1 00:00:00,160 --> 00:00:03,400 Speaker 1: We shot for fifty nights in rain. 2 00:00:03,960 --> 00:00:09,120 Speaker 2: Most times we were outside. Kind of miserable to make, 3 00:00:09,800 --> 00:00:14,800 Speaker 2: but it holds its own and it is a remarkable film. 4 00:00:15,000 --> 00:00:22,600 Speaker 2: I like any cut without the voiceover. 5 00:00:26,079 --> 00:00:28,760 Speaker 3: Welcome to Daily Variety, your daily dose of news and 6 00:00:28,800 --> 00:00:33,280 Speaker 3: analysis for entertainment industry insiders. It's Wednesday, July thirtieth, twenty 7 00:00:33,320 --> 00:00:36,800 Speaker 3: twenty five. I'm your host, Cynthia Littleton. I am co 8 00:00:36,960 --> 00:00:40,800 Speaker 3: editor in chief of Variety alongside Ramin Setuda. I'm in La. 9 00:00:40,960 --> 00:00:44,120 Speaker 3: He's in New York. Variety has reporters around the world 10 00:00:44,159 --> 00:00:47,680 Speaker 3: covering the business of entertainment. In today's episode, we'll talk 11 00:00:47,720 --> 00:00:51,600 Speaker 3: with senior entertainment writer Angelie Jackson on her cover story 12 00:00:51,640 --> 00:00:55,680 Speaker 3: with none other than Harrison Ford. It's a fantastic read, 13 00:00:55,920 --> 00:01:00,000 Speaker 3: published today in print and online. She shares a lot 14 00:01:00,000 --> 00:01:03,120 Speaker 3: lot of observations that add insight to her portrait of 15 00:01:03,200 --> 00:01:07,880 Speaker 3: this incredible movie star. After that, business editor Todd Spangler 16 00:01:07,959 --> 00:01:10,839 Speaker 3: catches us up on the status of the cable TV 17 00:01:11,040 --> 00:01:15,679 Speaker 3: divorces that are in progress at NBCUniversal and Warner Brothers Discovery. 18 00:01:16,120 --> 00:01:18,080 Speaker 3: But before we get to that, here are a few 19 00:01:18,120 --> 00:01:20,920 Speaker 3: headlines just in this morning that you need to know. 20 00:01:21,520 --> 00:01:24,600 Speaker 3: Big congrats to Ted Danson and Mary Stein Virgin The 21 00:01:24,640 --> 00:01:27,600 Speaker 3: Television Academy will honor the couple with its Bob Hope 22 00:01:27,640 --> 00:01:31,240 Speaker 3: Humanitarian Award. It'll be presented at the Emmy Awards on 23 00:01:31,319 --> 00:01:36,960 Speaker 3: September fourteenth. Together and separately, they are national Treasures. The 24 00:01:37,040 --> 00:01:40,880 Speaker 3: debut of Adam Sandler's Happy gilmour Io logged record viewership 25 00:01:40,880 --> 00:01:44,440 Speaker 3: for Netflix. The sequel log nearly fifty million views on 26 00:01:44,520 --> 00:01:48,080 Speaker 3: its opening weekend, and just like Adam Sandler, Jane Austen 27 00:01:48,160 --> 00:01:51,360 Speaker 3: has still got it. Netflix unveiled the first look at 28 00:01:51,360 --> 00:01:54,960 Speaker 3: its Pride and Prejudice limited series adaptation, and based on 29 00:01:55,040 --> 00:01:57,559 Speaker 3: the number of people who flock to Variety dot Com 30 00:01:57,560 --> 00:02:00,040 Speaker 3: to look at that picture, there is a lot of 31 00:02:00,080 --> 00:02:04,400 Speaker 3: anticipation for this British production, and because seemingly everything is 32 00:02:04,400 --> 00:02:07,600 Speaker 3: fodder for limited series, there are rumblings that Stars and 33 00:02:07,640 --> 00:02:11,320 Speaker 3: Lionsgate TV are working on a project revolving the gambling 34 00:02:11,400 --> 00:02:14,800 Speaker 3: scandal that sneered sho Hey Otani last year. It emerged 35 00:02:14,840 --> 00:02:18,679 Speaker 3: that the longtime interpreter for the Japanese Dodger Superstar had 36 00:02:18,680 --> 00:02:22,919 Speaker 3: embezzled some seventeen million from Otani to support his gambling habit. 