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“There's David Ellison's ego. Then there's debt. This deal…” — Decoder with Nilay Patel at 5:51

“There's David Ellison's ego. Then there's debt. This deal is leveraged to the max, right? $80 billion. Yeah. Zero. But one point of the number is the reason that David Ellison was able to buy Warner Brothers is that the last owner couldn't deal with the debt that he took on to buy the company.”

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