Pablo Torre

This is good.

It's cool.

It's exactly how I want information.

Except for Warner Brothers, potentially.

Mike, I wonder if you have a rooting interest.

Like, who do you want to win this contest?

Who would you rather own Warner Brothers and all of its assorted assets as a raid across news and entertainment?

Yeah, the term I think of when it comes to, like, what should this slogan politically be, and I think about this because Lena Kahn's been a guest on our show a couple times, and she has been the most effective...

both political figure as the former chair of the FTC, but also I think one of the most effective communicators because her whole thing, the reason why she is very bizarrely really liked by like Steve Bannon and people who claim at the very least populism as well as quote unquote, you know, whatever, the left,

The libs is because competition is the thing that we have forgotten as this priority for what it means to have even a vaguely functioning capitalist system.

The question of what happens when there are two buyers or one buyer, like the prices will go up.

They will have to care less about the product they're delivering to you because you don't have the alternatives.

And so what is the lesson from sports that can be applied to entertainment?

Again, it's that more competition is probably a virtue when it comes to what anything resembling a marketplace is like.

And then...

To answer the question Mike posed, Joe, Ted Sarandos was speaking, answering the question of like, what about HBO?

What about the brand that earns the thing's awards that I can't just buy?

He's speaking at the UBS Global Media Communications Conference.

Oh, I missed that.

I was going to go.