37 00:02:25,560 --> 00:02:28,720 Speaker 3: Now we turn to conversations with variety journalists about news 38 00:02:28,720 --> 00:02:32,480 Speaker 3: and trends in show business. Here's Angelique Jackson talking about 39 00:02:32,480 --> 00:02:35,240 Speaker 3: her very big get a sit down with Harrison Ford. 40 00:02:35,800 --> 00:02:37,880 Speaker 3: That was Ford you heard in the cold open to 41 00:02:37,919 --> 00:02:41,919 Speaker 3: this episode talking about his experience making the original Blade Runner. 42 00:02:42,639 --> 00:02:45,520 Speaker 3: Angelique Jackson, thank you for joining me. I am so 43 00:02:45,760 --> 00:02:48,560 Speaker 3: excited to talk to you for our cover story segment 44 00:02:48,639 --> 00:02:49,080 Speaker 3: this week. 45 00:02:49,440 --> 00:02:51,880 Speaker 4: It was truly an honor and a privilege. 46 00:02:52,160 --> 00:02:55,760 Speaker 3: Privilege is a good word. You had the privilege of 47 00:02:55,919 --> 00:03:00,440 Speaker 3: sitting down with none other than Harrison Ford or a 48 00:03:00,520 --> 00:03:04,679 Speaker 3: wide ranging career spanning interview on the occasion of his 49 00:03:04,720 --> 00:03:09,600 Speaker 3: first ever Ammy nomination. Angelique, tell me everything. What is 50 00:03:09,639 --> 00:03:12,359 Speaker 3: Harrison Ford like at this moment in his life? 51 00:03:12,760 --> 00:03:16,840 Speaker 5: I will say that walking into the Apple offices in 52 00:03:16,880 --> 00:03:20,120 Speaker 5: Culver City and finding Harrison Ford in a tuxedo at 53 00:03:20,120 --> 00:03:22,800 Speaker 5: eleven o'clock in the morning on a Monday really is 54 00:03:22,919 --> 00:03:24,679 Speaker 5: quite the way to start off a week. He's so 55 00:03:24,880 --> 00:03:29,400 Speaker 5: often to get a chance to see legends like that. Ever, really, 56 00:03:30,160 --> 00:03:32,240 Speaker 5: what I will say is really interesting was that it 57 00:03:32,320 --> 00:03:35,480 Speaker 5: kind of was like Clark Kent turning into Superman a 58 00:03:35,480 --> 00:03:38,560 Speaker 5: little bit, because Harrison walked in with a cup of 59 00:03:38,760 --> 00:03:42,240 Speaker 5: black coffee in hand to wearing this like olive green sweater, 60 00:03:42,400 --> 00:03:45,560 Speaker 5: his glasses, and then next thing you know, he's in 61 00:03:45,600 --> 00:03:49,280 Speaker 5: this tuxedo and becomes Harrison Ford as soon as that 62 00:03:49,360 --> 00:03:52,560 Speaker 5: camera was on him. Every single take was of movie 63 00:03:52,560 --> 00:03:56,040 Speaker 5: star quality. Being able to talk broadly about his career 64 00:03:56,080 --> 00:03:58,920 Speaker 5: really appeals to him right now. Obviously he is at 65 00:03:58,960 --> 00:04:03,160 Speaker 5: this point of his seventy plus year on screen career 66 00:04:03,200 --> 00:04:06,720 Speaker 5: where there's a lot to look back on, but oftentimes 67 00:04:06,760 --> 00:04:10,960 Speaker 5: he's focused on talking about the big hits, so Star Wars. 68 00:04:10,640 --> 00:04:11,680 Speaker 4: Indiana Jones. 