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Reynolds Woodcock

Burnt Ends
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About Reynolds Woodcock

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  1. From LaGuardia you need to take a car unless you are really trying to pinch pennies. You’d have to take a bus to a subway/LIRR connection in queens, and then another subway to Chelsea.
  2. I am constantly getting a forced page refresh, followed shortly by a crash (image below). Only on this site. I assume it is twitter
  3. I'm not sure I agree with that, although I agree that neither is a great outcome. For the average consumer, this is probably going to be a great deal. The average consumer doesn't care about craft or quality or experience. The average consumer cares about convenience. Sit on couch, turn on screen, screen output shiny content, scroll on smaller screen. The end. This deal will *without question* result in more of that. There is a smaller set of consumers that cares about both the quality of movies and the quality of the method by which movies are consumed. This deal is certainly a disaster for the latter, and probably very bad for the former.
  4. I wouldn’t really categorize either in that manner. More detail for anyone who cares. Netflix presents (in my estimation) a greater regulatory risk than the other bidders (who themselves are not free from risk). Netflix could have agreed to do everything under the sun to get the deal cleared (so called "hell or high water" obligations). Instead, they agreed to a more measured standard. They are required to litigate against the government to close the deal, and they are required to accept government-imposed divestiture requirements for the WBD business unless doing so would be extremely bad for the business (in plain english). Importantly, they are not required to divest Netflix's other businesses. So, you can think of the $5.8 bln break fee as compensating WBD for taking this level of regulatory risk. Separately, WBD has to shut down their auction, but they can still terminate the deal if they get an unsolicited superior proposal from someone. Very unlikely since they ran a very public process, but if that happened, they would have to pay Netflix a $2.8 billion break fee.
  5. You, in the future (man)
  6. The answer is yes, eventually. It’s a battle for eyeballs, and the more you give the consumer the opportunity to switch apps, the more you give them the opportunity to switch to another corporation’s app. you will be paying $80 for a Netflix/HBO streaming package, and your choice for theatrical and physical media will dwindle.
  7. Certainly better if you enjoy not having movies in theaters and paying Netflix $80 a month.
  8. As somewhat expected, Netflix won the auction and signed the deal overnight. From a quick scan of the merger agreement, looks like WBD will complete the spin of its linear networks to its shareholders, and Netflix will acquire the remaining business for about $72 bil of equity value. The most interesting part is what happens from a governmental approvals perspective. Lobbying from Paramount and others will be intense. Even ignoring the wild card in the White House, this transaction would receive heavy antitrust scrutiny. With the wild card in the White House, all bets are off. I honestly can't remember if Netflix has done something to aggrieve this president in the past, which will be the main sticking point. I didn't parse every word, but looks like Netflix will owe a $5.8 bil break fee if the deal fails for regulatory reasons.
  9. He’ll be a lifetime longhorn to me for being on the field against Bama in 23 (I believe it was a swing pass to him on our first offensive play, iirc). Aggie af, but after late Mack, Chuckles and dipshit, hard to express how much that game meant to me.
  10. Just saw Kill Bill The Whole Bloody Affair in 70mm. A great way to spend 4 hours. Took me back to high school.
  11. I’d say this wouldn’t register as a blip on the weird radar compared to the pre-NIL days.
  12. He’s a redshirt freshman who early enrolled.
  13. But remember, shooting fireworks off after July 4 is A-OK #personalresponsibility
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