Basement Whatever

Ellison isn’t overpaying $110 billion for dirt. He’s stealth buying the most undervalued industry in America while everyone else stares at the COVID wreckage and mistakes it for the whole picture.

Meanwhile, the writers and actors warning you about consolidation do not live in the world. If they did, they would understand that nobody spends $110 billion to make less of anything. Corporations don’t merge to shrink. They merge to shove product into every screen, format, territory and Botox hole available. The agenda is more: More product, more work, more profit. More, more, more.
— Read on www.hollywoodreporter.com/movies/movie-features/paramount-warner-leave-los-angeles-joseph-kahn-column-1236686863/