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44 segments
The one element that I will say is
interesting is Paramount or at least the
the Larry Ellison fund I know is like a
certain percentage owned by uh Saudi
sovereign wealth fund and so there are
some regulations around how much
>> US broadcast
news can be foreign owned. So there's
that element too. I don't know from a
legal standpoint. I could be totally off
base here, but I'm just like so anti-
businesses growing through monopoly
tactics whether or not
>> So, but I don't think this is a
monopoly. That's the thing because
they're combin
>> you know the problem is I actually know
a little bit about this.
>> Yeah, please.
>> Netflix dominates this business. Just I
mean just freaking dominates it. It's
the only company whose streaming
business is very profitable. So there'll
be a couple of other streamers who who
will get profitable and that's it. Yeah.
So I think you want Paramount and and
Warner Brothers to merge because you
don't want the whole business to be run
by Netflix,
>> right? And it there is it's interesting
too cuz if you can kind of separate I
think there's an argument to be made for
the that that I'm with you on in terms
of like the movie production and stuff.
But the other the other thing that's
interesting is like what happens when
CNN, CBS, uh all these news outlets plus
Larry Alson also owns Tik Tok. So there
is like a question around like
>> the way that people get their news and
like is it valuable for the American
consumer to have a diversity and like
where that news comes from corporately?
I don't know.
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This discussion examines the potential merger between Paramount and Warner Brothers, highlighting the competitive landscape against Netflix and concerns regarding media consolidation and news ownership diversity.
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