Ives, Miller on the Regulatory Environment Around M&A

The transcript discusses a significant business deal involving major players in the entertainment industry, focusing on the breakup fee, market share, and regulatory scrutiny. It highlights the importance of considering the entire deal, not just individual components like box office or advertising. The conversation also touches on the broader M&A landscape, including the challenges of vertical and horizontal deals, and the potential dominance of sports programming by Disney. Regulatory concerns are emphasized, especially in light of recent changes in regulatory history.

Discuss the potential impact of the Murdoch family becoming the number one shareholder of a competitor.

What does the speaker suggest about the future of sports programming in relation to ESPN?