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The Politics Guys

Streaming Battle, Minnesota Fraud, Listener Questions

The Politics Guys

Michael Baranowski

News, Politics

4.4783 Ratings

🗓️ 16 December 2025

⏱️ 16 minutes

🧾️ Download transcript

Summary

Mike and Joey open with a deep dive into the emerging battle over Warner Bros. Discovery, weighing Netflix’s proposed mega-merger against Paramount Skydance’s rival bid and asking whether antitrust law still has teeth in a streaming world defined by consolidation. Mike stresses market definition, consumer harm, and the risk of enshittification when dominant platforms get complacent, while Joey argues consolidation raises prices and erodes both competition and the marketplace of ideas  Next, they turn to the idea of “objective” or traditional news, debating David Ellison’s claim that CNN and CBS could rebuild a fact-driven, ideologically broad audience. Joey defends the possibility and sees value in restoring credibility and competition in media, while Mike remains skeptical that mass audiences in 2025 want anything other than affirmation and outrage, even if he’d personally welcome the experiment  After that, the conversation shifts to the Minnesota COVID-era fraud scandal, where more than a billion dollars meant for vulnerable populations was allegedly stolen. Mike frames it as a structural failure driven by weak oversight, rushed emergency funding, and overreliance on nonprofits, while Joey emphasizes the brazen nature of the fraud and warns against the weaponization of racism accusations to shut down scrutiny  Then they tackle harder cultural questions around assimilation, balkanization, and how identity politics complicates governance and accountability. Mike argues these are permanent tensions between competing values that require constant management rather than simple fixes, while Joey worries that avoidance of honest discussion creates openings for corruption and social decay  Finally, the guys close with listener questions on evidence-based policy, tariffs, deficits, and accusations of authoritarianism in the Trump era. Mike concedes the right often diagnoses problems with big government more accurately but rejects its preferred cures, while Joey defends tariffs as pragmatic fair-trade tools and dismisses claims of rising authoritarianism as rhetorical overreach fueled by fundraising incentives on both sides The Politics Guys on Facebook | X Check out the excellent Sustainable Planet podcast. Listener support helps make The Politics Guys possible. You can support us or change your level of support at patreon.com/politicsguys or politicsguys.com/support. On Venmo, we’re @PoliticsGuys. The Politics Guys is part of The Democracy Group, a network of podcasts that examines what's broken in our democracy and how we can work together to fix it. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm joined today by my concertive counterpart, Cincinnati area attorney Joey Ashbrook.

0:05.2

Hey, Mike.

0:06.2

Hey, Joey.

0:07.4

So as usual, we had a bunch of things that we didn't have a chance to get to in the weekend show.

0:14.3

One thing, kind of particular interest to me, probably a lot of people.

0:18.6

You know, when I first heard that announcement that Netflix was playing to buy Warner Brothers

0:24.5

Discovery for $83 billion, my first thought, well, after, wow, that's a lot of money,

0:30.7

was cool, I can get Netflix and HBO in one app and now have to pay two subscriptions,

0:36.1

which, you know, but obviously I was

0:39.2

jumping the gun by a lot, it turns out. I mean, because shortly after that Netflix deal was

0:45.1

announced, Paramount Skydance launched a hostile takeover bid for Warner Discovery for over $108 billion.

0:52.6

Now, Warner is in dire, dire need of rescuing. I mean, they're over $33 billion in

0:58.8

debt. But honestly, at this point, whether either of these deals will go through depends not just

1:04.3

on shareholders, but on antitrust regulators. And looking at it from that perspective,

1:10.5

Netflix is by far the market leader and

1:13.4

global subscribers over 300 million. Amazon Prime is a very distant second around 200, 220 million.

1:21.4

So the Paramount Plus streaming service, they're way back there, somewhere around 80 million

1:26.7

global subscribers. And so that makes

1:29.5

Paramount Skydance's offer potentially easier to get regulatory approval. You know, the combined

1:36.2

Paramount Warner streaming service, whatever, would still be far less than where Netflix is right now.

1:43.0

But if you pull Netflix and HBO Discovery together,

1:46.5

that new entity would control over 40% of global subscription streaming, which is a lot.

...

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