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Let's talk about Larry and David Ellison. They're making massive media moves both in legacy and social media.
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Oracle is now the heavy favorite to acquire Tik Tok. Here's what our partner Poly Market, shout out to my guy Shane,
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84% Larry Ellison or Oracle, acquire Tik Tok, that's up over 20 percentage points
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in the last couple of days. Paramount Sky Dance merger is basically a month old and already CEO David Ellison,
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that's Larry Ellison's son, is looking to acquire Warner Brothers Discovery. As you probably know, they're run by David
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Zazlov. They own CNN, HBO, DC Comics, Discovery, a bunch of other brands. And that would put the Ellison's in charge
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of not just CBS News, which owns 60 Minutes. They would also own CNN. If you put those assets together, 200 million
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paid subs, I mean, what do you do when you're worth a couple hundred billion and you're 81
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years old and you're thinking about what legacy you want to leave behind, except
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to perhaps empower your kid to build the largest, most influential media company
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in history. So, if you take the incredibly rich content and production capabilities of HBO and all the Warner
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Brother discovery media properties and you combine that with the direct to consumer distribution of Tik Tok, there
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may in the future be a merger between this media company and Tik Tok or a deep commercial relationship where imagine
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going on Tik Tok and you can now get premium content for 10 bucks a month or two bucks an episode and watch all of
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your HBO shows in the Tik Tok app or watch all of the Discovery shows or all of the other content that's available.
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So, I do think that the distribution that has been delivered by this kind of social media model like YouTube and Tik
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Tok with the premium model may end up creating a real category killer that can challenge both YouTube and Netflix. And
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so I would kind of look at this story as like a beginning of an unfolding of something that may rewrite the entire
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media landscape.