Caroline Hyde

So there's a lot more to this than just money, and that's the cable assets.

I just want to push back on what makes you articulate you think this is about politics.

Because I think more broadly, certainly the Ellison family would come in and say, this is about the future of content, about delivery.

This is not about in any way us having any bearing on the editorial decisions that we're making at CNN in the same way that they've articulated that about CBS.

Well, I don't look at Paramount Skydance as really innovating anything.

They're actually more like a traditional studio than anybody else.

And that's kind of why Hollywood wants them to succeed is because they look like a traditional studio where Netflix is all about innovation.

And they're the big disruptor in the industry that most people in Hollywood don't like because of the way the contract and terms are.

So if you're in with Netflix, you like them.

But if you're not in with Netflix, you hate them.

And that's Hollywood.

So

So, you know, once again, I think Paramount Skydance needs Warner Brothers to really be a big player.

And that's why they're willing to pay so much.

And politics isn't the main driver.

I'm not trying to say that it's a secondary driver of this, but it's part of it.

And I think people need to keep that into consideration.

And I still think in the end, Paramount's going to do whatever necessary to get this deal.

In the time we have left, there is the Wall Street view on this, which, thank you, you've given us the investor and Netflix investors take.

The politics were put to one side.