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December 8, 2025 8 mins
ABC's Alex Stone reports that Paramount wants it all!
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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
It's warmer now that it will be for the highs
on Saturday and Sunday.

Speaker 2 (00:04):
Oh yeah, well I know I'm not laying that at all.
We are.

Speaker 3 (00:10):
Yeah, last thing I need now is to hear from
anybody in a warm climate.

Speaker 2 (00:13):
They just tick me off and right on. Cue here
he is Alex Stone ab.

Speaker 3 (00:21):
Eighty four right now?

Speaker 2 (00:23):
And what did you just say to me?

Speaker 3 (00:25):
Eighty four?

Speaker 2 (00:26):
It's eighty four degrees.

Speaker 1 (00:28):
I were a flee sin this morning, but I've taken
it off now excided.

Speaker 3 (00:31):
Now it's the time.

Speaker 1 (00:33):
Yes, tonight we'll be getting down to a low of
fifty two. It's going to be very cold sonight. We
don't allow that kind of talk on the radio. Buddy,
We're gonna have to dump all of that. That's just
that's just nasty talk, right.

Speaker 4 (00:46):
Yeah, okay, Well did you a switching gears here?

Speaker 2 (00:53):
Did you? Is there? And I know you're a college
football guy.

Speaker 5 (00:57):
Sure?

Speaker 3 (00:57):
Yeah, sorry about.

Speaker 2 (00:59):
Sure you are? Sure you're you sound real sorry about that?
You d gone it. It's eighty four there and you're
making fun of us.

Speaker 3 (01:07):
I'm not making funny. I'm so sorry.

Speaker 2 (01:10):
You're not sorry, No, you're not.

Speaker 4 (01:13):
Well, yeah, I'm telling you most of this region. Alex
is in shock, like you know the reason? Yeah, well,
and the problem is we're so used to winning. You know,
it's almost embarrassing, you know when it's because like I
was like, what am I going to do? Like after
the it was really sad. And what's really sad is

(01:35):
that I was actually saying.

Speaker 2 (01:36):
That to myself. I'm like, what am I gonna do?
It's like, oh, shut up, what do you mean? What
are you gonna do?

Speaker 4 (01:40):
They lost, and you know, move on and we're still
in the playoffs and we still get a first round
by and blah blah blah blah.

Speaker 3 (01:46):
Blah, they're still gonna play.

Speaker 1 (01:47):
But yeah, I mean it, when whether be college football
or anything, begins to wind down, it's like that feeling
of what am I doing?

Speaker 3 (01:54):
What am I doing?

Speaker 2 (01:55):
Yeah? Yeah, So I was just stunned, I said.

Speaker 5 (01:58):
The Queen looked at me and she goes, you okay,
and I'm like, I'm gonna need a bigger sandwich.

Speaker 2 (02:04):
Plus with it being thirteen to ten, it was right there.
I mean, it was right there in our fingers.

Speaker 4 (02:10):
It's see it going the other day, right, And it's
not like it's not like at any point I was like, well,
I mean, you know, there are four touchdowns ahead now,
not likely we're gonna catch up. I mean the fact
that it was like right there, our defense kept us in.
It kept us in, It kept us in it.

Speaker 2 (02:26):
But you know that.

Speaker 1 (02:28):
Wouldn't you rather be that way than a blowout where
there's no reason to watch the game and it's boring
and you know they're going to lose the entire time.

Speaker 2 (02:34):
Yes, I would rather it be that way.

Speaker 4 (02:38):
And then also what I think that helped facilitate too,
is that we only went to number two with regard
to the playoff polls, and so we still got a
first round by and that's really what I was kind
of after.

Speaker 2 (02:49):
I'm like, man, I hope they don't slip us into
number five.

Speaker 4 (02:51):
Then we had to play the first round, and you know,
it just completely changes everything.

Speaker 2 (02:56):
So yeah, I am thankful for that part of it.

Speaker 4 (03:00):
And who knows, we might end up seeing Indiana again
during these playoffs and get another crack at him, because
good luck beating us twice.

Speaker 3 (03:07):
In one day. Mad then' they're ready.

Speaker 4 (03:10):
Right right exactly? I am gonna make you jealous. Now
with regard to gas prices, I just wanted to throw
this in there. I paid two to three gallon.

Speaker 3 (03:20):
Pipe.

Speaker 1 (03:22):
Yeah, I was happy with the like four eighty I
was paying the other day.

Speaker 2 (03:26):
Yeah yeah.

Speaker 4 (03:27):
Yeah. Well, so enjoy your warm temperatures and also and
also your elevated.

Speaker 2 (03:33):
Cost of gasoline.

Speaker 3 (03:36):
Yeah.

Speaker 4 (03:36):
Anyway, so this is speaking of a lot more money
as far as money goes. Paramount launching this hostile bid
for Warner Brothers. We thought it was a done deal
with Netflix, but I guess that's like I'm confused over this.

Speaker 3 (03:50):
Well, yeah, I think everybody is.

Speaker 1 (03:52):
This is the Taco Hollywood right now, and everybody's got
their view on if Netflix would be good or bad.

Speaker 3 (03:58):
The President Trump.