69 00:04:12,960 --> 00:04:15,480 Speaker 5: Maybe he'll get to talk about Blade Runner in large 70 00:04:15,480 --> 00:04:18,080 Speaker 5: part because he played that role again, but he rarely 71 00:04:18,080 --> 00:04:19,960 Speaker 5: gets a chance to, you know, play the deep cuts. 72 00:04:20,000 --> 00:04:22,640 Speaker 5: He rarely gets a chance to talk about Witness or 73 00:04:22,960 --> 00:04:27,080 Speaker 5: some of his earlier roles like American Graffiti or Apocalypse Now. 74 00:04:27,320 --> 00:04:28,960 Speaker 5: So he seemed to have a lot of fun with 75 00:04:29,040 --> 00:04:32,520 Speaker 5: the idea of looking back on it all. But something 76 00:04:32,520 --> 00:04:35,279 Speaker 5: that really struck me just in general was something that 77 00:04:35,320 --> 00:04:39,200 Speaker 5: he said about acting and from the very beginning when 78 00:04:39,200 --> 00:04:41,520 Speaker 5: he was a college student and decided this is what 79 00:04:41,640 --> 00:04:44,440 Speaker 5: he wanted to be. The thing that he loved about 80 00:04:44,480 --> 00:04:48,040 Speaker 5: it was that it actually allowed him to hide where 81 00:04:48,040 --> 00:04:50,880 Speaker 5: other people they really felt like they were being their full, 82 00:04:51,160 --> 00:04:54,760 Speaker 5: you know, true selves by being actors. Acting allowed him 83 00:04:54,839 --> 00:04:58,200 Speaker 5: the opportunity to kind of hide himself in parts of 84 00:04:58,240 --> 00:05:03,120 Speaker 5: these characters. He is never really like playing Harrison Ford, 85 00:05:03,160 --> 00:05:05,040 Speaker 5: and he was very specific about that. 86 00:05:05,160 --> 00:05:07,560 Speaker 4: You know, Paul in Shrinking is not Harrison. 87 00:05:08,120 --> 00:05:10,920 Speaker 5: There are little parts of him that are in these characters, 88 00:05:11,000 --> 00:05:14,320 Speaker 5: but he actually kind of uses this opportunity to create 89 00:05:14,360 --> 00:05:17,520 Speaker 5: a little bit of distance between himself and the people 90 00:05:17,520 --> 00:05:18,280 Speaker 5: he's embodying. 91 00:05:19,160 --> 00:05:24,400 Speaker 3: He's always juggled multiple major franchises, so he's never completely pigeonholed. 92 00:05:25,279 --> 00:05:28,040 Speaker 3: He's been Indiana Jones, yes, but he'll also be doing 93 00:05:28,160 --> 00:05:32,359 Speaker 3: something very different in another venue. For the uninitiated, explain 94 00:05:32,520 --> 00:05:35,240 Speaker 3: Know Your Lines and explain how it went, because it 95 00:05:35,279 --> 00:05:36,800 Speaker 3: is a bit of a game, and it sounds like 96 00:05:36,880 --> 00:05:39,000 Speaker 3: the game loosened him up for you. 97 00:05:39,440 --> 00:05:43,440 Speaker 5: I did appreciate just how game Harrison was to dive 98 00:05:43,480 --> 00:05:45,960 Speaker 5: into this. So Know Their Lines is this game that 99 00:05:46,000 --> 00:05:49,440 Speaker 5: we play where we give the subject a line from 100 00:05:49,480 --> 00:05:50,440 Speaker 5: a movie they were in. 101 00:05:50,640 --> 00:05:51,440 Speaker 4: They're supposed to. 102 00:05:51,400 --> 00:05:54,640 Speaker 5: Guess what the movie is and then give a couple 103 00:05:54,640 --> 00:05:59,279 Speaker 5: of recollections about the project. Sometimes it's a very obvious line. 104 00:05:59,400 --> 00:06:02,480 Speaker 5: I mean, one of, honestly two of the most iconic 105 00:06:02,520 --> 00:06:06,560 Speaker 5: words in cinema. I know Harrison Ford knows that he 106 00:06:06,640 --> 00:06:10,279 Speaker 5: said that as Han Solo in Star Wars The Empire 107 00:06:10,279 --> 00:06:13,000 Speaker 5: Strikes Back, in large part because he had lived that 108 00:06:13,080 --> 00:06:15,280 Speaker 5: line and it made history himself. 