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Acquiring Warner Was Paramount's Make Or Break
- The Warner acquisition was existential for Paramount's strategy to compete with bigger streamers.
- Joe Flint explains David Ellison saw combining Warner's library and HBO Max as necessary to match Netflix and Disney scale.
Old Catalogs Cut Subscriber Churn
- Legacy TV libraries like Harry Potter, Friends, and Superman are critical to reducing streaming churn.
- Joe Flint notes hundreds-of-episode shows keep subscribers longer than new originals alone.
Paramount Used Washington Connections To Pressure Netflix
- Paramount repeatedly lobbied Washington and used political ties while increasing bids to challenge Netflix.
- Joe Flint describes David Ellison sitting in President Trump's box and the company's legal team pushing Republican lawmakers.