Bill Cohan, a partner at Puck and former investment banker, joins the discussion on the shifting landscape of media mergers. He analyzes Comcast’s spin-off plans, private equity's looming role, and the broader implications for the industry. Cohan also shares insights into Wyc Grousbeck’s leveraged buyout of the Boston Celtics, detailing the impressive rise in franchise value and the potential buyers circling the team, including Steve Pagliuca and Jeff Bezos. It’s a riveting conversation on sports and media's intertwined fates.

Bill Cohan, a seasoned financial journalist and author, joins Dylan to unpack David Zaslav’s bold move to separate Warner Bros. Discovery’s growth assets from its wavering linear TV networks. They explore the euphoric response from Wall Street and delve into Zaz’s strategic intentions: build, sell, or spin-off? The discussion touches on CNN's financial future, the shifting media landscape, and the implications of corporate restructuring in a rapidly evolving environment.