109 00:06:15,520 --> 00:06:19,400 Speaker 1: Oh, you're trying to make it too easy for me. 110 00:06:20,880 --> 00:06:21,200 Speaker 1: I know. 111 00:06:22,120 --> 00:06:22,400 Speaker 5: I know. 112 00:06:23,160 --> 00:06:28,159 Speaker 1: Carrie Fisher said to me, I love you, and I 113 00:06:28,240 --> 00:06:31,200 Speaker 1: was supposed to say I love you too, And I 114 00:06:31,240 --> 00:06:35,880 Speaker 1: thought that was a little un Han solo ish. I 115 00:06:35,920 --> 00:06:44,479 Speaker 1: thought I was a little banal, so I said, no. 116 00:06:45,040 --> 00:06:45,520 Speaker 5: I love you. 117 00:06:46,839 --> 00:06:47,120 Speaker 6: I know. 118 00:06:47,839 --> 00:06:50,040 Speaker 5: But then when you give him one like the line 119 00:06:50,040 --> 00:06:53,040 Speaker 5: that we chose from Witness, he needed a few hints 120 00:06:53,120 --> 00:06:55,240 Speaker 5: to get there to figure out which one it was. 121 00:06:55,320 --> 00:06:57,720 Speaker 4: He even joked, He's like, are you sure I said that? 122 00:06:58,040 --> 00:07:01,160 Speaker 5: And because of course we had watched the movie rather 123 00:07:01,320 --> 00:07:04,080 Speaker 5: like the night before, I could confirm you did, in 124 00:07:04,200 --> 00:07:05,359 Speaker 5: fact say this line. 125 00:07:05,520 --> 00:07:07,799 Speaker 3: If you're gonna play know your lines with Harrison Ford, 126 00:07:07,880 --> 00:07:09,360 Speaker 3: you better have done your homework. 127 00:07:09,640 --> 00:07:11,840 Speaker 5: Hey, then to that, and we also got to have 128 00:07:11,960 --> 00:07:14,760 Speaker 5: lots of fun with moments like we talk about Blade Runner. 129 00:07:14,840 --> 00:07:16,400 Speaker 4: He talked about how. 130 00:07:16,000 --> 00:07:18,280 Speaker 5: Difficult it was to shoot the first movie, but how 131 00:07:18,360 --> 00:07:21,280 Speaker 5: much fun he had shooting the second movie, including when, 132 00:07:21,320 --> 00:07:24,239 Speaker 5: of course he famously punched Ryan Gosling in the face 133 00:07:24,320 --> 00:07:26,080 Speaker 5: on accident, so we got to have a little bit 134 00:07:26,080 --> 00:07:26,760 Speaker 5: of fun there. 135 00:07:27,360 --> 00:07:30,840 Speaker 3: I also appreciated that you drew him out. American Graffiti 136 00:07:30,920 --> 00:07:34,160 Speaker 3: is a great example he intersected with that very very 137 00:07:34,200 --> 00:07:38,840 Speaker 3: fertile time in la when you had George Lucas, Steven Spielberg, 138 00:07:38,960 --> 00:07:43,880 Speaker 3: Francis Ford, Coppola, John Millius, like this world of directors 139 00:07:43,920 --> 00:07:45,800 Speaker 3: that were just coming into their own and they were 140 00:07:45,800 --> 00:07:48,520 Speaker 3: going to define movie making in the seventies and eighties. 141 00:07:48,640 --> 00:07:51,480 Speaker 3: And I just love that you got him to reflect 142 00:07:51,600 --> 00:07:54,080 Speaker 3: on being part of that moment. Was there a point 143 00:07:54,080 --> 00:07:56,400 Speaker 3: when the conversation took a turn that surprised you? 144 00:07:57,320 --> 00:08:01,480 Speaker 5: Perhaps what was the most surprising about him was that 145 00:08:01,640 --> 00:08:05,200 Speaker 5: there was a difference between our video interview and the 146 00:08:05,240 --> 00:08:06,120 Speaker 5: print interview. 147 00:08:06,520 --> 00:08:08,880 Speaker 4: He obviously is a bit more gregarious on camera. 