Matt Belloni

This is a pre-litigation letter that was sent today from Paramount to Warner Discovery saying, look, guys, we're on to you.

We saw that one of your executives was meeting with regulators in Europe

And there was a German newspaper report saying that they were lobbying for them to try to block this deal.

If the Ellison's have the inside track in the U S Warner discovery was supposedly going to Europe to try to head it off there.

And they're like, that's not fair.

If you are in bed with Netflix, I mean, Ted Sarandos, the head of Netflix and David Zaslav at Warner's, they were at a UFC match together.

Not, you know, two months ago, they're friends.

If this is being directed to one company, uh,

Over us, we are going to sue you.

And that letter was directed at the independent directors of the company, the people on the board who are not hand selected by the investors there.

They are the ones that are afraid of getting sued because if they go along with a plan that does not serve the shareholders, but serves management, then they are liable if they are sued.

Now, I'm not saying that's correct.

You could argue that Netflix just put in the most money.

They're offering the most money here from all the reporting.

And if that's the case, then maybe they're just going to go with the highest bidder.

But if there is something sinister going on, there could be litigation.

Even if Paramount just thinks that there's something going on, there could be litigation that spurs out of this.

You do.

Do you know David Zaslav?

Do you know David Zaslav?