The Trish Regan Show - 🚨CNN HOSTS FREAKING OUT: Court Just Gave the Network to a Trump Ally… Elon May Be In! S6 E5

Episode Date: October 1, 2026

S6 E5 CNN hosts are nervous. The Paramount Warner Brothers Discovery deal has officially cleared its last hurdle. A federal judge has signed off on the merger — and the $111 billion takeover is exp...ected to be done in roughly 5 days. Big changes ahead as a Trump ally takes over…while Elon, per some reports, may be in as an investor. Buckle up! Get my financial newsletter today at https://76research.com Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:00:00 My rightly goalie says he plays for the love of the game. You gave up six goals last week, Steve? Maybe play to win, huh? Like with Bet365. I get paid the second my team goes out big with early payout and can cash out at any time before the game ends. Steve, Bet365, the home of winning early. Must be 19 and older.
Starting point is 00:00:22 Ontario only. Please play responsibly. If you were someone you know is concerns about gambling, visit connectsontario.ca. Or call 1-866-5-1-2,600. Terms and conditions apply. Their worst nightmare has come true. Yes, the hosts at CNN aren't too happy about this one. They had been hoping and hoping and praying that somehow this deal was just not going to go through. But guess what? A federal judge just cleared it. Paramount has got a $11 billion takeover of Warner Brothers discovery that is indeed happening and it's going to mean big, big, big, big, big, big changes at CNN. CNN, producers, the entire building is like super nervous right now. Understandably, I mean, this is going to be a big, big change for them. They're nervous about their future. They're nervous about whether
Starting point is 00:01:09 or not they're going to have a job. I mean, yesterday they were worried about whether or not they could get on Air Force One and join the pool camera and go to the football game, right? Now they're worried about whether or not they're going to have jobs because there's a whole new team coming in, and that team could include Elon Musk. All right, just to back up for a second here. remember how the states were trying to block this one. You had 12 states that were suing. And basically, they were all blue states. If you look at that list, it was Connecticut and California that kind of led the way on this. Well, they all came out and they sued. And they were like, we're going to stop this. We don't want this from happen. We don't want this to happen because they want
Starting point is 00:01:47 Netflix, of course, to get Warner Brothers Discovery. Warner Brothers Discovery, like that's a big property. Paramount is a very big property. And the reason this relates to CNN is because Warner Brothers Discovery owns CNN. So you're going to have a whole new team. And how's this for the cherry on top? Actually, maybe this is front and center. I mean, aside from Elon, the reality that you've got Trump donors, Trump allies, the Ellison family, right? Larry Ellison, think Oracle, one of the wealthiest men in the world. He's a Trump backer. And his son, David Ellison, is the guy who just did this whole deal. He had Skydance. He went out and bought Paramount, which got him CBS. And then he decided to do Warner Brothers Discovery. So this thing just got bigger and bigger and bigger.
Starting point is 00:02:37 I am familiar with the deal and have some sources that have told me, look, they were there early on. And there were a lot of people that thought, you know, David's a little crazy. Like, he's never going to get this through. And they were like, gosh, darn it, he sure did. Like, do not underestimate that guy. Because he had a vision. And he had a vision. And he was a here we are today, and this vision is coming to fruition. It is coming into reality. We have a judge allowing that Paramount deal now, federal judge, to close. A hundred, and they're saying 10, I've read $11 billion, takeover of Warner Brothers Discovery. This thing is massive, and the proud new owners are going to be conservatives. So you can imagine, just think out in Hollywood,
Starting point is 00:03:23 right, how stressed everybody is. Because you're taking these massive properties and you're taking a news division and you're handing the keys to the kingdom, effectively, to somebody who actually likes Trump. Like, that's unheard of, right? They had such a monopoly. Think about the monopoly that the left has had on entertainment and on news. They still have it on academia, but they've been able to wield that monopoly and they've wielded it well. I mean, until one guy came along, one Donald Trump, and he really upset the apple cart, and he said, still doing it. What was this yesterday? The day before it, the AI. Remember the AI conference that he had? And boy, boy, boy, he called out CNN again. And Dario's been actually great. And he had a view,
Starting point is 00:04:11 hold it, hold it. CNN fake news. Do you think that self-policing is a follow-up? Look, Dario has been fantastic. And we had dinner the other day. And he agrees with everyone. I mean, we all agree. We all agree. We all agree that we can't let China win the AI war, right? That we actually need to be successful on that front. Otherwise, we can just kiss our lives goodbye from a national security standpoint, from an economic security standpoint, everything. It all matters. It also matters for the entertainment division, because I think you're going to see a lot of changes, a whole lot of changes, and that includes personnel. Like, let's just be honest, right? In the very, very beginning, are we going to see the exact same faces on CNN, the same exact people that have
Starting point is 00:04:55 been lying to us for so long? I'm not. so sure we will. I'm really not so sure. Now, they have created a board, an editorial board that's supposed to be in place for five years once this deal closes, and that same editorial board will be looking after both CBS, which has had its own challenges as of late, as well as CNN. And this editorial board is supposed to be comprised of people that are not all one direction or another. You're supposed to have some independence on there, no more than two, that are Republican, no more than to journalists that are Democrats, and this is supposed to give some objectivity to things. This is one of the things that they agreed to in order to get this deal through when, you know,
Starting point is 00:05:36 you consider that you had 12 states doing everything they could to make sure that it wouldn't happen. Well, the guy who is the media reporter over on CNN, he's a little skeptical about how this has all worked. He's looked at some other deals that put in place these editorial boards, and he doesn't have a whole lot of faith. Let me just tell them, like, I kind of almost, can I say I feel bad for him? I don't really feel that bad for him. I mean, he's a big boy. He can figure it out. If he's any good, he'll learn how to do it on his own, I suppose. But I suspect he might be one of the first
Starting point is 00:06:08 ones that they're kind of taking a good, cold, hard look at. I'm not so sure that they're confident that he is, how shall we say, fair, right? I think he's got sort of one bias and one bias only. Anyway, he's very skeptical. This is Brian Stelter. I almost said Skelter, oops, about the editorial board. Listen. I will tell you, just between us friends here, I'm a little bit skeptical. And the reason I'm skeptical is because we've seen this before, for example, at the Wall Street Journal and Rupert Murdoch bought the journal. There was a board set up, but people say it was mostly toothless. There are also similar boards at a couple of other institutions with media companies around the world. So maybe this one will be effective, but the devil will be in the details,
Starting point is 00:06:52 and we don't know the details yet. No. Well, we know a few of them. Let me go with the headlines. Okay, let's forget the details for just a moment. The headline, the biggest headline, is you got a Trump ally, a Trump donor, a Republican, oh my gosh, and a MAGA Republican at that, that has just bought the biggest entertainment company out there. He has just created this massive giant of entertainment, right? And part of that is CNN.
Starting point is 00:07:20 So he's got a big, and another part is CBS, so he's got a big stake in the news division. So that's the big stuff, okay? The devil's in the details. He doesn't know what the details are. He's waiting on the details. But I would just say, like, let's just start with that. Okay, that's a biggie. And then the other component to this is the reality that Elon Musk may be tapped as an investor.
Starting point is 00:07:43 So this report first came out late last week, and, you know, they got to come up with $110, 111 billion. It's a lot of money in order to float this whole thing as we get closer to the closing day. It needed to close originally. There's actually a fine that they have to pay starting today because it needed to close by September 30th, but they've got like five days. So sometime next week it will most likely close. And so in order to get the financing there,
Starting point is 00:08:08 Larry Ellison, the dad, has said, hey, I got the money, I'll guarantee you a certain amount of this and then you go out and find the rest. Well, that doesn't necessarily mean Larry's going to turn over his money himself. He's going to go out and put together this equity syndicate, if you would, basically a group of investors, they're going to come forward and they're going to say, okay, we're going to bankroll this thing to get it to the finish line. And one of the people, reportedly being looked at in that consortium of investors is actually Elon Musk. Now, Elon Musk,
Starting point is 00:08:39 let's just say, he doesn't have a whole lot of use for CNN or the mainstream media. And so if you think about this, you got a Trump ally running the whole shebang. You got Elon Musk possibly in the wings there as a smaller investor, but somebody who, who certainly has a viewpoint on things. And I think you start looking at a problematic environment, dare I say, for some of these hosts and some of these anchors that have been there for a long time, perhaps in some cases,
Starting point is 00:09:08 for too long a time. Case in point. One Christian Amapur, who's already very worried because she saw what's going on with her friends over at CBS. Didn't she used to have like a little gig on 60 minutes where she would pop up now and then and she was doing some kind of symbiotic deal between CNN and CBS, just like Anderson Cooper had as well.