Speaker 1 (03:58):
Has weighted in, and the President met with Netflix CEO
Ted Sarandos in the Oval Office. He's calling me a
great man, but says this could be too big of
a deal when they started looking at anti trust kind
of stuff. But one of the big investment firms we
now know today in the Paramount deal is led by
Jared Kushner and the Kingdom of Saudi Arabia and by Cutter.
So there is big money, big influence behind all this.

(04:22):
Ellison family close to the president that everybody knows that
whichever one they go with to get the approval through
the DOJ and anti trust that they're going to need
the President's approval. But basically Netflix offered just shy of
twenty eight dollars a share. Warner Brothers went for that unanimously,
their board saying this is what they wanted and telling
shareholders vote for that. But Paramount saying, wait a second,

(04:44):
we offered thirty dollars a share, two more dollars a share,
and you didn't even call us back that We never
got a phone call back. And so now they're doing
a hostile bid for Warner Brothers. And today Paramount CEO
David Allison, he was on CNBC sand what.

Speaker 6 (04:57):
We're creating by putting these two companies together is competitor
to Netflix, a real competitor to Amazon, a real competitor
to Disney, not something that is so anti competitive. There
will be no more competition in Hollywood if this deal
is allowed to come to beat.

Speaker 1 (05:10):
So now the president or the Paramount bid would be
for Warner Brothers and all their other stuff that Netflix
doesn't want. Netflix wants the content, They want the IP,
the intellectual property that they can make things out of
and get to own the rights, so they don't want
HBO and HBO Max and CNN and the film studios
and all that paramount. Says they do want that stuff.

(05:33):
They would pay more, but they would get more. Netflix
wants to pay a little bit less and not have
to deal with all the other stuff. But Warner Brothers
board Day is saying today that they're telling shareholders their
view does not change. They stand behind Netflix. They want
that deal. A little while ago, Netflix CEO Ted Sarandos
say he was at the UBS Global Media and Communications
Conference in New York. He sounded like it was a

(05:53):
done deal.

Speaker 3 (05:54):
It's not. Maybe it will be Netflix in the end.
Not yet a done deal, but he sounded like it was.

Speaker 5 (05:58):
We are going into a deal that we are really
excited about. We think this deal with Warner Brothers is
good for shareholders. I think it's good for consumers. We
think it's good for creators. We think it's great for
the entertainment industry as a whole, because we're creating and
protecting jobs in production.

Speaker 1 (06:13):
There are a ton of anti trust concerns around the
whole thing of Netflix owned Warner Brothers as well. A
dominic patent executive editor of the Hollywood side deadline. He says,
you got to understand how big of a deal this is.

Speaker 5 (06:23):
The amount of content, the amount of platforms, the amount
of eyeballs involved in this is megabox.

Speaker 1 (06:29):
On a mega level, the Netflix offer would be worth
eighty almost eighty three billion dollars. It would be the
biggest sale of a Hollywood studio ever.

Speaker 3 (06:37):
It would combine Netflix.

Speaker 1 (06:39):
With the likes of DC Studios, of Harry Potter, all
of it.

Speaker 3 (06:43):
It would be a big deal.

Speaker 1 (06:44):
Simply put, you take Netflix, the biggest streamer in the
country and in the world, with the third biggest streamer
in the country, HBO Max, and you do have more than.

Speaker 2 (06:51):
Fifty one percent of the streaming audience.

Speaker 1 (06:53):
Said today, Warner Brothers is telling shareholders do nothing at
this moment while it gets figured out. They're standing behind Netflix.
But Mountain says Warner Brothers should be theirs because they
have a stronger offer. They want to pick up more stuff.
It sounds like Paramount's board is meeting right now to
potentially go up even higher than thirty dollars a share.
So this point's unclear how it's going to go. But
it's this gamesmanship and pedaling for influence in DC of

(07:17):
the White House. There's so much involved in a lot
of money.

Speaker 4 (07:20):
Well, I'll tell you, if Netflix is right in a check,
they better get two forms by d just to make sure,
because that's a big check, eighty four billion dollars.

Speaker 2 (07:28):
That is, it has a lot of money. Oh my gosh, man,
that is crazy.

Speaker 4 (07:33):
It sounds like this is far from over as you
would probably imagine. I felt like too, It wasn't going
to be that easy. But it's interesting that Netflix, I
mean really, as Warner Brothers, I don't even know how
they would facilitate that, like doing like okay, intellectual property
to you guys, and then the other stuff CNN.

Speaker 1 (07:50):
What do they do with HBO and HBO Max and
CNN and all the films. Warner Brothers studio itself is
a historic studio where I mean a lot of the
big TV shows have come out of over the years.
Think Friends, Think Gilmore Girls. I mean, they've got all
the sets in the downtown, and you how to deal
with that? Who buys that? That would be a totally
different thing. Yeah, girls, I love that show. I'm in

(08:12):
touch with my feminine side.

Speaker 3 (08:14):
My wife and my daughter are watching that every night.

Speaker 2 (08:16):
Right now. I loved show.

Speaker 4 (08:18):
So Alex, you're saying Paramount does want like the HBO mats,
they want all of it, Yeah, but they would want
the intellectual property as well.

Speaker 3 (08:26):
Yeah they want all that. Yeah.

Speaker 1 (08:27):
They they're saying, we'll just write you a bigger check
and we'll take every
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