Paramount, you know, we're seeing stories about who's supposed to buy Time Warner. Paramount is out,

right? Oh, Paramount's not going to be getting it. It's probably going to be Netflix.

And then these stories start coming. Paramount grows more confident. Warner Brothers and Discovery

will drop Netflix bid. And a lot of people, Tom is texting me all night.

He said, let me tell you what's going on here.

I said, I'm going to go to Snyder first on this and then pop and see what we do.

So confidence is growing inside Paramount Skydance and Warner Brothers Discovery.

It's deal with Netflix in a matter of days and reopen a months-long bidding war of the company.

If Warner Brothers does reopen the process, it will have less to do with the recent

barely enhanced offer by Paramount, where it didn't increase its all cash deal of $78 billion

bid other than agreeing to cover a backup fee to walk away from Netflix, then the worries

about valuation and the regulatory uncertainty at the post reporter last week, the firm known

as WBD Warner Bros.

That controls the iconic Warner Bros. Studio, HBO Max Screaming and cable properties like CNN,

Discovery has been under massive pressure to consider the sweet, sweetened offer from Paramount Skydance, increasingly Warner Brothers investors, believed a nearly sealed $72 billion deal from Netflix for the studio and the streaming service is facing insurmountable regulatory hurdles, while they also are questioning the valuation of the Netflix

offer. Jeff, what do you stand with this? Again, I think that it's an admission that the industry

as it was is failing, that there's enough technological change in evolution that they're trying

their best to keep the horse alive as long as they possibly can. And the only way to do that is to create streaming libraries that are big enough to survive the fact that they have all just junk. But why do you think this happened, though? You know, it's going this way. And the market's like, yeah, I don't, I don't think they're going to pick it up. I don't think Paramount's going to pick it up. and then all of a sudden, I'll come back here. No, we should look at Paramount. Why do you think that happened? There's

stuff going on behind the scenes because this has become such a hot button thing. You know, the government's

getting involved. I mean, we've got lawyers involved. There's a lot at stake for all parties involved, which means it's too much to just simply say,

oh, Netflix, you take it, we'll be fine, we'll go someplace else.

It's, again to just simply say, oh, Netflix, you take it. We'll be fine. We'll go someplace else.

...