previously, they would continue
to use the Oracle

00:04:52.692 --> 00:04:52.725
previously, they would continue
to use the Oracle cloud

00:04:52.725 --> 00:04:53.493
to use the Oracle cloud

00:04:53.493 --> 00:04:53.559
to use the Oracle cloud
infrastructure,

00:04:53.559 --> 00:04:53.626
to use the Oracle cloud
infrastructure, but

00:04:53.626 --> 00:04:54.961
to use the Oracle cloud
infrastructure, but not

00:04:54.961 --> 00:04:54.994
to use the Oracle cloud
infrastructure, but not that

00:04:54.994 --> 00:04:55.762
infrastructure, but not that

00:04:55.762 --> 00:04:55.862
infrastructure, but not that
TikTok

00:04:55.862 --> 00:04:55.995
infrastructure, but not that
TikTok would

00:04:55.995 --> 00:04:56.362
infrastructure, but not that
TikTok would somehow

00:04:56.362 --> 00:04:56.396
infrastructure, but not that
TikTok would somehow become

00:04:56.396 --> 00:04:56.429
infrastructure, but not that
TikTok would somehow become a

00:04:56.429 --> 00:04:57.830
TikTok would somehow become a

00:04:57.830 --> 00:04:57.864
TikTok would somehow become a
part.

00:04:57.864 --> 00:04:57.930
TikTok would somehow become a
part. Of

00:04:57.930 --> 00:04:58.531
TikTok would somehow become a
part. Of the

00:04:58.531 --> 00:04:59.532
TikTok would somehow become a
part. Of the Ellison

00:04:59.532 --> 00:04:59.565
TikTok would somehow become a
part. Of the Ellison media

00:04:59.565 --> 00:04:59.766
part. Of the Ellison media

00:04:59.766 --> 00:04:59.799
part. Of the Ellison media
empire.

00:04:59.799 --> 00:04:59.899
empire.

00:04:59.899 --> 00:05:00.633
empire.
>>

00:05:00.633 --> 00:05:00.733
empire.
>> You

00:05:00.733 --> 00:05:00.767
empire.
>> You raise

00:05:00.767 --> 00:05:00.867
empire.
>> You raise a

00:05:00.867 --> 00:05:01.401
empire.
>> You raise a great

00:05:01.401 --> 00:05:01.501
empire.
>> You raise a great point.

00:05:01.501 --> 00:05:01.534
empire.
>> You raise a great point. Why

00:05:01.534 --> 00:05:01.668
>> You raise a great point. Why

00:05:01.668 --> 00:05:01.734
>> You raise a great point. Why
isn't

00:05:01.734 --> 00:05:02.568
>> You raise a great point. Why
isn't it

00:05:02.568 --> 00:05:02.635
>> You raise a great point. Why
isn't it down?

00:05:02.635 --> 00:05:02.702
>> You raise a great point. Why
isn't it down? And

00:05:02.702 --> 00:05:03.870
>> You raise a great point. Why
isn't it down? And I'm

00:05:03.870 --> 00:05:03.903
>> You raise a great point. Why
isn't it down? And I'm thinking

00:05:03.903 --> 00:05:04.037
isn't it down? And I'm thinking

00:05:04.037 --> 00:05:04.137
isn't it down? And I'm thinking
that

00:05:04.137 --> 00:05:04.604
isn't it down? And I'm thinking
that people

00:05:04.604 --> 00:05:04.637
isn't it down? And I'm thinking
that people think.

00:05:04.637 --> 00:05:04.737
that people think.

