The Netflix Paramount Media Money Muddle

Stay tuned

It was quite comedic to watch the reaction to the news at the end of last week that Netflix had won the bidding to take over Warner Brothers. There was indeed much celebrating. There as also quite a bit of consternation. The celebration was primarily because there is an abundant school of thought that no one wanted Paramount, now essentially another tentacle of the Trump administration, to win.

CleanShot 2025-12-09 at 14.59.44@2x.

I didn’t bite on the news celebrations or the consternation being the final chapter then. Of course it wasn’t. The Netflix bid parlayed out to $72 billion. On Monday, Paramount Skydance launched a hostile all cash takeover bid of $77.9 billion.

There’s only a roughly $5-6 billion difference between the two bids, but the Paramount bid seeks to swallow up the pieces of Warner Brothers/Discovery that Netflix apparently wasn’t interested in, including media properties such as CNN, TNT Sports, and Discovery. Netflix’s bid was for Warner’s Studio and HBO’s streaming business only. Note that Warner Brothers had previously announced that it planned to split up the combined businesses in just that vein.

So, what does it all mean?

First, it means a lot of lawyers and lobbyists are going to make a lot of money. There are political, marketplace, and money pieces moving around the board in what looks to be quite a saga that I imagine Hulu will end up making a series about within a couple of years.

Netflix is after the content. And the control. Ben Thompson has an excellent run down on that, and why Netflix’s delivery system makes it make sense. Netflix has created quite a war chest for its bid (which is both cash and stock), by building a relatively slick distribution system to deliver its already abundant content, plus whatever it continues acquiring. (How many TV remotes are there without a Netflix button these days?)

Paramount Skydance CEO David Ellison’s all cash bid includes quite a few players including his pop, Larry Ellison, both of whom are Trump supporters, as well as outlays from sovereign wealth funds of Saudi Arabia, Abu Dhabi, Qatar, and also Jared Kushner’s Affinity Partners. Without those partners Paramount, valued at around $15 billion, would have a hard time competing with Netflix’s roughly $400 billion war chest. (The Wall Street Journal has a decent rundown on more of the money specifics.)

Second, it means what was already a muddle the way most of these kind of things are, will get muddled up even more due to the politics of the moment. I’ll disagree with Ben Thompson’s analysis that points out that the President doesn’t have final say on this. That may have indeed been true in a past we’re no longer living in. Those old rules no longer apply. As we’ve been learning everyday since January 20, 2025.

Third, Hollywood also has its concerns. The traditional studio power structure is not enamored of Netflix and its heretofore disdain for theatrical releases, which also brings movie theatre owners into play. I’m not sure if the Netflix bid means the death of Hollywood as some claim, but it certainly would shift the pieces, the game board, and the power structure as what began as a tech company could end up controlling much of what we see on our smaller silver screens.

Big money is at stake obviously. But when big egos get involved the costs for everyone increase. Including those flipping through content consumption choices with their remotes.

Stay tuned. I’m guessing that Hulu series will be quite a watch when all is said and done.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.

Jimmy Kimmel’s Return: Grace and Strength

Perhaps a spark

Jimmy Kimmel returned to the air in some places last night. In my opinion, he did so with grace and with strength. 

He certainly didn’t give any ground as a comedian, continuing to needle the Trump administration and the two-faced chair of the FCC, Brendan Carr. But he also showed a great deal of grace given the moments he and we have all been through since this episode of life under a crazy emperor with no clothes. 

I’m linking to the video above with his opening monologue, because one way on the other the moment is a piece of broadcast and cultural history. The optimist in me hopes it will prove to be bigger than that, perhaps a turning point. The realist in me thinks we’re due for some sequels. 

Here’s hoping people and the cowardly CEOs have learned a lesson or two before the next sequel is given a green light. I’m not holding my breath on the latter. I have more hope for the former.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.

Disney Brings Back Jimmy Kimmel On Tuesday

We need a documentary about what happens in the writer’s room

In what seems like a reversal Disney is announcing that Jimmy Kimmel will be returning to the air on Tuesday night. That said, don’t count your resurrected comedians before the reruns are syndicated.

177530 0523.All we know is that there will be a spectacle on Tuesday night and in the run up to it. And certainly after the show is over. I’m sure whatever reactions happen in the next 48 hours or so will equal the polarized reactions we’ve already seen. Celebrities have been signing petitions and urging folks to cancel subscriptions, stay away from the theme parks and off of the cruise ships. Conservative politicians have been saying this is a bridge too far.

