Richard Deitch
👤 SpeakerAppearances Over Time
Podcast Appearances
It was like essentially the worst business merger in the history of America.
And a ton of people lost their jobs.
So that's what will happen.
Generally speaking, you will see people at Warner Brothers Discovery or CBS lose jobs.
We may not know their, they may not be front facing.
So they may not be famous people per se, but there will be people who lose jobs.
And then inevitably the consumer usually pays
somehow at the end of this because the sports rights go up and they're going to pass that on to the consumer.
So if you have something like Paramount+, I would expect the price of that two or three years from now to go up.
Generally speaking, when it comes to media mergers, the consumers end up paying and people lose their jobs.
That is just a history of what happens and that's what I'd bet on.
Yeah, the winner of all this is Rob Manfred who just used the gif basically of the guy like throwing money into the air and like catching it because that's what MLB has always done.
They don't really have a consumer-friendly national policy.
You have to have multiple different outlets to watch all this stuff.
Now, away from the traditional greed of all sports organizations, I think some of the names you mentioned are great.
I love Adam Amin, like you guys do.
I'm a big, as we say in wrestling, I'm a big Jason Benetti mark.
I think that was a great hire by NBC.
You guys obviously know him in your market for his days with the White Sox.
That's a great hire, and that feels already to me like a big broadcast opportunity.