Starting point is 00:09:28 And then Anderson was like, oh, my gosh, we have these mag of people. I mean, he left saying he needed to spend more time with family, but my family, the family's always like a dead giveaway. I'm just so sick of those excuses. I've got to go spend time with family. No, the reality is you didn't want to work for Barry Weiss, because Very Weiss is, ooh, maybe just easy, be it little right of center. And if you're a little itty-beet right of center,
Starting point is 00:09:51 then you are persona non grata in the news media industry, which is why a lot of us are over here. Thank you for being here. Thank you for subscribing. If you haven't subscribed, then please join us. We have a lot of fun here on this show every single day. Anyway, going to Christiana Amampur, she's terrified that they could become,
Starting point is 00:10:08 God forbid, like CBS. They could get someone like a Barry Weiss in there who used to be an opinion editor at the New York Times. I mean, yeah, she's really living on the edge. She's super right, right? Pynion editor at the New York Times. Anyway, here's Christian. We have also seen this movie.
Starting point is 00:10:31 We have seen the Paramount Skydance Ellison takeover of CBS News First, and we've seen what their view of editorial independence has meant, essentially a wholesale reorientation of the personnel, and as far as we can gather, the editor-in-chief's views on what editorial independence looks like. And there's been a huge amount of criticism about what it has transpired to be. I was actually surprised to see that this deal also adds the editorial board function for CBS. I mean, I thought the CBS thing was kind of done and dusted.
Starting point is 00:11:11 That's a very interesting point. This is partly as a result of the state attorneys general negotiating over the weekend. For example, in Connecticut, the Attorney General William Tong, he says in a statement, he was fighting to protect both CBS News and CNN. He says he wanted them both to be sold off by Paramount, but he couldn't get that done. Poor guy. Just couldn't get it done. So you now have a Trump donor.
Starting point is 00:11:39 I actually, in fairness, I don't know if David himself had donated, but I know that his dad did. And I can tell you, because I have sources in high places. that David has spent some time at the White House. In fact, a friend of mine was... Our fantasy commission says for him it's all about the friendships. Cute, Kevin. But I disagree. Like with Bet365.
Starting point is 00:12:04 I get paid the second my team goes up big with early payout and can cash out at any time before the game ends. No hard feelings, Kevin. Just faster payouts from Bet365. The home of winning early. Must be 19 and older. Ontario only. Please play responsibly.
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Starting point is 00:13:25 There, she months back and told me that he was outside the Oval Office and trying to get an audience with the president on something. And there was David in there. So, you know, I would just say that he's friendlier with this administration than, say, the Netflix people would have been. And Netflix is a whole other thing, by the way. We're going to get to that because Netflix stock just keeps going down, down, down, down, down. and there's a lot of talk about whether or not Netflix can even exist in this kind of environment where you have a Paramount Warner Brothers discovery that is going to be so massive and so different because they're thinking about things in a very tech-forward way that's going to really matter. I mean, really, really matter. And I don't know, frankly, if people are going to keep spending on Netflix subscriptions
Starting point is 00:14:10 when they can't deliver on content. They've got to get away from the woke stuff. That would help. Back to Christiane and poor Brian, because the two of them are sweating it out. sweating it out like you would not believe. There's so many questions to ask about the CNN thing, but we'll see how it plays out. I don't have any other answers, so...
Starting point is 00:14:28 Yeah, I know. You know, here's the thing, Christiane, like, we've been going for 45 years, right? CNN just keeps going, no matter who, no matter what, no matter where, this network just keeps going. I strongly believe that's what's going to happen, even though we're about to get another new owner. Okay, interesting.
Starting point is 00:14:44 I've been here 43 years, so I've seen it all. every merger, every buyout. And so far, yep, we just keep going. Yeah, you know, maybe that's the problem or part of the problem, because you've been there 43 years and basically the place is going way down, okay? The ratings are not good. The expenses are very high.
Starting point is 00:15:03 You've got all of these bureaus all over the world. It's like a 1980s business model, and we're living in a very different kind of time where there's a whole lot more opportunity out there. And if you don't take advantage of that, you're effectively going to die off. And so you need this sort of tech savviness to come and generate some new blood, if you ask me, in this very state, very old media environment, because your future is going to be embracing new technology and new media. And if you don't do that, then you're basically going to go out of
Starting point is 00:15:35 existence. But I would couple that together with a few other things. You know, you talk about diversity all the time. They're really into diversity, right? Have you ever noticed that with the left? They love diversity. But they don't actually embrace diversity because there's never a lot. any diversity of thought. Nobody actually thinks different. They just talk a good game. Everybody's going to look different, but you all got to think exactly the same. And if you want a job at CNN, you've got to be part of the club. And if you're not part of the club, then you can forget about it. Well, this is all changing. As for the club, like, who's going to be in it nowadays? I mean, who's your money on? Who do you think's going to be first to go? Is it Christian? Is it the,
Starting point is 00:16:09 I realize Hannity's got a few names for that guy, Stelter. Is it Jake Tapper? Jake Tapper, who, lied and lied and lied to us and, you know, still seems to be lying. And he might be somebody who's tremendously at risk. I don't know how savvy these people are sort of politically and how they're going to be able to manage the intricacies of a viciously political environment in that, when I say political, like they're all out to kill each other, right? Like all these anchors are tripping over each other to keep their jobs. But can they really do it? I mean, you think, about Caitlin Collins. Maybe because, you know, Caitlin Collins as an anchor, I wish I had a picture to put up of her, but she's one that has caused the president to be quite vocal against CNN from
Starting point is 00:16:56 time to time. And I would say this. It seems like Caitlin Collins is just trying to do her job in that she's just trying to collect a paycheck because not too long ago, she used to work at The Daily Caller. Do you know The Daily Caller? That was a website that was owned actually by Tucker Carlson. and Caitlin Collins was one of their reporters, and she used to go on Fox. And I believe I have some sound of Caitlin Collins just going on and on and on about Soros. So there's some, I mean, this is not from too long ago. I mean, she just really tore Soros up and down on Fox. And so you've got to say to yourself, like, at what point, like, is this woman just working, you know, to get a gig and to collect a paycheck?
Starting point is 00:17:43 Perhaps I don't have it. But anyway, suffice it to say that does exist out there. And she has been known to, well, in that case, I would say just give you whatever line you need at any given time. And that's part of the problem too, right? So they're doing the bidding of somebody else as opposed to being authentic to who they are. I don't know who she is. I don't know, you know, whether she thinks that Soros is run in a, you know, migrant invasion for political purposes, which is what I think, and what she said on the air on Fox, or whether she is Ms. CNN and now really, you know, breathing blue, so to speak, you don't really know. I think a lot of these people are working for the company they're working for and they're giving you a song and dance about that. But that's part of what perhaps will get
Starting point is 00:18:35 exposed as well. And so it's going to be a lot of changes. And, you know, look, your, your guess is as good. It's mine. I do think that some of them there are in jeopardy. And it's going to come down to how much they can kind of go which way the wind blows and understand the direction, the new direction of the network. And will they really be willing to do it? Because we saw over at CBS, so many people left. So many people, I'm out of here. I don't want anything to do with Barry Weiss. I don't want anything to do. She's ruining the network. This is a Tiffany Network. Or 60 minutes. And so they left. And so that may be where some of these people wind up sooner rather than later. Meanwhile, I would ask this, did CNN pull a BBC? Do you remember the president sued the BBC for $10 billion, that's with a B, dollars, because of the way they edited his speech?
Starting point is 00:19:31 Remember this one? I'm not going to show you BBC. I'm going to actually show you CNN because this is going viral today. This has just come up. Just as the federal judge clears this massive takeover of Warner Brothers Discovery, including CNN, this thing emerges. And it's not a good look. It appears that this little clip ran on CNN.
Starting point is 00:19:55 I'm going to show you a Twitter account, X account, called Maze, found this. And as I said, it's going viral. Somebody found the original that the president said, and then they compared and contrasted it to the CNN version, which, gosh darn, it sounds a lot like the BBC version. They're like cutting out some big chunks of important quality stuff, thereby presenting the president in an extremely different light. I think one of our great achievements will be election security, because nobody until I came along had any idea how corrupt our elections were. And again, most people would stand there at 9 o'clock in the evening and say, I want to thank you very much. And they go off to some other life. But I said, something's wrong here.
Starting point is 00:20:40 Something's really wrong. Can't have happened. Nobody until I came along had any idea how corrupt our elections were. And we fight. We fight like hell. And if you don't fight like hell, you're not going to have a country anymore. Yeah. Okay.
Starting point is 00:20:57 Those are two really, really different clips, right? they had to get to the fight stuff as fast as they can or could. This is why he sued CBS, don't forget, in 60 minutes over the Kamala interview. The Kamala interview, we don't have to watch that thing again. But they, I keep joking, like, the guy who edited that or the gal who edited that deserved an Emmy, just based on editing alone, because trying to clean up Kamala's word salad, trust me, not easy. Now, I'll tell you, like, look, they don't give you so much time, right, when you do these interviews. If you're on 60 minutes, you get, like, what is it, like eight minutes or something?