Of course the MAGAts have been celebrating in the wake of Kimmel’s suspension and gloating in the thuggish way it was done. I’m sure there will be teeth gnashing and hair pulling in the run up to the show. I’m also sure the writer’s room will be quite a show into and of itself.

No one comes out of this looking like anything other than bad. With the possible exception of Kimmel.

Here’s Disney’s statement:

“Last Wednesday, we made the decision to suspend production on the show to avoid further inflaming a tense situation at an emotional moment for our country.

“It is a decision we made because we felt some of the comments were ill-timed and thus insensitive.

“We have spent the last days having thoughtful conversations with Jimmy, and after those conversations, we reached the decision to return the show on Tuesday.”

Of course all eyes and ears will be on what Kimmel has to say on the show Tuesday. Perhaps he’ll reveal some of the names on the Epstein list.

Whatever happens it is just another page in this dark moment we’re living through. And while the entire episode is certainly serious on many fronts, I’m guessing there are more than a few laughs to be had. The only question in the end is at whose expense.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.

The Cowards and Greedy Captains of Industry

If you can’t take a joke…

Once upon a time things like free speech, freedom of expression, freedom of the press were considered hallmarks of what America stood for. That feels more and more like a fairy tale. The folks in control of the government keep ripping their claws into social and political fabric and turning America into some weird fascist and cultish state that worships a convicted felon and child rapist.

2021 11 08 smothers brothers alamy.

The latest outrageous move of the Trump administration is threatening ABC to take late night comedy host Jimmy Kimmel off of the air “indefinitely.” It’s a political move and a business move. It’s also a mob move.

Disney, the pseudo-family corporate parent of ABC, Disney made the move after one of the ABC affiliates, Nexstar Media said it was so offended by Kimmel’s comments about the recent shooting of Charlie Kirk that it would pre-empt the show on its stations.

Here’s the fun part. Nexstar is trying to expand its stable of channels and that requires FCC approval. You don’t need a crayon to draw your own conclusions because the thugs in charge are so transparent with their thuggery.

Day by day we’re watching what used to be called the Captains of Industry, academia, and the media drive their boats into what they presume is the safe harbor under Trump’s protection. That harbor is getting so crowded that no one is going to be able to sail out again. Forget the ship of state, the ships of commerce are running themselves aground. This will continue because once ground is given, the bully keeps taking. It’s a tale told too well.

This feels like a yet another power move and of course it requires power to pull off. But it’s actually the move of cowards who realize they are despised and have skin so thin that they can’t take a punch line from a so-so comic. It also requires what we once thought of strong business leaders to show their true colors as cowards. Captains of Cowardice fits more today than the former sobriquet of Captains of Industry.

Another president in another time, Lyndon Johnson, once said about the comedic and satiric criticism tossed at him by the Smothers Brothers.

“It is part of the price of leadership of this great and free nation to be the target of clever satirists. You have given the gift of laughter to our people. May we never grow so somber or self-important that we fail to appreciate the humor in our lives.”

Don’t get me wrong. LBJ was pissed. But he was man enough to rise above it, at least publicly. Those were tumultuous times then as well. These times are becoming not only tumultuous, but tortuous because of the daily drip of news like this.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.

Mainstream Media Continues to Dismantle Itself

MSBNC to become MS Now

It’s been an accepted part of conventional wisdom for quite some time that what we consider mainstream media is gradually fading away in the face of newer generations turning to other sources available on the Internet for news and entertainment. Heck, even some older generations are turning what used to be the dial.

MSNBC MS NOW name change.

The business models have suffered for a while now whether it’s print, broadcast or cable. The fading away has gained new and seemingly panicked momentum thanks to the depredations of the Trump administration, aided by the greedy cowardice of the corporations worried more about avoiding the wrath of the beast they helped create, than the standards they all proudly trumpeted for years. Those trumpets have largely fallen silent or just ring hollow.

The end of late night comedy shows captured a lot of attention recently, but eventually most broadcast scripted news and entertainment will also give way. Which is ironic given that the convicted felon largely responsible for this quickening pace came to prominence via Reality TV, which let me tell you is anything but reality and is very scripted.

Now NBC Universal, owned by Comcast, is making a move away from MSNBC, attempting to distance the Peacock from controversy by rebranding as MS Now. That little branding acronym stands for  My Source | News | Opinion | World.

Yeesh. I guess the marketing department was the first place they made changes. As a social media friend Judgment Dave says, “it sounds like a translation of something in Japanese that doesn’t translate well into English.”

