Want to create an interactive transcript for this episode?
Podcast: The Town with Matthew Belloni
Episode: Investor Gerry Cardinale on Why WarnerMount Will Work, Middle East Money, and Layoffs
Description: Matt is joined by Gerry Cardinale, founder and managing partner at RedBird Capital, the private equity fund backing Paramount’s takeover of Warner Bros. Discovery, to answer some questions about what WarnerMount will look like, including if they plan to sell off one or both of the Paramount and Warner Bros. lots, why cost cuts won’t lead to layoffs, details around possible Middle East investment, and why this mega deal is good for Hollywood (00:00). Matt finishes the show with an opening weekend box office prediction for ‘Hoppers’ and ‘The Bride!’ (34:02).
Host: Matt Belloni
Guest...