Starting point is 00:21:29 for your segment, it's not a lot of time, maybe nine minutes. And so you've got to condense maybe a big interview into something that makes sense to the viewer for nine minutes. Well, again, we're talking about Kamala here, all right? Like Kamala is not necessarily easily made to sound like she understands what she's talking about. And so whoever edited that did a pretty good job, but in doing so, they actually really misrepresented who she was and who she is. And so the president took issue with that. He sued them. And that, you know, he was successful, I believe in that suit. And as a result, you had a lot of people really, really angry. I think the executive producer of 16 minutes at the time stepped down. And then you had the BBC suit. I mean, this is $10 billion,
Starting point is 00:22:13 right? Ten billion dollars that the president is going after BBC. That also resulted in the woman who runs BBC, who interestingly used to run NBC, she basically wound up stepping down as a result of that as well. And so you have a lot of heads that can potentially roll. I mean, in terms of this one, I don't know as he's going to go after them, only because, you know, his body, David, is now in there taking care of things, and maybe that kind of helps to smooth things over. But I think it's rather striking that on the same day that we find out about the federal judge clearing this takeover that you all of a sudden have this emerge as a bit of a liability. They did it the film there, I believe it was, at the BBC Panorama. They called it Trump a second chance. It was produced
Starting point is 00:23:01 by a company called October Films and broadcast in the UK about a week before the 2024 vote. And so he was filing again because of this misrepresentation in this edit. And he's had success with this stuff before. And so we shall see just another headache for them to have to deal with, right, over at CNN. But this is a big deal. This is a massive company. We're talking about, take a look at what they're getting. I mean, the Harry Potter franchise, right? He's already got Mission Impossible. You're combining Top Gun, Star Trek with Lord of the Rings, Batman, Wonder Woman, The Matrix, I mean, Looney Tunes. This is amazing. Like, this is a massive company. You know why this is important?
Starting point is 00:23:42 Culture is important. And, you know, you look at the music that the kids listen to today. You look at what's in film. And look, you know me. I'm pretty libertarian. It would not be my choice to listen to some of that music. And I understand some people like it. I don't really get it.
Starting point is 00:24:00 But I do think that the role of culture is important for an entertainment company. And when you start to lose your way as an American culture, you start to erode the values that make us so special. And so having somebody who has a different mindset, a conservative mindset, and possibly you get Elon in there too, at the helm of this is actually important. Very, very important. Look at the TV hits. I mean, you get SpongeBob and Paw Patrol.
Starting point is 00:24:26 Gosh, my kids love. My son was like, he still has a walking savants on SpongeBob. Like he's memorized every single episode. Paw Patrol, my kids like that. I can still hear the theme song in my head. And you get HDTV and the food network. I mean, this is amazing, right? and you're combining that with Game of Thrones, the Sopranos, friends.
Starting point is 00:24:41 This is a massive, massive entertainment company, and you get all the cable businesses and the news businesses. I mean, they're going to be doing all kinds of stuff with this. This is a powerful, a relevant company that's going to have big impacts on culture and the media for years to come. So now we're starting to shift the dynamic. So maybe you don't go and just hire all your super liberal friends from your fancy colleges with woke degrees and God knows what, right? English degrees.
Starting point is 00:25:12 Gosh, maybe you could get an economics meter in there, right? You know? Live on the wild side. I'm just saying, like, you've got to start to inject some new blood, and this is what is going to happen. And this is an important step for America in terms of our culture and these changes. And this came up, actually, in some of the hearings, when they were looking at this, the Senate was looking at whether or not this merger was going to go through. And one thing that kept coming up, over and over and over and over again was whether or not, Netflix, for example, who wanted to buy Warner Brothers Discovery really could represent the values of America
Starting point is 00:25:47 because that's an important component of all that. I mean, I'm going to get to that later because we've got to talk a little bit about it. I don't want to talk about the Cornell thing, but we've got to talk a little bit about it. And you think about the role of pop culture and where it's led people, right? Like basically off a cliff, for goodness sake.
Starting point is 00:26:01 So I think it's important that we start to get a hold on culture again, and this is such a massive development. Again, if you're just joining us, a federal judge has just cleared Paramount's $110 billion takeover of Warner Brothers Discovery. This is new media in the making. It's just amazing because everything is changing. Think about where we're heading, okay? Streaming is one example.
Starting point is 00:26:28 The fact that I can do this. I mean, this is just amazing to me that I can do this because, you know, hey, like I grew up in a traditional news environment where I wrote my minute 30 script and I got, you know, nine or ten seconds. Got to help you if you went 12 for my live tag on the CBS evening news and the NBC nightly news. And then I'd go on occasionally. I used to do, I've been everywhere, ABC as well, World News Tonight with David Muir back when he used to do the weekend. And I'd be like, okay, you know, they'd give you two and a half minutes to talk about the up or downtick in GDP or interest rates. And I'm like two minutes and 30 seconds.
Starting point is 00:26:59 Oh my gosh, I better. You think I talk quick. I learn this someplace, right? although everybody in network TV talks so darn slow. It's like watching molasses. I can't take it. Anyway, there's a formula there, and I've seen it, and it plays to a certain crowd, but, you know, let's be honest,
Starting point is 00:27:20 like most people don't watch that anymore. I mean, my children, my own children, when I told them I was going to do this YouTube show, they looked at me and they said mom thank you and I'm like what do you mean they're like well this is a big deal like this we can finally tell somebody where you are and I'm like well guys you know like it works for some pretty big networks and they're like no nobody knows what those are I was like seriously seriously and I thought they were teasing me but no they were they were spot on serious like I'd made it I'd gotten to YouTube like what was I doing hanging out at fox or CNBC or Bloomberg or any of those weird places
Starting point is 00:28:00 nobody knew what they were. Those are the kids these days. Okay, those are the kids because how do people actually get their news and entertainment? They get it from YouTube. Okay? YouTube is just dominating this space. It's killing it. Actually, I was looking at some numbers here. Who's on the tube? That's how you like this graphic. And this is amazing. So many of you actually watch this show, and thank you for watching this show on playback. And you watch it on your big TV. And I couldn't believe when I saw my own numbers. Like half of you guys are doing that. And I was like, wow, it's, it's not just small screen phones, it's big TV. And sure enough, when I looked at the overall numbers, this is actually versus Netflix, YouTube has a 14.2% share. And then you look at streaming overall. Where are people getting their news and information and
Starting point is 00:28:46 their entertainment? Streaming is half. That number is just going up, up, up, up, and away. So if it's half today, what is it tomorrow? What is it next week? What is it 10 years from now? That dominates. Broadcast is still kind of heavy in that it's 19.5% and cable, cable interestingly, is only 18.7%. So actually streaming has basically just gobbled up the cable business and broadcast is hanging on for dear life. So this is the change that we're all living through and we're part of and you're here watching this show. You're part of it together with me. And so you've got new media crouching, really taking over, if you would, old media, and you need to position yourself if you're a media company today or if you're a content creator for that future. I mean,
Starting point is 00:29:37 one of the benefits, I think, to being a creator and in an environment where content is king, is that content still is king, right? The distribution doesn't matter anymore, so I don't have to go work for Fox. I don't have to go work for Bloomberg or CNBC or any of these places where, historically, and certainly when I started my career, that was like it. Like when I was younger, it was like, wow, I want to be a network correspondent. I didn't even think about cable, right? Because, I mean, as a little kid, like, if I was going to be on the news, I wanted to be on network news. Because cable didn't even exist.
Starting point is 00:30:08 I remember when MTV first came out, I was so confused. I must have been in the fourth grade. And I sat there watching it and I thought it was a commercial. Like, I just didn't get it because they were singing to these videos. Anyway, the point being, this is all happening really fast. happening in our lifetime, right? So all of these changes as we move to the future and it's just going to keep compounding and compounding and compounding and compounding and compounding. And if you don't have a management team that understands that and welcomes that, then you're basically up a creek
Starting point is 00:30:36 without a paddle. But I think the good news for CNN, the good news for Warner Brothers Discovery is you get someone like Ellison in the driver's seat. And he's looking at this and saying, gee, how can I embrace new technology and new media? Well, what do you think Elon Musk has done, right? Who also might be an investor in this project? Elon Musk has said, hey, I'm going to empower everyday people to do their thing. I'm going to empower the man on the street to go out there and be a citizen journalist. And then we wind up with gems like Nick Shirley, right?
Starting point is 00:31:09 Because all it takes is a brain and a question and some curiosity and determination and a phone. And you can go out there and gather all this tremendous information and expose things and have content. I mean, it's a beautiful thing in my view. And take that forward, not just from the news perspective, but take it to the entertainment world. What if we could live in a world where I said, gee, you know, it's Saturday night and some of you guys may know this about me. I will choose to watch a romantic comedy if I, you know, I don't like scary movies and I, I, don't like a lot of suspense. I'm like, you know, I'm in the news world. We get enough suspense there with real life. So if I'm going to escape, I'll watch like a nice romantic comedy. Well, guess what?
Starting point is 00:31:56 In the future, I'm going to be able to almost make my own movie. I could say, hey, you know, I want this kind of actress and this kind of actor and I want this kind of ending and da-da-da-da-da. I mean, you are going to be able to do all this on-demand. And so Hollywood's changing. And if you don't have people at the helm that understand these changes and appreciate these changes and welcome these and embrace the technology, if they fight it,
Starting point is 00:32:21 then hey, you know who's going to take over? China. Our fantasy commission says for him it's all about the friendships. Cute, Kevin. But I disagree. Like with about 365. I get paid the second my team goes up big with early payout and can cash out at any time before the game ends.