148 00:08:09,000 --> 00:08:12,000 Speaker 5: This is someone that is truly, you know, one of 149 00:08:12,000 --> 00:08:15,600 Speaker 5: our great faces of cinema. But then when we were 150 00:08:15,640 --> 00:08:20,960 Speaker 5: sitting down, he's a very very thoughtful interviewee. He really 151 00:08:21,000 --> 00:08:25,440 Speaker 5: takes his time to think out and really listen to 152 00:08:25,560 --> 00:08:28,560 Speaker 5: your questions. I mean, that's it's not a surprise, he's 153 00:08:28,600 --> 00:08:31,280 Speaker 5: a respectful subject. But I think it's more of a 154 00:08:31,320 --> 00:08:37,880 Speaker 5: surprise just how it's really thoughtful. Each and every response 155 00:08:38,040 --> 00:08:40,440 Speaker 5: is whether it be short or long. If he's just 156 00:08:40,520 --> 00:08:43,280 Speaker 5: going to tell you no, he's not doing something, there's 157 00:08:43,320 --> 00:08:45,840 Speaker 5: a lot of thought between why he's saying that and 158 00:08:45,880 --> 00:08:47,480 Speaker 5: what he's choosing to say there. 159 00:08:48,160 --> 00:08:50,719 Speaker 3: You mentioned that he liked acting because it gave him 160 00:08:50,720 --> 00:08:52,880 Speaker 3: a place to hide, and I thought it was very 161 00:08:52,880 --> 00:08:56,560 Speaker 3: interesting last year that he made the very bold decision 162 00:08:56,640 --> 00:08:59,679 Speaker 3: to go on camera and thisss Harrison Ford give his 163 00:08:59,720 --> 00:09:04,319 Speaker 3: full throated endorsement to Kamala Harris with some real urgency. 164 00:09:04,920 --> 00:09:07,800 Speaker 3: That seemed to be a departure for him. What was 165 00:09:07,840 --> 00:09:10,120 Speaker 3: your sense in talking to him about his decision to 166 00:09:10,240 --> 00:09:13,600 Speaker 3: endorse Kamala in that very public way, and whether he's 167 00:09:13,640 --> 00:09:15,520 Speaker 3: felt any repercussions from that. 168 00:09:16,240 --> 00:09:19,480 Speaker 5: His initial response to the question of how he feels 169 00:09:19,520 --> 00:09:22,400 Speaker 5: about making that video now, he gave me one word 170 00:09:22,480 --> 00:09:23,240 Speaker 5: as the response. 171 00:09:23,600 --> 00:09:23,960 Speaker 3: Fine. 172 00:09:24,679 --> 00:09:25,800 Speaker 4: I think there was also. 173 00:09:25,640 --> 00:09:28,160 Speaker 5: Something to be said of the idea, and he gets 174 00:09:28,200 --> 00:09:31,560 Speaker 5: into it later in the answer that he did what 175 00:09:31,640 --> 00:09:32,560 Speaker 5: he felt was right. 176 00:09:32,440 --> 00:09:33,000 Speaker 4: In the moment. 177 00:09:33,880 --> 00:09:36,040 Speaker 3: Angelique, I want to commend you. You did not have 178 00:09:36,080 --> 00:09:38,240 Speaker 3: a lot of time to prepare for this, and boy 179 00:09:38,440 --> 00:09:41,120 Speaker 3: did you knock it out of the park. For us folks, 180 00:09:41,160 --> 00:09:44,680 Speaker 3: you've got to find it online, get your print edition. 181 00:09:44,840 --> 00:09:47,240 Speaker 3: It's published Wednesday. I will not spoil it, but I 182 00:09:47,280 --> 00:09:50,040 Speaker 3: loved your last question and I loved his answer. 