Uni_VS

“Kids don’t want to win Oscars, what they want is to be Top 10 of whatever people pretended to watch while scrolling their phones” - this guy’s a fckn genius

Everyone thinks this is about Netflix getting HBO and Harry Potter. Netflix is eliminating their last remaining competitive threat. Warner Bros. Discovery is the only scaled content factory left that remains independent. They produce 30+ scripted series annually for external buyers, run the second-largest streaming service by content spend, and control DC, Harry Potter, HBO, and CNN. Paramount buying WBD creates a combined entity with Paramount+, Pluto, and HBO Max that suddenly has scale to compete with Netflix. Comcast buying WBD merges NBC Universal with Warner Bros and creates a true Disney competitor with theme parks, theatrical distribution, and streaming vertically integrated. Netflix acquiring WBD removes the last piece that could be assembled into a Netflix killer. Look at the bidding structure. Paramount offered $27/share for all of WBD. Comcast proposed an NBCU merger. Netflix offered $30/share for just the studio and streaming assets, leaving declining linear cable networks behind. They’re paying a premium to acquire only the parts that matter while avoiding $15B in legacy debt. The regulatory dynamics favor Netflix in ways nobody is pricing. DOJ blocks horizontal mergers between direct competitors. Paramount buying WBD merges two major studios. Comcast buying WBD combines two theatrical distributors. Those are clean horizontal mergers DOJ blocks automatically. Netflix is buying vertically from streaming into production. The regulatory concern centers on Netflix controlling Warner Bros content then restricting competitor access. Netflix solves this by committing to license WBD content to other platforms for 5-7 years post-merger. The concession costs nothing in year one, buys approval, then commitments expire and Netflix owns the IP outright. The second-order effect nobody is discussing: if Netflix closes this deal, Disney becomes the only other streamer with comparable owned IP. Everyone else—Paramount+, Peacock, Apple TV+—becomes subscale overnight. You either own a century of franchise IP or you’re licensing from Netflix and Disney at whatever price they set. Warner Bros Discovery carrying $40B in debt makes them un-mergeable with anyone except Netflix. Paramount already carries $14B in debt. Comcast would inherit massive liabilities. Netflix has $6B net debt on a $380B market cap. They’re the only bidder with a balance sheet strong enough to absorb WBD’s problems. The 5% stock drop reveals Wall Street pricing execution risk over regulatory risk. Investors believe Netflix can get DOJ approval. They’re questioning whether Netflix can integrate theatrical distribution and operate legacy studio infrastructure they’ve avoided for 15 years. Netflix locked themselves into either owning a debt-laden legacy studio or writing a $5B check for nothing. The only question is whether Netflix just paid $20B to prevent someone else from building a Netflix competitor, or whether they paid $5B to watch Paramount do exactly that.

Hello everyone! We just passed 5k followers, thank you. I’m not really used to doing giveaways, but here we are. To celebrate the milestone, I’m giving away this beautiful wool–cashmere overcoat made in England. Since people generally repost far less than they like, using reposts will naturally keep the number of entries lower. So if the measurements (see comments below) work for you and you’re interested, just repost this. I’ll pick someone at random tomorrow at the same time. Shipping is on me, just make sure you live somewhere with a functioning postal system. Thanks again for the support, Truly.

This man ran the most impressive campaign we’ve seen in years. Impeccably authentic, artfully produced and quietly powerful 👏🏽 Lessget it Mr. Mayor

@jakewoolf Thrifting and shopping second-hand (eBay, postmark, depop) will have you abandoning retail forever. $8 90s cotton pants + $20 worth of tailoring will have you in trousers that are constructed better and fit you right for the price of a Jersey Mike’s sub.

idk call me crazy but I feel like a blanket overnight price increase of 10 percent for all clothing is probably bad for the economy companies have to choose now between either this or cutting costs to keep prices, meaning consumers will get shittier quality for the same price

@crucial_anansi @sillierdeadite It was this role that made me believe he’d play a perfect Q in whatever comes of the new Bond

@sillierdeadite I have to say David Jonsson’s star making performance was as Andy in Alien: Romulus

the year of star-making performances

Gonna need @dieworkwear on this. Euros with ties and chelsea boots, Yankees in open collars and sneakers

@VicLombardi @AltitudeSR @AltitudeTV Much love Vic 🖤 warm glass of red wine when you get back

I’ll be in and out the next couple weeks. Headed north to evict an unwanted guest. September is prostate cancer awareness month. Be aware, men. Get checked. @AltitudeSR @AltitudeTV

Good to see a crowd fully turn on Novak. The good old days

Still here hoping we can see Maya Hawke as an eco-terror Poison Ivy in @JamesGunn DCU

@gabby_excel8 Yes! Check dm

@TimHickson1 Caligula marched soldiers to the sea where he ordered they stab the ocean in declaration of war against Neptune, and after had them collect seashells as a symbolic victorious trophy. People often carved their names into coliseum seating and brought grills to cook meats.

I am gonna do so much thinking about the Roman Empire Gimme your best Roman Empire facts and hot takes

It’s undeniably a top 5 ballpark in Major League Baseball, but when is this city gonna be ready to have a serious conversation about what’s happening at 2001 Blake St. Feels like it’s gotta be soon cause what the fuck?

Mood:

@nuggets teaching Avs fans to learn to love again

Goddamit Mikko y u do this

What happened to swallowing the whistle in a game 7

@VicLombardi Right down Main Street.. gotta wonder how many times they saw that in practice and still don’t have an answer 😭

OMG Mikko

Lehky and Val absolutely needed to find the back net, huge period for the scoring lines. Makar still fighting the puck, but Toews playing out of his damn mind #goavsgo