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Starting point is 00:33:26 Spotify advertising connects you with an audience that's engaged and ready to discover your brand. Launch a campaign with Spotify Ads Manager. Right, think about the U.S. and how we've exported our wonderful culture and our belief in freedom and capitalism all over the world. Well, if we don't continue to do that, China will. Look at the success they had with TikTok, for example, right? They recognize the power of being in charge of culture.
Starting point is 00:33:58 They can help dictate that it's the Mamdamis and the El Saeeds and the Rashida Talibs and the Ilhan Omar's of the world that need to be in charge. Why? Because that works for them. So there's a political component, if you would, to all of this. Obviously, the marking component is that you just want. the best creativity and the smartest people in the room coming up with the best ideas to entertain people for the future. But the political component or the cultural component would also be you want
Starting point is 00:34:28 American culture to dominate. And so this is important on a national security level as well. But it's bad news for Netflix. I'll tell you, who's the loser in all of this? I mean, besides the CNN anchors, right? Who's the loser? Netflix. could be going bust. That's the word on the street anyway. I mean, you could go, remember Blockbuster? And remember how Netflix put Blockbuster out of business? I mean, it's like history just repeating itself. Stock downgraded pretty badly. This is amazing, right? So they got downgraded, if you would. I would say that they're in big, big trouble. Unless things change, you know, there's always a chance, if you would, for things to change. But Netflix could, if it's not careful, find itself. in a situation, much like, much like Blockbuster years ago. I mean, they weren't really kidding
Starting point is 00:35:20 when they coined the phrase, go woke, go broke, right? It's happening. I'm looking at Netflix right now, and this stock got downgraded effectively, dare I say to trash. But, you know, it kept giving us all that nonsense from Obama, right? And then we had to sit through Megan and Harry, and oh, my goodness, I'll just tell you, you know, customers have revolted. You've got mass cancellations. they keep raising prices, and the company's in trouble. It's in big trouble, especially with the Paramount thing going through. I don't see them unless they change drastically. And look, I'm told by sources close to them that they are viciously competitive
Starting point is 00:35:56 and that they're not going to stand by and let this one just sail away. So I said to a source recently, well, then they're going to have to get their act together because go woke, go broke is real. Okay, you just can't keep paying Obama millions and millions of dollars and expect him to turn you some numbers. Like, that's not how it works in entertainment. You've got to be a little bit more capitalist and a little bit more savvy.
Starting point is 00:36:20 But I do think it's kind of ironic because I remember, do you remember when Netflix first came out? I remember how we all got? I don't know if you got, but I was so excited because, like, you could plan ahead on Friday night, you'd get your movie delivered in the mail and you get a CD. I tell my kids about this, and they're like,
Starting point is 00:36:36 what is a CD? I'm like, all right, we're going to back off a ways. But you used to get your CD in the mail, and it was so annoying having to mail that thing back. That's what really annoyed me. That was the only challenge with all of it. But it took over for the VHS tape. And then my kids are really like, well, what do you mean the VHS tape? But I'm like, yeah, we used to go to Blockbuster Video, and we'd like peruse the aisles.
Starting point is 00:37:02 You know, that would be half your Friday night right there, right? You'd peruse the aisles and try and find a movie to watch. Well, Netflix changed the entire industry. They were the new kid on the block that totally reinvented Hollywood, which is what I think Paramount's going to do. I mean, they created, if you would, binge watching. How amazing is that, right? And they put Blockbuster out of business.
Starting point is 00:37:21 Well, now I got news for them. Guess what? Ladies and gentlemen, Netflix is about to get blockbustered. Couldn't happen to a nicer bunch, right? Remember, this is the crew, again, that did all those Obama deals that put Susan Rice on their board of directors, and they launched a whole series of... programming with trans characters.
Starting point is 00:37:41 Yeah, they're really, really into the trans thing. They just couldn't get enough trans characters, including on all their children's shows. And they would not stop with the nonstop virtue signaling to all of us. Again, like I said, if entertainment is embedded with culture, and if you're trying to really create a stable culture for the future, then why are you doing all of this nonsense? But that was what they were all about. It's still what they're all about.
Starting point is 00:38:07 So what did people do? Well, they rejected it, right? They went elsewhere. We all went elsewhere. And as a result, you had more and more technology growing up in every other place. And people found what they appreciated and wanted to watch. And maybe they did that on YouTube and via other mechanisms. Maybe they're watching on X.
Starting point is 00:38:30 This technology is changing so fast. We don't need the gatekeepers at Netflix anymore. They're out there curating our content. Hey guys, we can get it ourselves. That's what we can even make it ourselves, right? I mean, think about it. YouTube lets anyone in. X lets anyone in.
Starting point is 00:38:53 A kid with a cell phone can build an audience faster than a Netflix development executive with a $20 billion checkbook. Think about that, that democratization of entertainment and news. And yet Netflix is out there still acting like they are so darn special. Like they got it all going on. Like they're going to curate culture for you while the stock is getting gutted.
Starting point is 00:39:16 And Wall Street has finally said the quiet part out loud. You know what? I'm telling you, this thing is not a one-time dip. This is a company aging out. This is a company getting, wait for it. Blockbuster. Okay. That's what's going on.
Starting point is 00:39:35 remember what happened to Blockbuster. It went bankrupt. I mean, it went back. I've been looking at the numbers, and I mean, they're hanging out around 70 bucks. It's down like 24% this year, 41% over the last 12 months. That is not a bad week. That is the market basically taking what they once thought was a gross stock and putting a gross stock multiple on it and dragging it down into the tired, old media stock.
Starting point is 00:40:03 Uh-huh. and it gets worse. So take a look at this. I was reading this earlier before I came to air with you. This is a report that came out of Wells Fargo, and it's pretty substantive. It's the Equity Research Division, but the headline here is they like to use fancy words.
Starting point is 00:40:23 That's why if you haven't subscribed to my research, at 76 research you should, because we don't try and tell you anything other than the truth. Here, they're calling it underweight. They want you to underweight. They're cutting the stock. A guy named Stephen Cahill over there at Wells Fargo. The Wells Fargo, yes, is not really hedging.
Starting point is 00:40:43 Well, he is hedging because his language is so darn polite. He's saying that the stock is underweight, which the translation is sell. So again, in my research at 76research.com, we try to be a little bit more up front. So if we want you to sell a stock, we'll just say, you know, sell. or buy. But this is underweight. And he thinks that the price target is going to be $57. So this thing is going down.
Starting point is 00:41:10 He originally had a price target of $80 on it. And if you get into the nitty-gritty of it, he's basically looking at, and I quote, engagement trends. Engagement trends look worrying to us. Netflix, he said, has lacked big original series, and it's showing. We see breakout hits as a must for the stock.
Starting point is 00:41:32 to work again. But again, don't forget what I just told you. I mean, how the heck are they going to get a breakout hit when they get a whole bunch of libs that all think the same? They can't figure out which end is up. They can't figure out a hit to save themselves right now. I mean, I'm sorry, they're just not very talented. But they make a lot of money and they have big checkbooks. So how long does that last in this new media environment? He also says that members of Netflix, they watch 1.6 hours a day, or they did for the first half of 2026, which is 8% less than 2023 when you adjust for the password crackdown. He expects viewing on the top 100 originals to drop 21% in the back half of the year. Wow. Okay. And US TV share slipped under 8%. If you read between the lines here,
Starting point is 00:42:25 he doesn't think it's growing in the US anymore at all. Like the only hope is that it's going to grow Europe. And that's Wells Fargo. And there are more reports. I mean, HSBC was out there with another one. They took it down from by to hold, another fancy way to say, get rid of this dog. Get the heck out of this dog as best as you can, right? They're too polite. But who are they concerned about? They're concerned about YouTube. Naturally, because, as I told you, YouTube is where it's at. This is the biggest share of television time. And Netflix is now down to 7.8% with YouTube at 14.2. So they are eating Netflix's lunch. They're eating, well, actually the whole living room. They're like gobbling it up, right? You put on your television and what are you watching? It's not Netflix.
Starting point is 00:43:12 You know, again, anecdotally, I can tell you, I get so many of you that are watching the show on the big screen, on the television screen. You know, I'd be on Netflix too if I could. But apparently you have to have a fancy schmancy Hollywood agent. I can tell you I'm done with broadcast news agents. I've had plenty of them through my career. I had one good one who unfortunately died. And once he was gone, I was still at Fox at the time. I was like, you know what?
Starting point is 00:43:37 He was the only decent one out there. I'm not getting an agent again. So I'm a thousand percent independent. And, you know, you want to do a deal with me. I have people that help me. But I won't use an agent. Absolutely not. But at Netflix, you have to have one of those highly connected, powerful agents
Starting point is 00:43:53 that go to lunch, Tom Dick and Harry, or whoever's over there, in order to be on their networks. So think about that, too. I mean, I'm on Spotify every day. I'm actually one of the top 50 news shows on Spotify, so follow me there. I'll make sure to put that in the links. I'll put that in the show notes. I don't think I did, but I'll make sure when I get off here, I do that.
