00:00And do we think that a CNN-CBS merger would really integrate the news operations?
00:07Like, how many people are we talking about firing?
00:10How many efficiencies are there?
00:12There's a lot.
00:12And, you know, CNN is a pretty big news operation.
00:18You know, it'll be interesting to see how CBS sort of integrates into that.
00:22Because CBS has had traditionally a big news operation.
00:26I'm not sure how much Ellison's have cut out of that, if anything.
00:30But if you start merging them, listen, they have really smart bean counters over there.
00:34They know how to cut.
00:35They'll know how to complain.
00:36Is it really about making money for them, it seems like?
00:39It seems like it's more of a crown jewel.
00:42And they've clearly already spent a ton of money.
00:44It doesn't seem like they're pouring more cash into it.
00:46Well, as a whole, yes.
00:48I think they are looking to make money as, you know, listen, will they put a lot more money into CBS and CNN?
00:55Probably not.
00:55They're probably cutting.
00:56But the whole operation they see as making money by distributing Warner Brothers content through AI.
01:06Remember, you know, they're dealing with Oracle.
01:09I mean, in some ways, Peace Guy is an Oracle subsidiary.
01:14And when you have the power, the sort of technological power of...
01:19Maybe they'll have AI news anchors.
01:20They'll just integrate AI into everything.
01:22By the way, don't doubt it.
