Slate News Slate Money | Peak AI Frenzy
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Jun 14, 2025 Warner Brothers' breakup redefines its media strategy, showcasing the challenges in a shifting landscape. The conversation dives into the explosive valuations in AI, comparing the current hype to the dot-com bubble. Insights into Trump’s immigration policies reveal their impact on labor markets, exacerbating shortages in key industries. Humorous discussions also glance at the decline of after-work socializing, blending economic woes with light-hearted commentary.
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Warner Bros Split Explained
- Warner Brothers Discovery is splitting into two arms: streaming and studios, and global networks.
- David Zaslav retains control of the prestigious streaming and studios side without most of the debt burden.
Global Networks as Decline Asset
- The 'global networks' segment is a cash cow with declining revenues and negative EBITDA growth.
- It resembles a 'bad bank' managing decline, likely attractive to private equity firms.
AI Valuations Fueled by Talent
- AI valuations are soaring largely due to investing in key talent, not only technology.
- Acquihires of notable figures inflate company valuations beyond core business assets.