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But we saved everything 🙂.
Gary Black shares that Paramount is considering increasing its bid for Warner Brothers according to CNBC reports. A potential bid of $32 a share, up from $30, might lead to a rise in both Warner Brothers' and Netflix's stock prices.
Paramount’s potential escalation of its bid highlights the intensifying competition for media assets, reminiscent of Gary Black’s previous commentary on how strategic investments, such as the debated proposal for a Tesla stake in xAI, can shift corporate dynamics. Broader industry trends, including the push for partnership and infrastructure access—paralleling Black’s perspective on the imperative for EV firms to leverage Tesla superchargers—continue to reshape the landscape for legacy players and emerging challengers alike.