Trump seems like he’s waiting for the two companies to compete at lining his pockets before he makes a decision.
Very possible that Ellison’s near-trillionaire dollar parent company can win in a slugging fight. But that cuts into his position to corner the market on national media, just as his inflated Oracle valuation is running into slightly-more-skeptical-than-a-goldfish Wall Street investment.
Meanwhile, Netflix only has $400B in equity to throw around, but appears to demonstrate some real value-add in consolidating with the other non-Disney Streaming Service that actually makes money. This isn’t just a vanity project for them.
Trump seems like he’s waiting for the two companies to compete at lining his pockets before he makes a decision.
Very possible that Ellison’s near-trillionaire dollar parent company can win in a slugging fight. But that cuts into his position to corner the market on national media, just as his inflated Oracle valuation is running into slightly-more-skeptical-than-a-goldfish Wall Street investment.
Meanwhile, Netflix only has $400B in equity to throw around, but appears to demonstrate some real value-add in consolidating with the other non-Disney Streaming Service that actually makes money. This isn’t just a vanity project for them.