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HBO Max's Free Cash Flow Forecast
On the downside, if for whatever reason it didn't work out as well as they planned, I'm reading they've got like over 90 million subscribers to HBO and HBO Max. And of course, all this like margin of safety talk, it always, of course, depends on price. So that's, I also look at that as a bit of a margin of safety as well, just the asset value of HBO itself. What do you see their free cash flow in like a few years? How does $37 billion sound to you right now?