Netflix gets wrong and you're listening to Motley Full Money. I'm Ricky Mulvey joined today by Bill Mann bright and early Bill good to see you.

What is happening Ricky you doing well? I'm doing pretty well how about you?

It's warmed up a little so that's nice.

Yeah, we've got...

I'm not... I'm not part Polar Bear like a lot of people.

We got...

Well, last time I think we lost you due to Snowfall, so it was good to get you back on the following week.

And I know people from the northern climbs laugh at the DMV

when we talk about snowfall, but it was actually legit. the Netflix got a big deal this morning. The streamer is paying $5 billion to get

W. W. W.E. Raw! For 10 years starting next January. The T. K.O. group, which is the

combination of the UFC and the

W. W. W. E. Those investors are a little bit more excited than the

Netflix investors. So talk to me, why do you think Netflix is going heavy on these

live events right now?

You know, I love the fact that I've been called upon to talk about Rasslin because I grew up

in Raleigh, North Carolina, which was the home of Dorton Arena. So we had all the time,

Rowdy, Roddy-Piper and Dusty Roads

and the Russian Bear Ivan Koloff coming into our climb. So wrestling is something that is in my blood. But back in the

70s we would not have expected wrestling to go for $5 billion worth of a worth in terms of

television viewing revenues. It's it's really staggering. I think from the from from

Netflix's standpoint in some ways this is battening down the hatches in the area in which it probably feels like it

has the most vulnerability versus other streaming services.

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