Maggie Eastland

Yes, so NVIDIA has said that these smuggling claims are a bit far-fetched in its own words, and while it investigates every tip it receives, it hasn't seen evidence of this.

So, I mean, I think the kudos have to go to Zaslav for creating this auction for an asset that's worth $12.

We're now at $30 a share.

And now we've heard over the tape this morning that both Paramount and Netflix have said they could go higher.

So, so far we have a 300% premium over what the assets were trading yesterday.

at before the auction rumors.

So, first of all, kudos to David Zaslav and the Warner Brothers team for selling an asset dear.

In terms of who wins, you know, we are much more sanguine about Paramount's, or P-Sky is its ticker,

regulatory ability to get it through the Trump administration.

We think that there are real issues with Netflix being successful, not only with Hollywood talent who see this as anti-competitive, I sit in Hollywood, as anti-competitive,

Especially because Netflix has said repeatedly it does not believe in the theatrical box office release window.

And so all of Hollywood is scared to death that if suddenly Netflix owned Warner Brothers that within five years they would stop releasing films in the theatrical box office.

which is why we've seen pressure on the exhibitors also.

So I think Hollywood is really negative, or let me say it this way, much more negative about Netflix taking over Warner Brothers than Peace Guy.

So I would say that.

And on the money side...

Right.

So, I mean, I'm comparing the trading price for WBD, Warner Brothers, for like a year, essentially.

It was falling and it hit about a $12 price before the first rumor of a P.Sky bid started the stock moving up.

And then I can't remember the Larry Ellison first bid or the David Ellison first bid, but now we're up at $30 a share for the whole thing.