00:05:04.737 --> 00:05:04.837
that people think.
>>

00:05:04.837 --> 00:05:04.937
that people think.
>> People

00:05:04.937 --> 00:05:05.705
that people think.
>> People think

00:05:05.705 --> 00:05:05.838
that people think.
>> People think maybe

00:05:05.838 --> 00:05:05.872
that people think.
>> People think maybe they've

00:05:05.872 --> 00:05:05.972
>> People think maybe they've

00:05:05.972 --> 00:05:06.039
>> People think maybe they've
got

00:05:06.039 --> 00:05:06.806
>> People think maybe they've
got the

00:05:06.806 --> 00:05:06.839
>> People think maybe they've
got the cards

00:05:06.839 --> 00:05:06.973
>> People think maybe they've
got the cards to

00:05:06.973 --> 00:05:07.073
>> People think maybe they've
got the cards to really

00:05:07.073 --> 00:05:07.106
>> People think maybe they've
got the cards to really make

00:05:07.106 --> 00:05:07.774
got the cards to really make

00:05:07.774 --> 00:05:07.840
got the cards to really make
this

00:05:07.840 --> 00:05:07.874
got the cards to really make
this into

00:05:07.874 --> 00:05:09.976
got the cards to really make
this into a

00:05:09.976 --> 00:05:10.677
got the cards to really make
this into a true

00:05:10.677 --> 00:05:12.045
got the cards to really make
this into a true Silicon

00:05:12.045 --> 00:05:12.078
got the cards to really make
this into a true Silicon Valley

00:05:12.078 --> 00:05:12.545
this into a true Silicon Valley

00:05:12.545 --> 00:05:13.613
this into a true Silicon Valley
esque

00:05:13.613 --> 00:05:13.780
this into a true Silicon Valley
esque media

00:05:13.780 --> 00:05:13.813
this into a true Silicon Valley
esque media company.

00:05:13.813 --> 00:05:13.913
esque media company.

00:05:13.913 --> 00:05:13.946
esque media company.
>>

00:05:13.946 --> 00:05:14.714
esque media company.
>> I

00:05:14.714 --> 00:05:14.747
esque media company.
>> I buy.

00:05:14.747 --> 00:05:14.847
>> I buy.

00:05:14.847 --> 00:05:14.914
>> I buy.
>>

00:05:14.914 --> 00:05:14.947
>> I buy.
>> It.

00:05:14.947 --> 00:05:15.048
>> It.

00:05:15.048 --> 00:05:15.448
>> It.
>>

00:05:15.448 --> 00:05:15.481
>> It.
>> Particularly

00:05:15.481 --> 00:05:15.581
>> It.
>> Particularly if

00:05:15.581 --> 00:05:16.516
>> It.
>> Particularly if they

00:05:16.516 --> 00:05:16.549
>> It.
>> Particularly if they can

00:05:16.549 --> 00:05:16.716
>> Particularly if they can

00:05:16.716 --> 00:05:16.816
>> Particularly if they can
offload

00:05:16.816 --> 00:05:16.849
>> Particularly if they can
offload what

00:05:16.849 --> 00:05:17.984
>> Particularly if they can
offload what we

00:05:17.984 --> 00:05:18.084
>> Particularly if they can
offload what we don't

00:05:18.084 --> 00:05:18.117
>> Particularly if they can
offload what we don't like.

00:05:18.117 --> 00:05:18.217
offload what we don't like.

00:05:18.217 --> 00:05:18.284
offload what we don't like.
>>

00:05:18.284 --> 00:05:18.651
offload what we don't like.
>> Now,

00:05:18.651 --> 00:05:18.718
offload what we don't like.
>> Now, speaking

00:05:18.718 --> 00:05:18.751
offload what we don't like.
>> Now, speaking of,

00:05:18.751 --> 00:05:18.851
offload what we don't like.
>> Now, speaking of, I

00:05:18.851 --> 00:05:18.885
offload what we don't like.
>> Now, speaking of, I mean

00:05:18.885 --> 00:05:19.419
>> Now, speaking of, I mean

00:05:19.419 --> 00:05:19.485
>> Now, speaking of, I mean
Netflix,

00:05:19.485 --> 00:05:19.552
>> Now, speaking of, I mean
Netflix, by

00:05:19.552 --> 00:05:19.619
>> Now, speaking of, I mean
Netflix, by the

00:05:19.619 --> 00:05:20.453
>> Now, speaking of, I mean
Netflix, by the way,

00:05:20.453 --> 00:05:20.520
>> Now, speaking of, I mean
Netflix, by the way, is