183 00:09:50,400 --> 00:09:53,480 Speaker 5: I loved having the opportunity and especially because shrinking is 184 00:09:53,559 --> 00:09:54,280 Speaker 5: so much fun. 185 00:09:54,679 --> 00:09:55,080 Speaker 4: Thank you. 186 00:09:58,240 --> 00:10:00,640 Speaker 3: These days in TV, it's hard to tell the players 187 00:10:00,679 --> 00:10:04,120 Speaker 3: without a scorecard. Here Todd Spangler catches us up on 188 00:10:04,200 --> 00:10:07,200 Speaker 3: all that is happening with Versant, the cable channel spin 189 00:10:07,240 --> 00:10:10,640 Speaker 3: off of NBC Universal and Discovery Global, which will be 190 00:10:10,679 --> 00:10:16,400 Speaker 3: the home of CNNTNT, TBS, Discovery Food Network, HGTV, and 191 00:10:16,600 --> 00:10:19,839 Speaker 3: other linear channels that had been part of Warner Brothers Discovery. 192 00:10:20,240 --> 00:10:22,520 Speaker 3: All of the movement is a big sign of where 193 00:10:22,520 --> 00:10:26,720 Speaker 3: the money is and isn't going in PayTV. Todd Spangler, 194 00:10:26,920 --> 00:10:27,800 Speaker 3: thanks for joining me. 195 00:10:28,080 --> 00:10:28,400 Speaker 6: Hello. 196 00:10:28,840 --> 00:10:31,679 Speaker 3: The assignment here is to step back and see the 197 00:10:31,720 --> 00:10:34,760 Speaker 3: forest for the trees. And as we know, there are 198 00:10:34,760 --> 00:10:39,079 Speaker 3: two very similar processes going on right now for NBC 199 00:10:39,280 --> 00:10:43,280 Speaker 3: Universal and for Warner Brothers Discovery. Both companies are in 200 00:10:43,320 --> 00:10:46,559 Speaker 3: the process of separating out from most of their traditional 201 00:10:46,679 --> 00:10:50,320 Speaker 3: linear cable channels. This really gives us almost like a 202 00:10:50,360 --> 00:10:54,679 Speaker 3: Petri dish of looking at where the television business is, 203 00:10:54,840 --> 00:10:58,400 Speaker 3: where the biggest companies see the opportunity. Todd, You've been 204 00:10:58,480 --> 00:11:01,520 Speaker 3: covering every inch of this. What you've covered on this 205 00:11:01,600 --> 00:11:05,720 Speaker 3: process told you about the dynamics of the television business 206 00:11:05,800 --> 00:11:06,960 Speaker 3: right now. 207 00:11:06,960 --> 00:11:11,600 Speaker 6: Other than the logistics of actually making this separation, which 208 00:11:11,640 --> 00:11:15,880 Speaker 6: are not insignificant, the challenges are what really has the 209 00:11:15,920 --> 00:11:20,440 Speaker 6: future for each of these independent companies. They want to 210 00:11:20,480 --> 00:11:23,880 Speaker 6: tell investors that there is a potential growth play here. 211 00:11:24,480 --> 00:11:28,400 Speaker 6: It will give them the freedom to make some strategic decisions. 212 00:11:28,480 --> 00:11:31,560 Speaker 6: Potentially some strategic m and A. We might see a 213 00:11:31,600 --> 00:11:35,920 Speaker 6: recommodation of the companies that are in space and try 214 00:11:35,920 --> 00:11:39,400 Speaker 6: to get a more diversified revenue stream. But that's really 215 00:11:39,640 --> 00:11:42,800 Speaker 6: the challenges is like how do you diversify from the 216 00:11:42,840 --> 00:11:46,400 Speaker 6: melting ice cube that is PayTV, which is really the 217 00:11:46,400 --> 00:11:47,599 Speaker 6: bulk of their revenue. 218 00:11:48,200 --> 00:11:51,080 Speaker 3: We've been shouting this now for almost a decade, but 219 00:11:51,400 --> 00:11:56,079 Speaker 3: the erosion of cable earnings is going to really change Hollywood. 