Paramount Beats Netflix in Battle for Warner Bros. | Pivot
Episode Description
Kara and Scott discuss Anthropic pushing back on the Pentagon's demands, and Trump's longest-ever State of the Union. Then, Paramount wins the battle for Warner Bros. after Netflix drops out — Puck’s Bill Cohan joins with insights. Plus, Nvidia posts blockbuster earnings, and a viral memo warning of AI-triggered mass layoffs rattles Wall Street.
Visit https://www.resistandunsubscribe.com/ for tickets to our Minneapolis show on March 8th!
00:00 Intro 00:25 Resist and Unsubscribe Update 3:58 Kara and Scott: Live in Minneapolis! 7:15 SOTU Reactions 12:47 Paramount Wins WB Bid 29:09 Nvidia Earnings 33:10 AI Memo Rattles Markets 45:21 Anthropic Pushes Back on Pentagon 52:20 Epstein Fallout Continues 59:31 Predictions
Producers: Lara Naaman Zoë Marcus Taylor Griffin
Video Producer: Manolo Moreno
Vox Media's Executive Producer of Podcasts: Nishat Kurwa
Send us your questions by calling us at 855-51-PIVOT, or email [email protected]
Brief Summary
Swisher and Galloway discuss their Minneapolis live show, Trump's State of the Union, and the Paramount-Netflix bidding war for Warner Brothers Discovery.
Key points
- Live Show Announcement. Scott and Cara announce a live show in Minneapolis on March 8th.
- Paramount Wins Bidding War. Paramount has won the Warner Brothers Discovery bidding war, a crucial move for its future.
- Larry Ellison's Bold Move. Larry Ellison's massive investment raises eyebrows and questions about his motivations.
- Nvidia's Record Earnings. Nvidia reports better than expected earnings, showcasing remarkable growth in the data center business.
- Ghost GDP Explained. Economic output can grow while benefits don't reach most people. "They coined the term ghost GDP."
- Private Credit Sector Concerns. Stocks of private credit companies are down due to fears of borrower defaults. "A lot of those companies might not be able to make good on the money they borrowed."
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- Live Show AnnouncementScott and Cara announce a live show in Minneapolis on March 8th.“We’re going to do a live show and basically nod to the incredible Americans known as Minneapolis.”4:00Feb 27, 2026
- Paramount Wins Bidding WarParamount has won the Warner Brothers Discovery bidding war, a crucial move for its future.“This was kind of existential for them. They had to pay up.”14:07Feb 27, 2026
- Larry Ellison's Bold MoveLarry Ellison's massive investment raises eyebrows and questions about his motivations.“Why did Larry Ellison do this?”19:12Feb 27, 2026
- Nvidia's Record EarningsNvidia reports better than expected earnings, showcasing remarkable growth in the data center business.“Nvidia has grown its data center business roughly 13-fold.”31:17Feb 27, 2026
- Ghost GDP ExplainedEconomic output can grow while benefits don't reach most people. "They coined the term ghost GDP."“"Ghost GDP is economic output can grow while the benefits of that growth never actually reach most people."”34:45Feb 27, 2026
- Private Credit Sector ConcernsStocks of private credit companies are down due to fears of borrower defaults. "A lot of those companies might not be able to make good on the money they borrowed."“"Their stocks are down 20-30% because they own a lot of software companies."”35:04Feb 27, 2026
- AI's Impact on JobsAI is set to replace traditional jobs, but new opportunities may arise. "The story of technology disruption is the same."“"AI will be a substitute for truckers."”37:09Feb 27, 2026
- Market Dynamics and AIThe conversation shifts to how AI will reshape market structures and job opportunities. "What do we do about it?"“"The question is, was it fair for Apollo to get dragged down in this blue owl thing?"”41:00Feb 27, 2026
