Julia Alexander

At the same time that Warner Brothers Discovery is saying, look, to your point, Neal, I

We are a company under duress.

We are a company who believes has good assets, but we need someone else to take these assets and turn them into something.

And we think that's Netflix.

You do see how important owning this part of the Hollywood empire is to whether it's David Ellison or Ted Sarandos, because David Ellison is becoming much more unhinged in public in his attempts to kind of get it back.

But the deal is all but there, although with Trump and this administration, never say never.

No, they'll sell to Apollo or someone to private equity and then private equity will, you know, do what private equity does and kind of ride it out to the end and then just dump them.

But those cable networks are done.

I think you're giving Zaslav a lot of credit for having a plan.

So that's great.

I think he's the type of guy... I mean, look, he's the type of guy... He came into Hollywood.

He bought Robert Evans's, who's a famous producer.

He bought his home.

He's sitting behind Jack Warner's desk.

He's throwing parties in Cannes with Graydon Carter.

Like, this is a guy who was always...

barely a cable magnet over at the NBC side and always wanted to be a Hollywood guy.

And so I think he went into this striking a deal with John Stanky, who I think is still CEO of AT&T.

And John Stanky very clearly wanted to just get rid of this and was like, fine, we'll give it to you.

And I think when you look at the original plan that David Zaslav had for what HBO Max was