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Well, I mean, I know you're going to set it up, Joe, but it's one of the biggest names in town.

And it obviously affects us more specifically because we live here.

And L.A. and California are kind of known as, you know, the film epicenter of the world anyhow.

So when you have a big player like the one we're about to discuss threatening to leave, it's kind of spooky.

Oh, yeah.

Yeah.

Not the right kind of spooky.

No, it's not.

Obviously, we have been chronicling the mergers that have been happening amongst Skydance and Paramount and Warner Brothers for well, well longer than we both would have liked.

But they're in the news again because anonymous sources are saying that Paramount is... preparing to pull up stakes and move to some red state on the other side of the country.

They're going to take the studio out of Los Angeles.

I have a lot of thoughts about this, Chris.

But I think the big headline is I've been watching people online argue about this incessantly.

And all I can think is you are falling into the exact trap of someone who is leaking this information.

Because I go, why are they putting this information out? Right? They're in here.

heated negotiations with the state over the fate of their super conglomerate maybe we could even call it a monopoly some may uh the courts may and that's why there is this desperate push to try and get a deal on the table and push this through before the courts can strike it down and paramount's wasted even more money than they're already burning through right now um so That's kind of the lay of the land.

I see people who are panicking and being like, see, Los Angeles, it's this Democrat-run hellhole, and that's why they're leaving, and, oh, you voted for this, and blah, blah, blah, blah.

And I'm going, all these people, Chris, they have never, ever been involved in a real negotiation.

That's my big hot take here, is this is just... jockeying for position.

If you're not afraid to walk away from the deal, right? Then you have no leverage.

If If David Ellison doesn't appear like he is ready to leave Los Angeles, he has no leverage against the state, and the state can do whatever the hell they want to him.

Well, you're speaking to a very real thing.

It's called the theory of least commitment, Joe.

It's actually like a social theory concept of how power dynamics work, and it's absolutely what you just described.

It's the person who has the quote-unquote least amount of commitment to a – working relationship who appears to optically have the most power in that relationship because to them, it's okay to walk away if it appears as if it won't harm them in any way.