Rachel Metz

So that's coming up fast.

And I think this is another signal that, you know, big transaction potentially could be coming down the pipeline sooner rather than later.

You know, they changed that compensation package to account for all these different possibilities.

You know, whether it's a sale of the whole company, whether it's a partial sale, or potentially if there is no sale and the company goes through with its original planned spinoff of the cable networks from the studio and streaming business next year.

Depends on who the bidder is.

I mean, Paramount Skydance clearly wants the whole thing.

They're happy to take the cable networks that would fit in with their portfolio and give them additional scale.

But if you're talking about Netflix, they have no interest in the cable networks.

They just want...

you know, the studios business, the library, the HBO Max side of things.

Comcast, you could see maybe going either way.

Yeah, the deadline for the first bids is a week from yesterday, Thursday, November 20th.

We think these three companies are going to submit bids.

And Warner Brothers Discovery is saying that they're hoping to get this decided one way or the other by the end of the year.

So we at least now have a very concrete timeline for how they're going to deal with these bids.

They've been out there meeting with the bidders, presenting their financials, going through the library and plans.

So this is happening quick now.

We found that this is happening and has happened to all kinds of people.

I mean, most of the people that we spoke with were based in the US, but we found through talking to people that there are men and women in all different parts of the US, in different countries, Canada,

in the UK and many other countries besides who are dealing with this.