Starting point is 00:44:12 And I'm on Apple audio with podcasts. So I'm just saying, the bottom line here is, like, Netflix is saying, no, no, no, no, no. We are the gatekeeper. one can come in. And it's like, guys, nobody wants in. Okay? We can go everywhere else. So you're going to have to fix that if you want to keep up with the times. The Netflix model is broken. And that's the part. Hollywood still does not want to admit. I mean, heck, they were just getting used to it, right? They just got used to Netflix being out there. And they just realized, okay, blockbuster films are not where it's at anymore. We're going to have to come up with some new
Starting point is 00:44:51 creative way to deliver content. All of a sudden they figured out that people would binge on these really good shows. The problem is, keyword, really good. Or let's just go with good, okay, because they don't have any good shows. And so I don't know what to tell them. I mean, you can't bundle taste anymore. Netflix's entire pitches, you pay us, and we will decide what's good. It only works on the alternative is blockbuster and three broadcast networks. I'm sorry, the alternative is infinite. You get sports on YouTube. You get comedy on X. You get a Korean drama that didn't need a Los Gatos Silicon Valley notes meeting to actually come into creation, a creator who doesn't have a VP of inclusion strategy. Netflix hasn't figured that out yet. And that's why Wall Street is saying,
Starting point is 00:45:37 so let's get out of this. You got bloated. Hollywood Entertainment Egos that at least for today can still write a big check, but not for long, not for long, not for long. Okay, the executives have proven. They have no discipline. They're spending $20 billion a year on content that nobody wants to watch. So now they're turning to this free thing and they're putting like woke podcasts in and games and reality shows. And they're trying to compete with YouTube. But here's the problem. YouTube is free.
Starting point is 00:46:07 Spotify's free too. Netflix wants you to pay. So if you're just getting everything you'd get on Netflix, or forgive me on YouTube, Why would you pay for Netflix? You wouldn't. You just wouldn't. You know, you pay for a service that you actually need and that you actually want. And right now, you don't need or want it.
Starting point is 00:46:28 And they've made themselves like a political hot rod. I mean, like, they are just like too, too political with their woke garbage. I want to show you. Let's go back to some of those hearings in February. This is testimony before Congress from the Senate hearings. And, oh, boy. It would fail pushing apolitical view or propaganda. We deliver entertainment to consumers.
Starting point is 00:46:51 Our consumers see our business pretty much the way they see America. Okay, that is Ted Serendos. He is the CEO, and I'm just going to tell him. Sorry, guys, you're not that entertaining. It's just not that entertaining, because your entire agenda is totally political. That political agenda is so very apparent and become a part of the rot, if you would, at Netflix. not every title, but a lot of titles, right? And every time they publish something with their never-ending woke nonsense agenda,
Starting point is 00:47:25 well, you know what? You're telling the audience, or at least half the country, so half your audience, this product is not for you. I mean, you had the Bridgeton rewriting of the Georgian court as a diversity seminar, and you get the kids' shows with the trans storylines, like paranormal park and babysitters club, Transformers, spark explaining non-binary to seven-year-olds. Are you kidding me? Are you kidding me? And then cuties, which they're never going to live down. I mean, that was like the French Netflix team that
Starting point is 00:47:57 brought the world a whole lot of really inappropriate camera shots of young girls, which led to a viral cancel Netflix campaign. And then you had the Gone with the Win page that lectured us about racism and told us to go to Black Lives Matter. Black Lives Matter, who by the way wants to destroy the nuclear family and defund the police and install reparations for everyone. Yeah, that's really not going to fly. Just not going to fly. I'm sorry, guys. So in February, like, Republican senators are out there, and they're asking these questions to Ted Sorondos, as I said, the co-CEOO. And, well, let's just say, under oath, it got really good because Senator Josh Hawley asked, why is so much of your content, your kids' content out there pushing a transgender ideology.
Starting point is 00:48:48 Almost half of your content for children. I'm talking about minor children now. I'm not talking about teenagers. Minor children promotes a transgender ideology agenda. I was just looking at the data here from your various series. If you turn on Netflix, you'll find that an enormous amount, and I say this as a parent with three young children, an enormous amount of your children's programming,
Starting point is 00:49:11 has this ideology and agenda in it. Is this an advocacy position for Netflix? Are you, is this an ideological commitment you have? Why is this? Senator, Netflix has no political agenda of any kind. I would tell you that we have... Well, then why is your children's program so full of this highly sexualized, highly controversial, highly controversial agenda?
Starting point is 00:49:35 I don't understand it. It seems strange to me. Respectfully, sir, it's because it's inaccurate. We have millions of... of hours of children's programming. You're saying it's not there. You don't have trans, you don't feature trans characters, trans storylines, trans themes. It's not in your programming.
Starting point is 00:49:51 I'm saying we feature a wide variety of stories and programs to meet a wide variety of people's tastes. Why is almost half of it? Why does almost half of your children's program feature this highly controversial, highly sexualized material? That just seems strange to me. It can't possibly be a reflection of the population.
Starting point is 00:50:09 I don't have any idea where that. number would come from or what that would be. I don't believe that's been your personal experience, but I can't speak to that. Well, what do you mean? You don't think it's been my personal experience. You don't think that I monitor what my children watch on your, here's what I tell you what my personal experience is since you bring it up. My personal experience is that my three children, I can't let them watch anything they want on Netflix. I can't let them watch anything on Netflix unless I preview it. Wow. So, you know, this guy just got raked over the coals. I mean, it went from bad to worse. and I'm telling you, like, this company, they've got to figure it out.
Starting point is 00:50:43 Like, Teddy Boy, you better, like, I don't know what to tell you. You better, like, rethink your entire business model because Wall Street's right. You are now officially an old media company. Paramount's coming in. They're going to eat your lunch. YouTube is eating your lunch, and they're going to keep doing it, for goodness sakes. I'm just blown away. Here's Schmidt.
Starting point is 00:51:04 Oh, let's go to Representative Schmidt. I want to show you this because he really, I mean, he really, he's, He just destroyed him. He just destroyed the CEO. On June 20th, 2020, on its X page, Netflix posted a video titled, quote, To my white friends, guilt, shame, embarrassment, end quote, and saying, quote, we need to do everything in our power to amplify that message. Do you stand by that statement? I have no recall of that statement at all. Okay, I just read it to you. Do you have an opinion about it?
Starting point is 00:51:34 I don't have any idea what context is in or anything. Okay. In the wake of a social media. of the George Floyd riots on June 20th, Netflix posted on its page, to my white friends, guilt, shame, embarrassment. What does that mean? I think that is an uncharacteristic post that I'm deeply regret if that got posted that way. Okay, well, it did. Um, Netflix also said on May 30th, to be silent is to be complicit. Um, I don't, okay, I was just reading you some things that Netflix posted at the time. Um, so you, you don't, you don't, stand by that statement then.
Starting point is 00:52:10 As I said, sir, we have no political agenda. Posting something like that would be quite political. Right. I would agree. Yes. And I would say, I hope that wouldn't happen again. Oh, my gosh. Oh, and yet it did, right? Like all kinds of things kept on happening.
Starting point is 00:52:26 And, you know, this guy, I'm sorry. I just, I don't know what to say because I think that they knew exactly what they were doing. And they were trying to curry favor with the administration while simultaneously, Karee favor with all the people they loved because this was their viewpoint and this is what they believed in And so you know you go to Ted Cruz I mean this is you know Ted Cruz isn't putting up with any of this nonsense and he brings up Billy Elish as a as one example
Starting point is 00:52:55 Are we right now on stolen land? I have no idea the history of this land of this other where we're sitting today No do I send her So that speaks volumes that neither of you are willing to say hell no we're not on stolen land. And I will say, at the Grammys, when you see an entertainer say, nobody is illegal while we're on stolen land. And then you see entertainers leap to their feet clapping so excitedly at the notion that America's fundamentally illegitimate, it starts to convey that the entertainment world is deeply corrupt. And I will point out that same singer who says no one is illegal on stolen land promptly went back to her $14 million
Starting point is 00:53:36 mansion and somehow that stolen land she wasn't concerned about, just the United States of America. Look, Netflix has long been a left-wing company. Yep. Your founder, Reid Hastings, is one of the biggest Democrat donors in the country. Yep. Including giving millions recently to the massive gerrymander in California, making it one of the most gerrymandered states in the Union, because your founder desperately wants a Democrat House of representatives. Susan Rice from the Obama White House is on your board of directors.
