For more in Paramount's hostile bid for WBD, Moffett Nathansson's Robert Fishman joins us now. Robert, great to have you with us. Um, wh which bid is superior in your view if you're a WBD shareholder.>> Well, you guys just went through a lot of the different dynamics that investors are are now having to weigh after the the hostile bid today. Um I would say clearly if you subscribe to the view that global networks um have less value then the paramount bid on the face of it today um is superior. the the quest ...

that enormous deal that was announced on Friday uh in which Warner Brothers agreed to sell itself to Netflix. Obviously, a lot of reporting throughout for me on Paramount and their frustration with uh in fact the process itself and uh we can now u according to the wires and a press release tell you that um Paramount is now launching a tender offer to acquire Warner Brothers Discovery $30 a share all cash. Now, what this will have the effect of doing essentially is making the shareholder vote on the Netflix ...