John Skipper

So it would be hard to execute.

You're right.

Should they have kept that option open?

They should have.

They should have refused to sell the rest of it to us.

Taking it in a minority position?

Good idea.

but selling the whole thing.

Or they could also have done what we did with the Big Ten Network when they needed all of our footage from years and years at ABC.

And we said, great, we will sell that to you.

In fact, we'll give it to you in the next rights deal, but we get a perpetual license to use it.

So BAM could have said, we get a perpetual friendly ability to use this

You can manage the underlying technology of the company, but we get to use it forever at a below-market license.

Wouldn't that have been smart?

It came up.

All of this came up.

You wave the big check around and say, we'll pay you this.

And you have an negotiator as good and as tough as Kevin Mayer.

You say, sorry, you can't do that.

Well, it could, but once again, who's to say that Blockbuster would have actually bought the company and executed as well as the Netflix guys did?