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I'm so excited to welcome to IHIP News, Lena Kahn. She is the former FTC chair and the current co-chair of the Zoron Mamdani transition team.

Lena, welcome.

Let's dive right into it.

I want to talk about this Warner Brothers hostile takeover,

which now we know involves Jared Kushner, some foreign governments.

Can you break this down for us what it is and in your opinion about this?

Yeah, happy to.

So last week we saw an announcement that Netflix would be buying up Warner Brothers

Discover shortly after that we saw an announcement that instead Paramount will be trying to make

a hostile bid.

And it's important just to step back and recognize what this type of consolidation would mean.

We've seen an extraordinary amount of consolidation already happened in Hollywood.

And this would just mean that people have fewer options that writers and creators in Hollywood have fewer options

in terms of where they can sell their ideas, where they can distribute their ideas.

Prices would go up. There could be horrible ramifications for just the future of Hollywood generally.

And so there are a lot of major, major red flags from a law enforcement perspective.

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