Starting point is 00:54:14 Yep. You guys gave $50 million to the Obamas, as far as I can tell, to produce no discernible content whatsoever. How would you tell a Texan sitting at home to feel comfortable? CNN is already a dumpster fire. There's nothing resembling objectivity. There's nothing resembling journalism anymore. How are people at home to, how should they feel even remotely confident that if this merger happens, the combined entity would not simply be a propaganda outlet pushing one particular political view with much greater market power than you have now? Well, sir, we would fail. We would fail pushing a political view or propaganda. We deliver entertainment to consumers. Our consumers see our business pretty much the way they see
Starting point is 00:55:04 America. About 40 percent conservative, about 40 percent liberal, about 20 percent don't know. But when they turn on TV, they're tuned in to be entertained. And if we fail to entertain them by trying to promote propaganda or something, or something, anything other than entertainment, we fail. Well, you're failing. Don't know what else to tell you guys. You are definitely failing, which might be because you actually are not providing entertainment, but you are providing political messaging.
Starting point is 00:55:36 Remember Susan Rice? I'm not going to bore you with this soundbite, but I played it the other day for you. she's on the board and she's Obama's former national security advisor and she's on the Netflix board. I guess she helped sign off on that $50 million pay package for the Obama's. Well, right in the middle of this 83, well, actually, forgive me, $110 billion, Warner Brothers Discovery merger. You know, she was out there. I'm sorry. Like, you wanted to get that thing through. You really didn't want her on the board and you really didn't want her basically saying what she did. She came out and She threatened any company that does anything that Trump wants.
Starting point is 00:56:12 If you, quote, take a need of Trump, you should be ready for subpoenas because she's coming for you when she and her team are back in charge. I mean, that kind of vicious, partisan... Our fantasy commission says for him it's all about the friendships. Cute, Kevin. But I disagree. Like with about 365. I get paid the second my team goes up big with early payout and can cash out at any time before the game. No hard feelings, Kevin.
Starting point is 00:56:40 Just faster payouts from Bet365. The home of winning early. Must be 19 and older. Ontario only. Please play responsibly. If you were someone you know as concerns about gambling, visit connectsontario.ca or call 1-866-5-3-1-2600. Terms and conditions apply.
Starting point is 00:56:54 Very directed threats. Like, that's not good, right? And you can't have an entertainment. They were trying to get Warner Brothers discovery. And I think that that probably hurt them quite badly because if I'm a shareholder, right, I don't want my company going with the deal that might not go through. I want the sure thing. And by the way, David Ellison was also offering more money.
Starting point is 00:57:17 So I was going to get more per share if I went with Ellison and I had a better shot of getting that deal through. And I'm just going to tell you this, it is the better move for the company for sure, because you're going to actually have a forward-thinking group that isn't obsessed with constantly lecturing us about wokeism. I'm telling you, things are changing. They're changing at CNN. They're changing at all of these companies. Netflix, bye-bye, okay?
Starting point is 00:57:45 You either change and get with the program or you are going to fall because you're out there curating your sermons while David Ellison is buying Hollywood, okay? He beat you, and he beat you big time. $110 billion later. The whole company, Warner Studio, HBO, HBO, Mac, CNN, the cable stack. Netflix's bid was, oh, well, you know, we're the nice ones to have.
Starting point is 00:58:12 We're going to help promote wokeism. We're in the club. Hollywood likes us. No, no, no. It's about capitalism. It's about success. What is going to move the needle forward? And so this week, well, sometime in the next five days. Ellison will own it. And he's going to have studios. He's going to have big-time prestige TV. He's going to have news divisions, including CNN. He's got a streaming bundle that isn't just an app with a lecture attached. He's got a massive entity.
Starting point is 00:58:53 Trump World Access, Barry Weiss at CBS, a company that at least pretends the audience is actually the whole country, not a development Slack channel for a bunch of woke idiots that can't, with $20 billion, pick the right show. This is going to be amazing. It is going to be different and it's going to be great. And hopefully we can get back to some normalcy. We can get back to good TV and we can embrace simultaneously the technology that's going to make entertainment new.
Starting point is 00:59:30 and exciting and different just as it has in news, right? Just as we have the citizen journalist out there capturing everything, we don't have to wait around for whatever's published from the Los Gatos, Silicon Valley meeting that day. We are getting real content from real creators with an open platform so that everyone can get in. I love it. Like, I just love it. And you know what else I love? Okay, so long as we're on the subject of what Trish loves today, I love that the blue wave is now in jeopardy because the blue wave is looking more like a little teeny, itty, little ripple, if that, all right?
Starting point is 01:00:04 Big story out of New Hampshire last night. You know me, live free or die in New Hampshire. I got a kick out of this one. This is Chris Pappas, and he may not win. He's running for Senate. Chris Pappas is from Manchester, New Hampshire. Some people like to call it Manch Vegas. It's the big city, okay, in New Hampshire.
Starting point is 01:00:21 Manchester is where he was born and raised, and his family owns a very nice little restaurant there. called The Backroom, and if you've ever been to New Hampshire, if you ever go to New Hampshire, I know he's a Democrat, but you got to go check out the back room because they have the best chicken fingers you've ever had in your life. Honestly, I have never had. I can rate chicken fingers, because my kids, you know, every time we go to eat, they always order chicken fingers, like all over the world. We have more chicken fingers. And I got to tell you, even they would agree. The backroom's chicken fingers, this is Chris Pappas, they are the best, okay? But that's basically what he's good at.
Starting point is 01:00:53 The restaurant business. He has gotten into politics, and apparently he's, he's, may not win. You see, because he's up against a really formidable competitor, won John Sununu. And Sununu comes from the legacy Sununu family. Don't forget, his dad was part of the Reagan administration, and he has held various positions in New Hampshire politics, as has his brother. And so you're talking about a formidable opponent. Now, the tricky thing is, is New Hampshire's gotten kind of, how do we say, purple in recent years. We've got all those people moving up from Massachusetts, so that's having an effect on things. But I will tell you this, the article that I read last night,
Starting point is 01:01:34 in AP, okay, I'm gonna get to this blue wave at risk, but I think New Hampshire is a good microcosm of what's going on, they're putting it at New Hampshire being Exhibit A for what may not happen. You may not get this blue wave, because if New Hampshire is a tell here, then it points to the Democrats not really having the upper hand.
Starting point is 01:01:55 Democrats, the article writes, point to Republicans, overwhelming financial advantage, who-hoo, that is allowing them to dominate the airwaves in the closing days of the campaign. I don't, you know, I will say this. I don't know how much of an advantage that really is. Don't forget that Donald Trump didn't have anywhere near the advertising budget in 2016 of Hillary Clinton. And don't forget, Kamala Harris had won a heck of an advertising budget, right? What good did that do her? So, you know, they're saying, you know, they don't have enough money, and they're saying, give us more, give us more, give us more, don't be too optimistic. We may not win New Hampshire, but I would say, you know, it's worth,
Starting point is 01:02:29 it's worth focusing on, but big picture, overall, this is very interesting to me. Their blue wave is getting, you know, smaller and smaller and smaller. So Rasmussen, which is a pretty good polling outfit, they have the Democrats leading the House, anyway, up by eight points, and that was basically September 10th and then September 17th. I actually haven't seen the most recent numbers if they've done them, but that lead was diminished to just up five. And you know, anything can happen in polls. Anything, anything, anything, anything, anything can happen in polls. I want to emphasize that.
Starting point is 01:03:06 Now, you look at New Hampshire, why could the Democrat, with the most fantastic chicken fingers from Manchester, New Hampshire's back room, why could he maybe lose to Sununu? And I think part of that is because in live-free or die country, they're not so keen on communism or socialism for that matter. Okay, so there's this thinking now when you look at the most recent poll from the New York Times-Cyana survey out. It was done, actually. It was out recently, but it was done September 8 through September 13th.
Starting point is 01:03:41 They found that the Democrats were moving too far to the left, nearly half the country, thinks Democrats are moving too far to the left. So that's that concern, if you would, about communism and socialist. and what we're seeing with all these radical candidates. And that is going to come back, I think, to haunt them. Let's go to Harry Enton over on CNN. He's going to keep his job at CNN. He's going to keep his job at CNN.
Starting point is 01:04:04 He's pretty good. I like him. And no matter what he's giving you for information, he tries to present both sides always, and he's got so much enthusiasm with the way he does it. So let's take a look at what he's looking at today. Okay, Midwest polling Mrs. GOP outperform September polls by in the major 2024 races,
Starting point is 01:04:20 that is president and Senate in the states that had a Senate race. In Iowa, the Democrats have been getting really good polls. Republicans outperform their September polls by nine points back in 2020. How about Ohio? Six points. How about Michigan? Five points. And I will note that the leads that the Democrats have in all of these races right now are under
Starting point is 01:04:39 how much the GOP outperform back in 2024. So you look at this and you go, you know what? Maybe we should just hold on a second here because we've seen this dance before and it was not a dance that Democrats like when the votes were actually casting count. Okay, but a skeptic could look at the say, Harry, this is 2024. Donald Trump was on the ballot then. What about races where the president is not on the ballot? Yeah, exactly right.