220 00:11:56,080 --> 00:11:58,000 Speaker 3: And I would say here in twenty twenty five, we 221 00:11:58,040 --> 00:12:01,200 Speaker 3: are in the thick of that yep, here it is. 222 00:12:01,480 --> 00:12:05,200 Speaker 3: Let's talk about the practical concerns about separating such a 223 00:12:05,240 --> 00:12:09,040 Speaker 3: big chunk of the company like NBC Universal, USA Network, 224 00:12:09,120 --> 00:12:13,080 Speaker 3: sci Fi, MSNBC, CNBC. These are not insignificant brands under 225 00:12:13,120 --> 00:12:17,480 Speaker 3: that umbrella, and so it's everything from the biggest picture 226 00:12:17,480 --> 00:12:19,800 Speaker 3: of who's going to be the CEO to where is 227 00:12:19,840 --> 00:12:22,520 Speaker 3: everybody going to sit? Catch us up on kind of 228 00:12:22,520 --> 00:12:27,000 Speaker 3: the practicalities of NBC Universal's spinoff, which is expected to 229 00:12:27,000 --> 00:12:29,280 Speaker 3: be completed by years end if I'm not mistaken. 230 00:12:30,000 --> 00:12:32,600 Speaker 6: Yeah, that's right. They're aiming for the end of twenty 231 00:12:32,760 --> 00:12:36,120 Speaker 6: twenty five. So they picked some office space they're going 232 00:12:36,160 --> 00:12:38,760 Speaker 6: to move out of Thirty Rock, although you know CNBC 233 00:12:38,880 --> 00:12:41,240 Speaker 6: was already in New Jersey a big operation over there. 234 00:12:42,200 --> 00:12:46,480 Speaker 6: It's essentially like you've got dynergies in doing something like 235 00:12:46,600 --> 00:12:49,360 Speaker 6: this where you've got to replicate the infrastructure that has 236 00:12:49,400 --> 00:12:54,400 Speaker 6: supported the merged companies. So you need new HR department, 237 00:12:54,640 --> 00:12:57,520 Speaker 6: you need to staff up your finance department, and so 238 00:12:57,800 --> 00:13:01,640 Speaker 6: you know, just as an example that you needed new CFO. 239 00:13:01,840 --> 00:13:05,760 Speaker 6: They picked some of those people and they've hired now 240 00:13:05,960 --> 00:13:09,120 Speaker 6: Tom Rogers, as you know from the NBC Cable days 241 00:13:09,160 --> 00:13:14,000 Speaker 6: in the earliest cable days. He helped launch MSNBC and CNBC, 242 00:13:14,240 --> 00:13:16,960 Speaker 6: so they brought him on as a senior advisor to 243 00:13:17,000 --> 00:13:20,800 Speaker 6: help steer them into their new scannon. As it were. 244 00:13:21,600 --> 00:13:23,840 Speaker 3: When I saw that Tom Rogers News, I thought they 245 00:13:23,880 --> 00:13:27,320 Speaker 3: were definitely hiring Tom for his rolodex as somebody who 246 00:13:27,400 --> 00:13:30,280 Speaker 3: launched some very foundational cable channels. He's still got a 247 00:13:30,320 --> 00:13:33,319 Speaker 3: lot of pull in that world. It seems like, as 248 00:13:33,320 --> 00:13:37,080 Speaker 3: you say, reverse synergies, a little bit of a ray 249 00:13:37,120 --> 00:13:41,040 Speaker 3: of hope in hiring for mid level, white collar TV 250 00:13:41,120 --> 00:13:44,079 Speaker 3: executives because it has been a blood bath of layoffs 251 00:13:44,120 --> 00:13:46,840 Speaker 3: in this area the last couple of years. So it 252 00:13:46,920 --> 00:13:51,160 Speaker 3: is interesting to see people emerge like Rebecca Campbell, formerly 253 00:13:51,200 --> 00:13:54,560 Speaker 3: a senior person in Disney TV and Disney International, is 254 00:13:54,600 --> 00:13:57,520 Speaker 3: on the board of Versus. So just when it seemed 255 00:13:57,559 --> 00:14:01,679 Speaker 3: like hiring was pretty bleak, there is a movement. They 256 00:14:01,720 --> 00:14:04,840 Speaker 3: have some real leadership challenges because by definition, they're kind 257 00:14:04,880 --> 00:14:08,240 Speaker 3: of in a grow or die from day one situation. 