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Joe Flint

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
325 total appearances

Appearances Over Time

Podcast Appearances

The Journal.
Inside the Nasty Fight to Take Over Hollywood

Paramount has promised 30 movies a year, 15 from Warner, 15 from Paramount, theatrical movies.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

Those are expensive.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

And Paramount's going to have, you know, $79 billion of debt here.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

And they've said that, you know, none of this will affect production.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

But a lot of folks in Hollywood are wondering how, how can that be?

The Journal.
Inside the Nasty Fight to Take Over Hollywood

How, you know, you're taking on so much debt.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

How is that?

The Journal.
Inside the Nasty Fight to Take Over Hollywood

How are you going to be able to sustain making 30 movies a year, marketing them?

The Journal.
Inside the Nasty Fight to Take Over Hollywood

All of that.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

And also, you know, running all these cable networks.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

And it just seems like they've bit off an awful lot.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

It's going to be a real challenge to bring all that to fruition at the same time having to whack away at this heavy debt load.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

For writers and producers and actors, these deals are always a little nerve-wracking.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

You know, you've got two major companies that own two major studios, major cable and streaming service networks.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

So if you're writers and producers, the leverage keeps shifting to the big media companies.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

So that's nothing that anyone in town likes who's on the creative side of the business or below the line because...

The Journal.
Inside the Nasty Fight to Take Over Hollywood

You just are losing more and more leverage to negotiate.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

Well, the Allison family will be very powerful after this deal closes.

The Journal.
Inside the Nasty Fight to Take Over Hollywood

I mean, obviously they already were, but the idea that one family is controlling or has stakes in assets as wide-ranging as CBS and CNN and HBO and Warner movies and Paramount movies and TikTok,

The Journal.
Inside the Nasty Fight to Take Over Hollywood

That's an awful lot.