It’s weird, yet it isn’t to hang onto the ‘MS’, given that MSNBC was birthed as partnership with Microsoft and NBC, long since dissolved. Somewhere Bill Gates is laughing because it also sounds like a software program delivered on a CD-ROM.

Whatever sturm and drang comes from this news of the moment, (news of the Now?) the bigger picture is that these troubled corporations, in what feels like desperate efforts to try and save themselves, are essentially hastening their eventual final curtains in the wake of current trends already overtaking them.

Some may lay blame on the rise of the Internet and mobile devices in every hand, but the fact of the matter is the smart folks at the top of these corporations missed the moment. Some eventually tried to make changes. Remember CNN Plus? But in my opinion their failures were less about the delivery mechanisms and more about the decline of the news and entertainment products that they delivered as the cost cutters held sway.

NBCUniversal isn’t done trimming the sails yet. Plans are in place to spinoff other properties as well (CNBC, USA, Oxygen, and E!).

Some will blame it on advertisers seeking the best way to reach customers. That’s mostly true, but ask podcasters how that’s going for them these days. Chasing advertising revenue is always a cyclical game for just about everything except sports.

It’s no wonder then that it feels like we see our politics more and more resembling blood sports. Of course the irony is audiences claim they want less, not more in that realm. What will be interesting to see in the next decade or so is how political advertising, which fills so many corporate media coffers sorts itself out, once the usual outlets fade away as they continue to play to ever diminishing audiences that keep spreading themselves wider and wider, attempting to flee the same old, same old.

Certainly ads will continue to be designed to run on social media and circulate that way. But the only folks making real money off of that trend are the political consultants and ad-makers.

I hope I’m around to see how my grandkids eventually consume what we once revered and respected as the news. I’ll regale them with what I imagine they will view as fairy tales and myths.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above. 

The Quest for the Unicorn AI Device

Hyping a tech war that won’t ever happen

Reporters love to declare war, crown winners and dismiss losers. Except of course when it comes to shooting wars and the rhetoric that often leads to them. But that’s not what this post is about. Tim Higgins of The Wall Street Journal, and his headline writers, are declaring that Mark Zuckerberg Just Declared War on the iPhone. 

I usually expect this kind of nonsense from the half-a-gazillion blogs and social media accounts out there that like to ginny up controversy to generate clicks. With AI glasses will clicks become blinks?

Now that I think about it, I’m wrong in my expectations because the WSJ, like most of the mainstream media is trying hard (too hard) to follow that pattern these days. It’s an easy game to play in the short term, but then so is the game of companies and governments making big announcements about the future. Remember the “pivot to video?” Remember “virtual reality?” The faux legs went out from underneath that pretty quick.

Higgins does and mentions those failures to capture marketshare beyond the initial hype and funding fevers. Nevertheless, he forgets a few simple things during his embedded tour on this march to the promise of “Personal Super Intelligence.” (That’s this fiscal quarter’s new label.) Zuckerberg might indeed be banging the war drums by propagandizing AI glasses as the latest form factor of mass destruction, but it’s too much hype without enough rhythm to marshall the troops. And to be fair, most of Higgins’ column is just regurgitating old news (AI summary?) that has been bouncing around in what passes for new news these days, tacking Zuckerberg’s recent announcement on as the headline war cry.

Bottom line in my opinion, we’re not going to see any new form factor take down iPhones, smartphones as a category, or computers, as the way we live, work and play in any near future. Folks have been waiting for all kinds of second comings for quite awhile now. I love how even the coming of advanced AI is now referred to as “near emergence.”

One day perhaps. Long after most of us interested in what this technological moment might eventually yield will have forgotten what Medicare and Medicaid were actually about. If and when that day arrives, the real clicks (blinks?)  will be in tutorials on how to turn off all of the notifications and other distractions and keep the tech from tracking you.

I’m old enough to remember when FourSquare came on the scene. The promise was you’d walk down the street and receive a notification from the coffee shop you just passed about the daily special. That never really materialized, but the tech was different then. Google and Waze later tried that and just annoyed any driver who stopped at stoplights looking for their next turn.

When the marketing survelllance mavens can figure out how not to send me ads for something I just bought I think there might actually be a chance for that kind of thing to work. A small chance, but a chance. But they’re not even close to that on the backend, let alone integrating them into some device that might pinch your nostrils after wearing them for too long.

Don’t get me wrong. I think it is indeed cool when companies create niche products that give some people joys and hobbies. Bits and pieces of that kind of innovation often creep into bigger things that do help our lives somewhere down the road. Even if they become creepy. Obviously I’d prefer they not become creepy, but that’s where the money is and the creeps always follow the money.