Starting point is 01:04:59 So you know, 2024, 2020, 2016, Donald Trump outperformed in these three states by significant margins. But what about a midterm election? You can go back to Donald Trump's first midterm election. And it's the same exact story. Look at this. The GOP outperformed September polls in the major 2018 statewide races by six points in Iowa, six points in Ohio,
Starting point is 01:05:20 and eight points in Michigan. The bottom line is this. Over the last few cycles, whether it be 2018, 2016, 2020, 2020, 24, Republicans have outperformed their September polls by at least five points in all these three states where Democrats right now are ahead, but not by a wide enough margin, whereby if Republicans outperformed their September polls again, it could become very, very interesting. Okay. Now, overlay this. And when you look at some of the MAGA voting patterns, I mean, this is a group that's very loyal. And I think even though they've been frustrated by energy prices, which actually are beginning to soften a little bit, I don't know if it's going to be in time for November 3rd, but they are
Starting point is 01:06:01 starting to soften. And that's something that the Democrats hadn't necessarily counted on. You know, it could be that MAGA really shows up in ways that some of the pollsters aren't even anticipating just yet. Again, back to Harry. These folks say that they're going to vote for congressional Republicans come the midterm elections. Again, that's the 99% that Trump got against Kamala Harris. Look now, in terms of the congressional vote, 98% of them say they're going to be voting for House Republican candidates.
Starting point is 01:06:28 So that support is actually really holding up strong. It's really, really strong when it comes to MAGA GOP and Republicans holding on to that vote. And more than that, more than that. So again, you know, the Democrat Party going super, super left, here's what I would say. regardless of what happens, first of all, I keep out my hope and I've been through this enough and 2016 was just a great example. And even, you know, just last time around in 24, when I was looking at some of the data a month out, it still looked like Kamala had a really good chance. And then what do you know? Everything started to compress and shift right at the end there. And that could certainly happen here as well, not to mention that polls can just be wrong, right?
Starting point is 01:07:12 because they were in 2016. It was pretty amazing how that all unfolded. So what actually happens, I think a lot is going to depend on whether or not people really feel like costs are coming down. The president is furious about interest rates because they hiked those and you know, you get all this AI productivity that's going on. And there's a lot of reasons. I think you can make the argument certainly on both sides. But right now, the feeling is this is a new kind of economy. And so we have to compensate for that. And unfortunately, when you raise a lot of the economy, rates, you saw that mortgage rates went up again today, the highest they've been in years. When you raise rates like that, it penalizes the average person. It's not going to slow down AI spending
Starting point is 01:07:52 because we're in kind of an AI war right now. It is a race to the top. So it's not going to actually back off any of that investment. You're just going to wind up hurting the very people that make up this great country. And so it's the middle class that pays the price for all of that. So that's one of the big concerns. We actually have a terrific note out today on oil and Iran. and the soon-to-be very significant real challenges of Iran as it just collapses economically with the reality that they have no more energy to sell. They have no more oil to sell.
Starting point is 01:08:24 I mean, they got oil. They got oil. They don't want to do with all their oil. It's just flowing over, right? Because they can't sell it because of the blockade. So I encourage you to get that note. This is my other company, 76research.com. Take a look at those model portfolios while you're there.
Starting point is 01:08:37 Eight to ten stocks in each one of those. So go to 76 Research.com and sign. up for that if you would today. You know, I was talking a lot about culture and about Netflix and about YouTube and Paramount and how we kind of need to get back to some level of respectability and decency. I'm all for the technology embracing that, but yet simultaneously having, you know, the ability to sort of rise up with the good that's out there, right? And there's a lot of good in society. There's a lot of good in America, but I've got to say right now, I'm starting to think, you know, we live in a pretty messed up world, a really messed up world, so messed up that, you know, people think they can
Starting point is 01:09:21 reinvent reality and they can twist fiction and get on TV and dare the rest of you to keep up. I mean, just the fact that I'm actually agreeing was something that Sunny Houston said today on the view makes this world sort of upside down place enough. But consider what I'm actually, what's going on with Lindsay Clancy's lawyer. You are not going to believe this one. Lindsay Clancy, you know, the Massachusetts mother who killed her three kids in January 23, and then, you know, the whole story with the inability to reach any kind of resolution because you had a lone juror there when she went to trial. Her lawyer, for six weeks, got up in front of the courtroom and did not dispute that she killed the children. And that wasn't a fight. The fight was actually whether she was criminally responsible for killing them because she is alleged to have had postpartum psychosis. So she did it. He told the jury, but she was not in her right mind when she did it. The jury deadlocked 11 to 1 towards finding her not criminally responsible and the judge declared a mistrial on September 4th.
Starting point is 01:10:37 then this week, her lawyer, Reddington. He walks back into the same courtroom and in front of the same exact judge. He asked where the evidence was that she had ever done this at all. And I'm sitting here going, are you kidding me? I mean, talking about being gaslit, my gosh, here's Reddington. So I asked the court to harken back
Starting point is 01:10:59 to the evidence that was presented and ask yourself, where's the evidence that she did this? where is the evidence that she did this? We're debating that now? Like, seriously? I mean, you told NBC three weeks ago that Lindsay rejects the internet theories blaming her ex-husband, Patrick,
Starting point is 01:11:23 and that the person that committed those atrocious acts did it because of postpartum psychosis and the medication she was on. And now you're trying to say, well, prove that she did. I mean, I can't believe this. And I also can't believe that Sonny and I agree on anything, but credit to her for this one,
Starting point is 01:11:43 because she's calling it out as well. This is the woman on the view who actually is talking some sense. And you know what? Credit where credit is due. I don't understand how you can spend an entire trial arguing that she did it, but she is not criminally responsible because she was suffering from a psychotic episode
Starting point is 01:12:03 in postpartum psychosis, and then turn around in front of the very same judge and say there's no evidence that she did it. I'm not convinced he's not on TikTok. I think that's just a terrible. Yeah. No, that's on TikTok. It's really regurgitated pretty much every talking point
Starting point is 01:12:17 that was like that the TikToks. Lighten it up on the top. It feels very conspiracy theory and not grounded in the law. And I don't love this new position. But you have to be crazy, let's face it, to kill your children. Yeah.
Starting point is 01:12:30 You have to be mentally ill to do that. Well, that was her defense. But that's an open and suffering from psychosis. For what it's worth, if I don't know, it, I would want to be locked up the rest of it. I'd be like take me now. I mean, really, right? Why would you, why would you be protesting that? Look, Sunny's right. Sunny's right. And I don't say that very often. I usually think she's like way out in left field. But let me tell you, you know, legally in Massachusetts, lack of criminal responsibility is an affirmative
Starting point is 01:12:58 defense. And it assumes that the state has already proved you did the act. And the question for the jury is whether because of a mental disease or defect or psychosis, you could not appreciate that what you were doing was wrong or could not conform your conduct, I guess, to the law. And so, you know, I just going to say, you don't spend six weeks conceding the act, trying the case on mental health, and then alter everything because you don't get the verdict you want and go back and tell the exact same judge that the act was never proven. And so therefore, you know, you're going to throw all that out? Are you kidding me? I mean, this is like, we are living in a nutty, insane world.
Starting point is 01:13:37 And it's like if you get on TV and you tell this story, then suddenly you got a whole bunch of people believing a bunch of BS. And so that's just bonkers to me, absolutely bonkers. And Sonny calling it out, you know, is important. She pointed out, it's not grounded in the law. And that's exactly the problem. There's no law to govern any of this. And, hey, you know, this is an amazing day.
Starting point is 01:14:01 and we live in a kind of terrible world, I get to say, but it's a crazy world when I don't just agree with Sunny once, but I agree with her twice, okay, in one week. And this is on the Jane Doe Cornell case that, I mean, look, I got to say, first of all, I did not want to go near this story. I really just find the whole thing positively, absolutely, utterly disgusting.
Starting point is 01:14:31 utterly, like, I've actually, like my whole sort of faith in humanity has come into question. I can't even say what went on, but just suffice it to say there's plenty of details out there, and this is an extreme example of just horrendous, disgusting behavior, and I just can't believe that this actually goes on. And what is concerning, though, is not just, well, what's concerning, is what went on, okay? Let's just start with that. Like, ugh, all right? But you've also got this woman, Jane Doe, who's telling one story in 24, where she's embracing everything and indicates that she voluntarily drank, she voluntarily took drugs, she voluntarily got it into a threesome and then some. And now in 2026, she's telling a completely different story. And I just don't know how you can legally
Starting point is 01:15:28 reconcile those things. I mean, obviously, morally, it is awful, but legally speaking, because this is the law, right, and they're bringing a case forward against everyone. She's suing everyone, but these guys who clearly are not playing with a full deck and, you know, pretty awful themselves. But, you know, in the sorority, everybody's getting sued. The school, I don't know how she gets away with this. I'm going to point out something else, which is really interesting about New York law. So in New York, if you choose to drink and if you choose to ingest drugs...
Starting point is 01:16:07 Our fantasy commission says for him it's all about the friendships. Cute, Kevin. But I disagree. Like with Bet365. I get paid the second my team goes up big with early payout and can cash out at any time before the game ends.
