Julia Alexander
๐ค SpeakerAppearances Over Time
Podcast Appearances
And I don't know what's happening there.
And there's a lot of like allegedly is being thrown out about what that may look like.
But like there was a I was just reading something about how Ari Emanuel calls up Trump all the time.
And Ari is very close with a lot of people in Hollywood, including the Paramount side.
And so there's just a lot happening at the entertainment level and the Hollywood level with this administration that makes it really interesting.
But the deal is done.
And I think to understand about Larry Ellison and David Ellison, David Ellison now the head of Paramount Global, is that David Ellison went after Paramount in an attempt to then go after a company like Warner Brothers Discovery.
The idea was to build this mega streamer based on library and IP.
And so that's why you're seeing David Ellison almost act very Succession, Kendall Roy-like, saying, you know, like, Papa, buy me the train.
Like, I want to be able...
to have this empire.
And a big part of it is because after David Ellison bought Paramount, this was a company circling the drain.
Sherry Redstone just wanted to get rid of it at this point and go up the highs that she could.
David Ellison knew that Paramount on its own was never going to do much against Netflix or let alone YouTube or Instagram or TikTok.
He needed Warner Brothers Discovery to come in.
And so I think the fact that he went into that
deal or attempt to get a deal before Warner Brothers Discovery put itself up for auction.
He went to David Zaslav and was like, I want to buy your company.
And when David Zaslav then opened up the auction process in WBD and Netflix was a key bidder, you could see how much more desperate David Ellison was becoming every single month.
raising the bid to $107 or $108 billion to include the cable networks, which are worth absolutely nothing, kind of reaching out to Warner Brothers Discovery shareholders and saying, we're going to go in all cash and this is the best deal you can do.