00:05:20.520 --> 00:05:20.586
>> Now, speaking of, I mean
Netflix, by the way, is the

00:05:20.586 --> 00:05:20.620
>> Now, speaking of, I mean
Netflix, by the way, is the one

00:05:20.620 --> 00:05:20.753
Netflix, by the way, is the one

00:05:20.753 --> 00:05:21.521
Netflix, by the way, is the one
name

00:05:21.521 --> 00:05:21.621
Netflix, by the way, is the one
name that's

00:05:21.621 --> 00:05:21.688
Netflix, by the way, is the one
name that's still

00:05:21.688 --> 00:05:21.788
Netflix, by the way, is the one
name that's still out

00:05:21.788 --> 00:05:22.922
Netflix, by the way, is the one
name that's still out there

00:05:22.922 --> 00:05:22.955
Netflix, by the way, is the one
name that's still out there is.

00:05:22.955 --> 00:05:23.089
name that's still out there is.

00:05:23.089 --> 00:05:23.189
name that's still out there is.
Would

00:05:23.189 --> 00:05:23.256
name that's still out there is.
Would they

00:05:23.256 --> 00:05:24.090
name that's still out there is.
Would they ever

00:05:24.090 --> 00:05:24.223
name that's still out there is.
Would they ever consider

00:05:24.223 --> 00:05:24.257
name that's still out there is.
Would they ever consider trying

00:05:24.257 --> 00:05:24.357
Would they ever consider trying

00:05:24.357 --> 00:05:24.424
Would they ever consider trying
to

00:05:24.424 --> 00:05:24.490
Would they ever consider trying
to make

00:05:24.490 --> 00:05:24.557
Would they ever consider trying
to make a

00:05:24.557 --> 00:05:24.624
Would they ever consider trying
to make a bid

00:05:24.624 --> 00:05:24.691
Would they ever consider trying
to make a bid here

00:05:24.691 --> 00:05:25.558
Would they ever consider trying
to make a bid here for

00:05:25.558 --> 00:05:25.591
Would they ever consider trying
to make a bid here for the

00:05:25.591 --> 00:05:25.758
to make a bid here for the

00:05:25.758 --> 00:05:25.858
to make a bid here for the
entire

00:05:25.858 --> 00:05:26.025
to make a bid here for the
entire thing?

00:05:26.025 --> 00:05:26.592
to make a bid here for the
entire thing? Clearly,

00:05:26.592 --> 00:05:26.626
to make a bid here for the
entire thing? Clearly, there's

00:05:26.626 --> 00:05:26.693
entire thing? Clearly, there's

00:05:26.693 --> 00:05:26.826
entire thing? Clearly, there's
a

00:05:26.826 --> 00:05:26.859
entire thing? Clearly, there's
a belief

00:05:26.859 --> 00:05:27.727
entire thing? Clearly, there's
a belief on

00:05:27.727 --> 00:05:27.794
entire thing? Clearly, there's
a belief on the

00:05:27.794 --> 00:05:27.860
entire thing? Clearly, there's
a belief on the part

00:05:27.860 --> 00:05:27.994
entire thing? Clearly, there's
a belief on the part of

00:05:27.994 --> 00:05:28.027
entire thing? Clearly, there's
a belief on the part of Warner

00:05:28.027 --> 00:05:28.428
a belief on the part of Warner

00:05:28.428 --> 00:05:28.494
a belief on the part of Warner
Brothers

00:05:28.494 --> 00:05:28.561
a belief on the part of Warner
Brothers and

00:05:28.561 --> 00:05:28.661
a belief on the part of Warner
Brothers and its

00:05:28.661 --> 00:05:29.462
a belief on the part of Warner
Brothers and its board

