Spencer Soper

So the activity is really going to pick up this evening before midnight and the deals close.

But so far, we are seeing that patience is paying off for people who waited for Cyber Monday.

Discounts averaging, I think, 31%.

according to Salesforce on Cyber Monday.

And that compares to about 27, 28% on Black Friday.

Yeah, it's not exactly an apples to apples comparison.

You know, obviously Netflix and Comcast want just the streaming studios, whereas Paramount is seeking the whole company.

You know, I think the big question is, can David Zaslav get the $30 a share he's after?

You know, there's been some skepticism that the bids will come in that high.

I think all of these companies, you know, they're looking at the future.

It's going to be an incredibly competitive landscape.

They feel like they need these assets to compete with all the other distractions online, the, you know, YouTubes, the TikToks, everything.

So, yeah, it's going to be a big deal.

And I think it remains to be seen.

Will they meet what Zavlov wants?

Yeah, I think part of it is just how they're going to finance it also.

Apparently, they want more cash versus stock.

Will there be breakup fees?

All of these companies face pretty big regulatory questions about whether or not these deals... I mean, Netflix has the number one streamer.

You'd be getting HBO Max assets, which would be the number three streamer in the market.