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2 days, 8 hours ago Edited

This is one of the strangest deal environments I’ve ever seen in media. Hostile bids always come down to one thing, money. Shareholders don’t care about anything except the exit price, and Netflix walked in with a $5 billion breakup fee. I’ve never seen anything like it. When politics start mixing with finance at this level, nothing is normal anymore. If you’re Paramount, the best home is Netflix - global distribution, premium pricing power, and the ability to attach content to the world’s dominant streamer. Whatever happens, somebody is walking away with $5 billion in their pocket. That's massive.
This is one of the strangest deal environments I’ve ever seen in media. Hostile bids always come down to one thing, money....

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