I’d much prefer to see the money and the hype meisters follow something like this that could probably actually help humanity. But even that kind of innovation can attract the creep factor.

Call me when a reporter can research, write, and submit for editing a column like this one I’m complaining about with a pair of AI glasses, an Alexa device, or a pendant, or any other smart device currently in the works.

Call me again, when the AI summary machines can actually deliver an accurate summarization of that article.

You can also find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above. 

Carole Cadwalladr’s Final Column for The Observer

But she hasn’t stopped observing.

A couple of weeks ago I linked to Carol Cadwalladr’s recent return to the TED conference to deliver a speech entitled This Is What A Digital Coup Looks Like. It’s worth a watch if you care about such things. Heck, it should be required reading if you care at all about what’s happening in our digital and non-digital lives. 

338cfa0c 2594 4944 9b79 5074a2e166c3_4032x3024.

This post is linking to her farewell column in The Observer, the Sunday sister paper to The Guardian and The Guardian Weekly papers in Britain. Like all media outlets it’s been through some things in recent years. The Observer was purchased late in 2024 and like all such transactions that prompted staff layoffs and terminations, including Carole Cadwalladr and a number of her colleagues. You can read all about that on in her post Fuckty bye in How To Survive The Broligarchy. I suggest you do that as well as read her final Observer column It’s Not Too Late To Stop Trump and The Tech Broligarchy From Controlling Our Lives, But We Must Act Now.

I happen to believe she’s fighting the good fight. That last column provides some excellent behind the scenes during her preparation and anxiety leading up to that recent TED speech, as well as some reactions she received while at the conference, including an interchange between her and OpenAI’s Sam Altman, in addition to making the important case she continues to make. 

She’s paying attention and raising alarm bells. We should too. She’s standing in the way. We should too.

You can find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above. 

Sunday Morning Reading

We’re all circling. We’re not listening. We should be reading.

Everything changes. Everything remains the same. Damnit. With that said, here is this week’s Sunday Morning Reading with links to articles worth sharing and perhaps pondering over. There’s a bit of satire, a golden toilet heist, and the evolving nature of a piece from draft to final polish. And, yes, there is politics. Everything changes. Everything remains the same. Damnit.

Let’s kick off with Tina He and The Last Human Choice. That link is to the final version of the story. I also strongly encourage you to check out the draft version she shared here.

Alex Reisner takes on The Unbelievable Scale of AI’s Pirated-Books Problem. The technical scale may indeed boggle, the human greed behind it is a story told too often.

The Apple Intelligence/Siri sucks discussion continues and will certainly do so for quite awhile. Andrew Williams in Wired says To Truly Fix Siri, Apple May Have To Backtrack on One Key Thing–Privacy. I hate to say it, but I think he’s right and wish he weren’t.

Good satire can often be hard to distinguish from the real thing. Eli Grober walks that line well in Sergey Brin: We Need You Working 60 Hours A Week So We Can Replace You As Soon As Possible.

John Passantino takes a look at the unraveling of Threads in Hanging by a Thread.

Clearing the throat and clogging up the arteries with a bit of political writing here’s James Thorton Harris with Imagine Deportation: When Nixon Tried To Pull A Trump On John Lennon. Everything changes, everything remains the same. Damnit.

In the category of “be careful what you wish for,” Phoebe Petrovic in ProPublica gives us How A Push To Amend The Constitution Could Help Trump Expand Presidential Power. We’ve already let quite a few demons out of Pandora’s Box, I’m not so sure we want to crack it open any wider.

Speaking of demons, Elizabeth Lopatto tells us How Trump And Musk Built Their Own Reality. Excellent piece.

John Pavlovitz says we all make mistakes in America Chose The Monster.

Mark Jacob always has a great look at the media, especially in this moment, In this one he examines When The Media Take MAGA Liars At Their Word. I mentioned to Mark that what infuriates me is not just the media taking him at his word–ignorance and stupidity know no bounds–but that they know better and report it out as if they don’t.

And to flush away politics Clodagh Stenson, Jonathan Eden and William McLennan tell the tale of The Inside Story of Blenheim’s Gold Toilet Heist.

Bringing my words at the top full circle, NatashaMH once again delves deep into the personal past through a contemporary moment (her reaction to the streaming hit Adolescence) in A Requiem For My Dreams. I’ll close with a quote from her piece about the series that applies to everything, everywhere all at once:

People say the series is about a new world that’s happening. Fuck that, ignoramuses. It’s about a world that has always been out there behind closed doors when ears weren’t listening

(Image from Ashni on Unsplash)

If you’re interested in just what the heck Sunday Morning Reading is all about you can read more about the origins of Sunday Morning Reading here.  You can also find more of my writings on Medium at this link, including in the publications Ellemeno and Rome.

