HomeVideos

Streaming and monopoly tactics. For more from this episode, subscribe to our Substack!

Now Playing

Streaming and monopoly tactics. For more from this episode, subscribe to our Substack!

Transcript

44 segments

0:00

The one element that I will say is

0:01

interesting is Paramount or at least the

0:04

the Larry Ellison fund I know is like a

0:06

certain percentage owned by uh Saudi

0:10

sovereign wealth fund and so there are

0:12

some regulations around how much

0:15

>> US broadcast

0:18

news can be foreign owned. So there's

0:20

that element too. I don't know from a

0:22

legal standpoint. I could be totally off

0:24

base here, but I'm just like so anti-

0:29

businesses growing through monopoly

0:31

tactics whether or not

0:32

>> So, but I don't think this is a

0:33

monopoly. That's the thing because

0:35

they're combin

0:36

>> you know the problem is I actually know

0:38

a little bit about this.

0:39

>> Yeah, please.

0:40

>> Netflix dominates this business. Just I

0:42

mean just freaking dominates it. It's

0:44

the only company whose streaming

0:47

business is very profitable. So there'll

0:49

be a couple of other streamers who who

0:51

will get profitable and that's it. Yeah.

0:54

So I think you want Paramount and and

0:56

Warner Brothers to merge because you

0:58

don't want the whole business to be run

0:59

by Netflix,

1:00

>> right? And it there is it's interesting

1:01

too cuz if you can kind of separate I

1:03

think there's an argument to be made for

1:05

the that that I'm with you on in terms

1:08

of like the movie production and stuff.

1:09

But the other the other thing that's

1:11

interesting is like what happens when

1:13

CNN, CBS, uh all these news outlets plus

1:17

Larry Alson also owns Tik Tok. So there

1:19

is like a question around like

1:22

>> the way that people get their news and

1:23

like is it valuable for the American

1:26

consumer to have a diversity and like

1:28

where that news comes from corporately?

1:30

I don't know.

Interactive Summary

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.

Suggested questions

3 ready-made prompts