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Plus. It is Wednesday, March 4th. WarnerMount Week continues on the town as we further digest Paramount buying Warner Brothers Discovery,

one of the biggest and most impactful studio mergers in the history of the entertainment business.

We discussed the Hollywood angle with Lucas on Friday.

Then we did the Wall Street perspective with Rich Greenfield on Monday.

Should listen to both those episodes. Today, it's the view from inside this $11 billion

mega deal, what the investment thesis was for the Ellison family, how they plan to pare down

that $79 billion debt they took on to fund this deal, whether they'll sell one or both movie studio

lots, and if these Saudis and other Middle East investors will be among those backers.

Lots of questions.

So we've got the chief architect of this deal back on the show to discuss.

Jerry Cardinal is the founder and managing partner of Redbird Capital.

It's the private equity fund that backed Skydance and then Paramount Skydance and now the takeover of Warner Brothers Discovery.

Jerry does a lot of other deals, too, especially in the media space.

He's arguably the biggest and most influential dealmaker in the space right now.

He's agreed to let me grill him on the contours of this transaction.

Why, he says the coming cost cuts will not primarily focus on employee layoffs.

And ultimately, why he and David Ellison believe this mega deal is good for Hollywood.

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