00:05:29.462 --> 00:05:29.495
a belief on the part of Warner
Brothers and its board that

00:05:29.495 --> 00:05:29.629
Brothers and its board that

00:05:29.629 --> 00:05:29.696
Brothers and its board that
once

00:05:29.696 --> 00:05:29.796
Brothers and its board that
once the

00:05:29.796 --> 00:05:30.563
Brothers and its board that
once the split

00:05:30.563 --> 00:05:30.630
Brothers and its board that
once the split occurs

00:05:30.630 --> 00:05:30.763
Brothers and its board that
once the split occurs next

00:05:30.763 --> 00:05:30.797
Brothers and its board that
once the split occurs next year,

00:05:30.797 --> 00:05:30.930
once the split occurs next year,

00:05:30.930 --> 00:05:31.631
once the split occurs next year,
there

00:05:31.631 --> 00:05:31.664
once the split occurs next year,
there might

00:05:31.664 --> 00:05:31.864
once the split occurs next year,
there might be

00:05:31.864 --> 00:05:32.632
once the split occurs next year,
there might be interestn

00:05:32.632 --> 00:05:32.665
once the split occurs next year,
there might be interestn the

00:05:32.665 --> 00:05:32.832
there might be interestn the

00:05:32.832 --> 00:05:32.999
there might be interestn the
studio

00:05:32.999 --> 00:05:33.132
there might be interestn the
studio streaming

00:05:33.132 --> 00:05:33.466
there might be interestn the
studio streaming business

00:05:33.466 --> 00:05:33.499
there might be interestn the
studio streaming business from

00:05:33.499 --> 00:05:33.599
studio streaming business from

00:05:33.599 --> 00:05:33.700
studio streaming business from
the

00:05:33.700 --> 00:05:33.766
studio streaming business from
the likes

00:05:33.766 --> 00:05:34.567
studio streaming business from
the likes of

00:05:34.567 --> 00:05:34.600
studio streaming business from
the likes of Netflix

00:05:34.600 --> 00:05:34.701
studio streaming business from
the likes of Netflix or

00:05:34.701 --> 00:05:34.734
studio streaming business from
the likes of Netflix or even

00:05:34.734 --> 00:05:34.901
the likes of Netflix or even

00:05:34.901 --> 00:05:35.501
the likes of Netflix or even
Amazon,

00:05:35.501 --> 00:05:35.601
the likes of Netflix or even
Amazon, or

00:05:35.601 --> 00:05:35.668
the likes of Netflix or even
Amazon, or maybe

00:05:35.668 --> 00:05:35.735
the likes of Netflix or even
Amazon, or maybe even

00:05:35.735 --> 00:05:36.736
the likes of Netflix or even
Amazon, or maybe even an

00:05:36.736 --> 00:05:36.769
the likes of Netflix or even
Amazon, or maybe even an Apple.

00:05:36.769 --> 00:05:36.903
Amazon, or maybe even an Apple.

00:05:36.903 --> 00:05:36.969
Amazon, or maybe even an Apple.
But,

00:05:36.969 --> 00:05:37.670
Amazon, or maybe even an Apple.
But, you

00:05:37.670 --> 00:05:37.770
Amazon, or maybe even an Apple.
But, you know,

00:05:37.770 --> 00:05:37.870
Amazon, or maybe even an Apple.
But, you know, very

00:05:37.870 --> 00:05:37.904
Amazon, or maybe even an Apple.
But, you know, very much

00:05:37.904 --> 00:05:38.438
But, you know, very much

00:05:38.438 --> 00:05:38.571
But, you know, very much
unclear

00:05:38.571 --> 00:05:38.705
But, you know, very much
unclear whether

00:05:38.705 --> 00:05:38.805
But, you know, very much
unclear whether Netflix

00:05:38.805 --> 00:05:38.838
But, you know, very much
unclear whether Netflix would

00:05:38.838 --> 00:05:39.238
unclear whether Netflix would