Prof G Markets Will Paramount & Skydance Merge? + A Visit with Sam Bankman Fried in Prison — ft. William Cohan
Jun 6, 2024
William Cohan, a New York Times bestselling author and founding partner of Puck, dives into the complexities of the potential merger between Skydance and Paramount, revealing what might be holding it up. He also provides intriguing insights from his visit with Sam Bankman-Fried in prison, exploring the ex-FTX founder's mindset and what it says about accountability in finance. The conversation navigates the shifting dynamics in media ownership and the constantly evolving landscape of investment, making for a captivating discussion.
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UK Zeitgeist
- Scott Galloway recounts audience reactions to Ed Elson's comments on a "dangerous zeitgeist" in the UK.
- People were fascinated by Elson's observation about accidental success.
Kwarteng Anecdote
- Ed Elson shares an example of Kwasi Kwarteng discussing the lack of policy discussions in UK Parliament.
- Kwarteng attributes it to a British cultural aversion to "talking shop."
Redstone's Leverage
- Shari Redstone's potential deal-breaker involves the majority of minority investors approving the Paramount Skydance merger.
- This demand could give leverage to disgruntled shareholders and potentially derail the deal.