Caroline Hyde

Was it a miss, therefore, for Paramount Skydance?

I would be shocked if David Zaslav is not working the phones this morning drumming up buyers for that entity that he's going to spin off.

He's been masterful at discerning what parts of his empire are valuable to whom.

And there is still value in those linear networks, let's say to Aversant, which just spun off its linear, or is about to be officially spun off from NBC.

Sinclair and Nexstar, the massive and growing local broadcasters, might be interested in becoming both, right?

So there are potential buyers out there.

And David Zasav may have just figured, look, actually, the sum of the parts

is actually greater than the whole, if I do this right.

John Klein, Hang Media, it's great to catch up with you again.

Really appreciate it.

Now coming up, as the EU, it finds Elon Musk's social media platform, X, and President Trump warns that European civilization could be wiped away.

We sit down with the EU ambassador to the United States.

You don't want to miss it.

This is Bloomberg Tech.

Elon Musk's ex-social network has been fined 120 million euros, that's $140 million equivalent, for violating an EU content moderation law.

That rule is already at a point of contention between the bloc and the White House when it comes to tech regulation.

Joining us to discuss the Bloomberg Tech editor in London, Olivia Solon.

What exactly was their issue in the EU?

Which law did it go against?

Thus far, certainly the administration doesn't feel that, Ambassador.