Lucas Shaw

You have Paramount, which owns CBS, which he exempted, because I think he likes them, as a potential suitor, and then Netflix, which doesn't own a broadcast network.

And then you've got the consolidation in the local television station space, which is what Brendan Carr has been calling for.

But Brendan Carr sees this almost as a check against the networks, because the more power that the station owners have, they can actually potentially win in negotiations with the network.

So I'm not really sure whose side he's on here.

You assume that Brendan Carr is pushing the agenda that he is because Trump supports him, because that has generally been his MO.

But I guess we'll find out more as this sort of plays out in public.

Yeah.

Yeah.

So Netflix, Comcast and Paramount all submit bids on Wednesday.

Excuse me, Thursday.

They've done a very good job of keeping the content of those bids quiet.

We've tried to get some information.

Others have as well.

I mean, we know sort of the general trend.

framework.

We just don't know the pricing.

Expectations are that the Warner Brothers Discovery Board will review those bids or has reviewed those bids.

They'll go back to the three companies and say, you know, we need more here, we need less there.

And it is also, my understanding, is still open.

So if someone else wanted to come in and make an offer, they are still able to.