Starting point is 01:16:22 No hard feelings, Kevin. Just faster payouts from Bet365. The home of winning early. Must be 19 and older. Ontario only. Please play responsibly. If you were someone you know is concerns about gambling, visit connectsontario.ca or call 18665-3-1-2,600. Terms and conditions apply. And then you choose to do that awful stuff, then you can't turn around two years later and claim it was rape because you voluntarily ingested that alcohol, you voluntarily
Starting point is 01:16:48 ingested the drugs, and you voluntarily went and did these things. It doesn't excuse the guy's behavior. Obviously, they are complete schmocks and disgusting people. And like, I'm just horrified. I'm horrified that anyone would do this, that young men would engage in it, that she would do this, that they would do that, and that somehow no one, none of those guys, and there's seven of them, right? Thought for two seconds, gee, you know, maybe this is pretty depraved. This is maybe not a good idea. And Sonny is out there on the view. And of course, everybody wants to attack her because everybody takes the side of the woman, no matter what, right? The woman is the victim. She's the victim. She's the victim. And so Sonny comes out.
Starting point is 01:17:28 and she says, look, and she was a prosecutor, and she understands New York law, if you voluntarily ingesting alcohol and the drugs, you generally cannot come back and say that intoxication wiped out your consent. You can't do it under New York law. Now, some states are different, and they say, hey, you know, the guy actually has to be aware
Starting point is 01:17:54 of whether or not she's drunk or not, because if she's drunk, then she can't actually technically. consent, but not in New York. Voluntary intoxication, which is what it's known as. That's the loophole. And lawmakers have been trying to close it for years, but it's the way it is. A lot of states, as I said, they're not like that. They say you're too drunk to consent, so therefore that's that. Well, New York says, you know, if you choose to ingest that stuff, you're on your own. Which if you think about it, guys, if you think about it, that's kind of the whole argument here.
Starting point is 01:18:23 You are on your own. It's called individual responsibility. Let's listen to Sunny. The pictures of these young men who have not been charged, not been adjudicated, are being plastered all over the internet. I think people are reporting this story inaccurately. I think they're reporting it unfairly. And while this is something that we have to take very seriously, there is no way, according to her statement in 2024, that any prosecutor would have brought forth the case. Yeah, but she was intoxicated. How did she? Under New York law, again, under New York law, voluntary intoxication. If you voluntarily drink 10 beers
Starting point is 01:19:02 and you voluntarily ingest ketamine, but that intoxication... That doesn't have anything to do with the fact that the guys attacked her, whether she's drunk or not. No, no. According to her statement, she says they did not attack her. Her statement in 2024, she... My issue is with this New York law, though.
Starting point is 01:19:24 She consented to the sexual activity. She consented to it, according to her, own statement in 2024. Now, I prosecuted sex crimes for 10 years. I believe women. I am not saying that we shouldn't believe her, but in 2024, she said one thing, and now in 2026, she's saying another thing. Okay, so it's really hard to sit here and defend the indefensible, right? Like, and you can't. But I'll tell you, I spent weeks on the ground as a correspondent years ago when I was at CBS, and I covered the Duke lacrosse case. I was down there for about six weeks. And I got to say that was a far easier story because instinctively,
Starting point is 01:20:03 I was really troubled by that woman's account from day one, and I just kind of had this feeling, call it a six sense, right, that the evidence was not going to come out against those boys. I had this feeling that they were innocent. Again, I just, like a premonition. And then everything that I learned, it was like bit by bit by bit by bit, like the story just didn't add up. And yet they were hung out to dry by a press that wanted a story
Starting point is 01:20:28 about a poor black woman and these privileged white kids, these lacrosse players, you know, from fancy schmancy towns. And so they ran with that. And I had a lot of sympathy for the boys. And I thought, gee, you know, this is awful because they were so wrongly smeared. This story is not that, right? This is not that. From what I can tell, these guys are just complete schmucks and they have not denied the behavior.
Starting point is 01:20:51 So I'm left with this. They're creeps. She's a creep. They're all creeps. And maybe the upshot is that some of them, you know, you know, know, do they belong in jail? I guess not, because it's not technically a crime if she had consented, as she said she did in 24, but it's awful, right? It's just awful, so I can jokingly say, yeah, they all belong in jail, but they're just, they're just a bunch of degenerates, right?
Starting point is 01:21:15 So you go back to the law itself. I mean, the Tompkins County District Attorney, everybody's mad at him, right? Because he didn't bring the case back in 24, but you look at her sworn statement, for goodness sakes, what is he supposed to do? She alleged that she was, you know, fine with it, like that she was willing. So I don't understand, like, how you come back two years later and you say, we're going to prosecute this, and not to mention the whole consent thing in terms of the alcohol. I mean, morally, it's reprehensible. And I don't understand it.
Starting point is 01:21:51 We don't understand it. And then I think about how we were talking earlier about the change and the shift in pop culture. that's about to come. I think about all this rap music, which celebrates this kind of degradation of human beings and young women are encouraged, perhaps, by this same crowd that promotes and produces and nurtures this awful rap music and this just side of, you know, a degenerate culture. And that same crowd is now calling these guys monsters. on the one hand, the woman is encouraged to engage in this aggressive, destructive behavior, and then that same crowd that encouraged her to do that is turning around and saying,
Starting point is 01:22:38 it's the guy's fault. And I'm just going to say, like, if you're going to empower women, right, empower them from start to finish, you know, you are responsible for your actions, you're responsible for your decisions, you cannot look to the sorority or the fraternity or the guy that you're hooking up with that night to protect you. You've got to protect yourself, and so we've got to teach our kids this. You've got to protect yourself because, you know, there's some real depravity out there. And I'm looking at it, and I'm saying, how is it that seven boys did not understand how depraved and disgusting and awful?
Starting point is 01:23:08 And inhumane, this really was. Did they not understand the risk to their health? Did they not understand the risk to their lives, right? They have ruined their lives. These text messages would make you throw up. So people are shaken by it. You know, we're all shaken by it. You expect this from a ditty, and you're horrified when you learn about it from the Epstein stuff.
Starting point is 01:23:31 And then you find out that it's going on with kids. This depraved behavior happening with a bunch of college kids, American college kids at a really good school. I mean, I'm sorry, that brings us to colleges as well. Like, what are the colleges doing? You get all these kids that are being piled with alcohol, and you know what's going to end badly, right? Maybe you need to be more strict. Maybe you need to spot check the fraternities and just bust them. I'd be sending someone around to each one of those.
Starting point is 01:23:57 Same with the sororities. Maybe we need to get rid of Greek life. I know people are going to be mad at me, right? And you know me. I'm kind of libertarian. But heck, these kids are young. They're really, really young. And they're fed these horrible lyrics.
Starting point is 01:24:09 And there's a part of our culture that's just a complete underground of disgustingness. And you look at what Madonna was doing on stage the other night, right? That is what everybody's emulating. I mean, come on. And then stuff like this happened. And then there's lawyers, and the next thing you know, everybody's life is ruined. Something is fundamentally wrong. And we've built a culture in which the woman is always the victim,
Starting point is 01:24:40 Lindsay Clancy, who will not take responsibility for what she did, to the point that her lawyer is now trying to say it was not even her. I mean, come on, right? And now Jane Doe, who said one thing two years ago, and something else entirely now, I'm just saying, it's a bad world out there, which is why you need to recognize
Starting point is 01:25:04 the importance of the individual and the need for everybody to look out for themselves. Do not depend on the state. Do not depend on Kamala Harris or Mamdami or any of these people to be taking care of you. Do not depend on the sorority or the current boyfriend. You take care of you. It's part of being a response.
Starting point is 01:25:24 member of society. And the left, especially when it comes to women, I mean, they seem to want it both ways, right? They want women to engage in all this stuff, and then they're always the victim. I just don't think you can have it both ways. I think true feminism should actually embrace the reality that women are responsible and should be responsible for themselves. Like it should teach them, you know, hey, maybe it's not a good idea to go to the frat with a, you know, a good you know, a guy that you're seeing that wants to do a threesome and you're drunk.
Starting point is 01:26:00 Like, stop it before it happens. Don't blame the sorority for giving you alcohol or the fraternity or the guys. Like, take on responsibility for yourself. Don't depend on others. Don't depend on the state. Don't depend on your friends. Like, take responsibility. I think that that's an important lesson here.
Starting point is 01:26:21 The individual matters. and your individual responsibility for yourself to take care of yourself is what is so critical. I'm glad I said it. I don't want to have to talk about it a lot more, but it gets at the heart of really the mission that I think we should all be focused on, which is that we need to all make ourselves better. And by making ourselves better, we take accountability for ourselves and we depend on ourselves. It is good to see you all. I see we've got a lot of new people in here.
Starting point is 01:26:54 So please make sure that you like and subscribe. And yes, peace of my mind. You look to Jesus. I'm like, you know, we need more religion. We need more religion. And maybe a few dry towns in these college towns. People are like, you can't do that, Trish. You know, this is what college kids do.
Starting point is 01:27:11 And I'm like, man, like it's just not right. It is not right. It's very concerning, alarming stuff. Anyway, good to have you here. Big show today. We'll be back tomorrow with much, much more. I'll see you then.

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