Netflix's $2.8b Money Heist

This week, Barry and Ernest discuss Netflix dropping out of the bid for Warner Brothers Discovery, and what's next for Netflix. They also break down CCL Industries's capital allocation and M&A opportunities.

0:00- Intro

5:32- Netflix drops out of Warner bid

12:26- Netflix benefits from PSKY/WBD

18:15- How AI benefits Netflix

20:47- CCL Industries update

27:20- Greg Abel's letter