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Kara Swisher

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
21228 total appearances

Appearances Over Time

Podcast Appearances

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

The battle for Warner Brothers is continuing.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

And as Paramount continues to fall downstairs on this in doing dealmaking, Paramount filed a lawsuit against Warner Brothers and its CEO, David Zaslav, this week, trying to get them to turn over details of their sale process and the Netflix deal.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

Warner Brothers is calling the lawsuit meritless.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

Paramount also announced plans to nominate its own slate of directors to Warner Brothers board to vote against the next deal.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

This is very typical in these fights.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

Netflix is making some moves ahead of its own, reportedly amending its offer to an all-cash deal, very savvy, which could speed up the process significantly.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

The stock is down, so it makes sense, and it makes it more attractive and gets that problem out of the way, the stock declining.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

I'd love you to talk about the board dynamics.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

I talked to Bill Cohen last night, and he was like, I don't understand why you would sugar, give the money, give $34 a share, you don't do vinegar here.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

after doing so many stupid things in this deal.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

And actually, let me note, lengthening the timeframe, because if martial law doesn't happen, Trump loses the House and the Senate, this deal is fucked for the paramount people.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

So the timeframe is really bad for them at this point.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

They're taking too long to get this.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

If they got their hands on this, Trump will be

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

damaged by the time and unable to help them.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

But what do you think of this proxy strategy?

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

You've been in the middle of these things a million times.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

You were on the board of Eddie Bauer?

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

I forgot.

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Trump Threatens Insurrection Act, Paramount Sues Warner Bros, and Apple Teams Up with Google for AI

It just made sense.