Sunday Morning Reading

Reading to aid recovery is sometimes recommended.

This hasn’t been much of a week for reading because I’ve been down with a bout of pneumonia. Not fun. Consequently moments of clarity have been few and far between. When awake a few pieces caught my eye, so here’s links to share for  this week’s Sunday Morning Reading. Thermometer reading. Jonathan Mahler and Jim Rutenberg have put together one heckuva piece on the goings on in the Rupert Murdoch succession drama. It’s long, it’s full of gory details. It could have been a book. Of course most think it already was a streaming series. Check out ‘You’ve Blown a Hole in the Family’’: Inside The Murdoch’s Succession Drama.  McKay Coppins has published Growing Up Murdoch, which is essentially another shot in this rich folks’ war, this time from the point of view of James Murdoch, the supposedly better son. It’s surprising how totally unsurprising this is. Lots of things are being broken at the moment yielding anger, disappointment, and dismay. No sector of life or business is immune. Dominic Patten takes a look at how Dissent Grows At Disney Over Perceived “Capitulation” To Trump As DEI Initiatives Diminished.  It’s sometimes difficult to find good information in this dangerous moment we’re living through, because you never know what marching orders reporters and analysts are operating under, or what boots they’ve been licking in anticipation of a kick or kick back. Anne Applebaum is one writer you can always count on to nail not only the frame, but the stakes. Please check out Trump and Musk Are Pushing For Regime Change.  Matt Gemmell wrote a terrific piece about going Back To Mac after spending eight years using an iPad as his primary computing platform. This isn’t your typical preference piece of this type as Matt shows the attractions and flaws of both platforms and how they align with his way of working as it and he have changed. Here’s hoping someone at Apple reads this. A pot of coffee is a good start to any morning. But did you know How A Pot of Coffee Started An Imaging Revolution? Check out Alex Cooke’s excellent piece to find out. And to wrap things up this week check out NatashaMH’s A Walk Through Changing Times. We’re all doing that walk right now one way or another, even if laying in bed. If you’re interested in just what the heck Sunday Morning Reading is all about you can read more about the origins of Sunday Morning Reading here.  You can also find more of my writings on Medium at this link, including in the publications Ellemeno and Rome. *images used in Sunday Morning Reading are often generated via AI.

Reading List For The Moment We’re In

Good reporting and good info are getting harder to find in these dark times.

These are difficult, stressful, head spinning times. What’s happening politically is not only wrong and dangerous, it is made more so because it is increasingly difficult to know where to turn to find good information. Now that the “Main Stream Media,” previously derided by those now in power, has capitulated and chosen a different main stream to drown in, I imagine that challenge will only continue. Shutterstock 447706081. It’s challenging to keep up with the pace of events and some ask why bother trying given that those we’ve relied on in the past have either turned coats or can’t keep up themselves. My answer is simple. I’d like to know more about the disease is causing me pain. As is my habit, I follow a lot of sources. I’ve compiled and will continue to compile a list of those I find the most valuable. Some on this list cover news, some provide important context, and all are worth my while in my opinion. So, I’m sharing them here. I’ll add to this list as I discover other sources worth recommending, so you might want to check back every now and then. Mostly on a political front, Josh Marshall’s Talking Point Memo has always been an excellent source. It’s even more so now. Mark Jacob covers not only the politics but those that cover the politics in Stop The Presses.  ProPublica has been a go to source for me for a while and it should be for you as well. Their investigations provide important context, but it is not a breaking news source. Rolling Stone’s political coverage is solid reporting and solid context within this overwhelming pace of events. The Tennessee Holler certainly covers the things going on in Tennessee as it competes to be ranked below Mississippi in most category measurements for success, but also is providing some excellent coverage and commentary on the larger U.S. picture. Given that tech is now incestuously intertwined with our politics and governance, I highly recommend for recent, and I hope ongoing, coverage Wired, TechDirt and 404Media. Reporters from those publications are doing excellent work and it’s a good way to filter through some of the nonsense. Feel free to leave a comment if you have a good source you’d like me to include. Feel free to refrain from offering sources such as The Washington Post, The New York Times, and others crossing the River Styx. You can find more of my writings on a variety of topics on Medium at this link, including in the publications Ellemeno and Rome. I can also be found on social media under my name as above.