221Brew

[221Brew @221Brew]

@BigIdeasCapital @garyHeff paramount is not building a better netflix.

[221Brew @221Brew]

@BigIdeasCapital @garyHeff What happens when all Infinity Stones are together?
And if you have all six, they form an infinite feedback loop where each stone powers up another and you gain that same level of infinite power.

[Gary @garyHeff]

Paramount and The States agreed not to close the current transaction. The agreement doesn't restrict divestitures. Paramount / Warner Bros retained flexibility to spin-off assets such as cable nets, tax-free.

$PSKY $WBD

1/4

[221Brew @221Brew]

@BigIdeasCapital @TMTAnalystANON @garyHeff clicks are the business

[James Faris @JamesFaris_]

SCOOP: Paramount+ is moving into micro dramas.

Paramount is testing snack-sized soap operas on the P+ mobile app this quarter, streaming leaders said in a town hall today.

This project is "very early stages," I'm told.

Full details @BusinessInsider: https://t.co/2msrY3Jc8S

[The Hollywood Reporter @THR]

Sony Eyes Revival of Cinerama Dome and ArcLight Hollywood https://t.co/RzKjKtrNuZ

[DiscussingFilm @DiscussingFilm]

Disney is laying off several hundred people across the entire company.

The majority of the layoffs on the studios side is at Pixar.

(Source: https://t.co/Mi9s1xnM0b)

[221Brew @221Brew]

@CultureCrave @PageSix @bobby_s_axelrod Movie was great.

Fastest 3hr movie I've seen.

[Culture Crave 🍿 @CultureCrave]

Tom Cruise invited all of the AMC theater staff in the building to watch ‘The Odyssey ’ in IMAX with him 🍿

(via @PageSix)

[221Brew @221Brew]

@eriqgardner Thanks for the play- by-play 👍

[Deadline @DEADLINE]

Paramount Slams State AGs' Suit As “One Of The Weakest Merger Challenges In Modern Antitrust History” Ahead Of TRO Hearing https://t.co/0xrombvlDZ

[Dylan Byers @DylanByers]

Rob Bonta: I never said anything about spinning off CNN … no idea where that came from.

Also Rob Bonta: “We would be interested in potential structural remedies,” including “having a news channel … that’s separate.”

[TheWrap @TheWrap]

Former presidential economic advisers Stephen Moore and Robert Wolf argue that Paramount's proposed $110 billion merger with Warner Bros. Discovery should move forward.

Based on their joint analysis, the pair contend the deal does not meet the legal standard under U.S. antitrust law to be blocked.

Read their analysis: https://t.co/n1E8SFJAPP

[Brendan Carr @BrendanCarrFCC]

The FCC has been working to restore balance to the broadcast airwaves.

We’re now taking another step forward in that effort. Trusted sources of news have been held back by rules that protect Hollywood, New York, and other national interests.

The FCC will vote on replacing that regulation with a case-by-case approach that lets good deals get done while blocking any deal that fails to promote the public interest.

[Daniel Miller @DanielNMiller]

The town's worst-kept secret: Many people know that Paramount CEO David Ellison has been quietly working on a bipartisan bill to create a federal film tax incentive program. Coincidentally, while Rob Bonta was delivering his press conference today, Ellison was en route to D.C. with chief legal officer Makan Delrahim for a long-planned dinner with 13 members of the House Ways and Means Committee to discuss advancing the legislation. The dinner, I am told, is being hosted by committee chair Jason Smith as I type this.

[221Brew @221Brew]

@bobby_s_axelrod Axe,
You know I hate to admit this, but he was injured before the fight.

[Ken Holbrook (living wage investor) @MMAG33K]

#UFC Conor McGregor, walked in injured, watch him taking off his shoes before the fight.

[Film Updates @FilmUpdates]

Netflix, Paramount and Sony Pictures are all in talks to buy Letterboxd.

(https://t.co/u6XFHwCQvp)

[221Brew @221Brew]

@BigIdeasCapital @garyHeff @tbonesam99 @B__Digs

[221Brew @221Brew]

@SterlingCooley @EthicalSkeptic @BigDTwo @kirk_bridgers @ahfultz 😂