Matt is joined by Bloomberg’s Lucas Shaw and LightShed’s Rich Greenfield to discuss the report that David Ellison is interested in making a majority-cash bid to acquire Warner Bros. Discovery. Matt, Lucas, and Rich discuss why Ellison is doing this now after just acquiring Paramount, whether a merger like this is even possible, the ramifications of the continued consolidation in Hollywood, how valuable Warner Bros. is to Ellison, and what else Ellison could buy (02:50). Later, Lucas and Matt recap the 2025 Emmy Awards, highlighting their winners and losers and, most importantly, which after-party had the best food (25:43). For a 20 percent discount on Matt’s Hollywood insider newsletter, ‘What I’m Hearing ...,’ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠click here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Email us your thoughts! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠[email protected]⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Host: Matt Belloni Guests: Lucas Shaw and Rich Greenfield Producers: Craig Horlbeck and Jessie Lopez Theme Song: Devon Renaldo Learn more about your ad choices. Visit podcastchoices.com/adchoices

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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