The chapter delves into the decline of Paramount Global's stock and the drama surrounding its billionaire shareholder, leading to skepticism about the company's future under the current leadership. The speakers suggest splitting up valuable media assets to maximize value and discuss challenges in negotiations due to the decision-making processes of key figures involved.
Kara and Scott discuss North Dakota voting in favor of placing age restrictions on congressional candidates, X making likes private, and Tesla shareholders voting on Elon Musk’s pay package. Then, Apple stock is surging after the company revealed its AI plans, and Paramount’s merger talks with Skydance fall apart. Plus, a listener question on the latest drama with Justice Alito.
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