Deal battle: Netflix, Paramount, Ellison's role

Matt Belloni joins Peter to break down why the Oscars are ditching ABC for YouTube, which will begin broadcasting the awards in 2029 after years of eroding TV ratings. Matt breaks down why, though it may be a risk for the Academy, the move is a no-brainer in the long run. They also discuss Matt’s interview with Senator Elizabeth Warren, who’s already sharpening her antitrust scrutiny around a potential Netflix–Warner Bros. merger.

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