Julia Alexander

But I do think Netflix, there's a coolness to it.

And I was talking to this media investor a while back, and we were talking about knowing when to sell.

And the thing they said to me, and they work with a lot of kind of notable athletes, they said to me, they're like, my biggest concern is you have founders and CEOs who do not want to sell because they think that they're still riding the level of cool.

But cool is a very quick factor that goes away.

And so you have to know when, okay, this is my off-put and I'm going to go here.

And I think there's a level with Netflix where they are still riding that cool.

There is this level of like, it's Netflix.

We think this could be a really big business.

It's exciting to kind of see play out.

This is the first major acquisition that Netflix has done.

The one before this was, I think the

the Roald Dahl library for about $750 million, $800 million, versus, again, the Paramount side where the cool has been gone for years, for decades.

And so, again, it just feels like Netflix seems to have a better plan.

How much they stick to, to your point, we don't know.

How much they actually stick to beyond what they're contractually obligated to stick to, who knows?

But the fact that they...

have the big movies and the big TV shows, and they're the number one premium streamer, I think really does do a lot for shareholders.

It's two names, and they are heavily related to entertainment in a way that Hollywood detests, and it's Neil Mohan and Sam Allman.

And at this point, Netflix is cool because Netflix has proven that it's committed to, maybe not theatrical, but committed to filmmakers, right?

They took on The Irishman, the big Martin Scorsese movie when no one else would do it.