00:00So the Paramount and Warner Brothers merger might get approved faster than you think,
00:04mostly because the regulators think this is the simplest option.
00:07The FCC chair says this deal is much cleaner than the one Netflix tried to pull off earlier.
00:12And the supporters back that up, saying the ownership is straightforward
00:15and avoids the messy regulatory issues that Netflix would have created.
00:19But the critics say calling a $111 billion takeover clean ignores the bigger issue.
00:24What happens when fewer companies control the entertainment industry?
00:28If the deal is approved, Paramount Plus and Max would combine into one huge streaming service,
00:33giving them plenty of room to compete with other streamers.
00:36But that also means this new company is taking on $79 billion of debt.
00:40Yeah, streaming ain't cheap.
00:43The investors say the combined sports rights and movie libraries make this deal worth it.
00:47But on the other side, they say regulators are moving way too fast for something this massive.
00:52The one thing everyone agrees on?
00:54If this gets approved quickly, the streaming wars are about to change in a big way.
00:58And so is the money coming out of your wallet.
01:00But what do you think?
01:01Are you disappointed by how this turned out?
01:03Or are you signing up for Paramount Max on day one?
01:06Drop your answer in the comments and follow us here for more.
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