Lou Whiteman

Worry about long-term financing.

It'll come together.

They can handle it.

It does give them less flexibility.

Yes, that's what debt does.

But you're less flexible if you get a mortgage.

I think what you demonstrated, none of us know what they're going to do.

But yes, there is a lot of optionality.

I mean, whether it's going to be tiers or tiers, right?

You know, that's what we'll have to see.

But look, I mean, arguably, HBO does have a reputation as a premium brand that you could charge extra for.

I don't know if Disney has that, you know, so I do think that ESPN would be the site.

Well, yeah, but not in entertainment.

So, you know, there are there are unique assets.

The answer to your question is none of us know, but it points out the fact that we are judging this deal based on the Netflix of the last few years and how they have operated.

We are not really thinking about their optionality of the future.

And I've said this before, but I will...

As a shareholder, I will trust this particular management team to have a plan and figure it out more so than I would almost any other management team in this industry.

I don't think we should be too Pollyanna.

This changes the company.