258 00:14:08,960 --> 00:14:13,840 Speaker 6: It's not that the business is losing money. It's profitable, right, 259 00:14:14,000 --> 00:14:17,480 Speaker 6: it's just not growing as fast as it had been. 260 00:14:17,640 --> 00:14:21,240 Speaker 6: And the new streaming era, basically you don't see those 261 00:14:21,840 --> 00:14:25,320 Speaker 6: thirty forty percent margins that used saw on the heyday 262 00:14:25,360 --> 00:14:29,800 Speaker 6: of cable TV. So it's a different financial profile. And 263 00:14:29,880 --> 00:14:32,280 Speaker 6: that's part of the thesis here, is that you're going 264 00:14:32,320 --> 00:14:37,040 Speaker 6: to present a company that has a certain financial growth aspect, 265 00:14:37,160 --> 00:14:40,920 Speaker 6: and for certain class investors that's great. It's going to 266 00:14:40,960 --> 00:14:45,120 Speaker 6: produce consistent profits, but it's going to shrink unless they 267 00:14:45,160 --> 00:14:49,960 Speaker 6: find some other way to either recombine with other cable 268 00:14:50,000 --> 00:14:54,280 Speaker 6: networks or find another way to get into the larger 269 00:14:54,320 --> 00:14:57,880 Speaker 6: media ecosystem. But yeah, on day one, for these companies, 270 00:14:57,920 --> 00:15:03,240 Speaker 6: the goal is going to to make sure you're running 271 00:15:03,360 --> 00:15:07,440 Speaker 6: a tight ship and got all of the processes and 272 00:15:07,520 --> 00:15:10,840 Speaker 6: people that you need to keep these things going, and 273 00:15:10,880 --> 00:15:14,160 Speaker 6: that the wheelstone fall off as these separations happen. 274 00:15:15,000 --> 00:15:17,560 Speaker 3: It'll be interesting to see what comes from these companies 275 00:15:17,640 --> 00:15:21,600 Speaker 3: because there's a definite lack of pizazz around traditional cable, 276 00:15:21,680 --> 00:15:24,160 Speaker 3: so they're going to have to do something. And how 277 00:15:24,280 --> 00:15:27,200 Speaker 3: with that economic base, how do you compete with let's 278 00:15:27,240 --> 00:15:30,680 Speaker 3: say Disney and FX doing Alien Earth that cost a 279 00:15:30,720 --> 00:15:34,160 Speaker 3: whole lot of money. I know these are unanswerable questions, 280 00:15:34,160 --> 00:15:38,400 Speaker 3: but very interesting to watch anything else. In particular, Todd 281 00:15:38,400 --> 00:15:40,560 Speaker 3: that you're watching for in this process that you think 282 00:15:40,600 --> 00:15:43,320 Speaker 3: will be telling about the future of both of these 283 00:15:43,360 --> 00:15:44,360 Speaker 3: spinoff companies. 284 00:15:44,920 --> 00:15:47,920 Speaker 6: One wild card to keep an eye on is what 285 00:15:48,200 --> 00:15:52,960 Speaker 6: sort of regulatory hoops may be introduced here. I don't 286 00:15:53,560 --> 00:15:57,680 Speaker 6: think Wherber's Discovery or in DC Universal are expecting any 287 00:15:57,760 --> 00:16:02,280 Speaker 6: serious regulatory problems here, but we don't really know how 288 00:16:02,320 --> 00:16:03,880 Speaker 6: that'll shake out just yet. 289 00:16:04,720 --> 00:16:08,240 Speaker 3: As we know, these are highly unprecedented times right now 290 00:16:08,240 --> 00:16:11,440 Speaker 3: in Washington. So that's a very good note of caution. Well, Todd, 291 00:16:11,520 --> 00:16:14,320 Speaker 3: thank you as ever for tracking all these moves day 292 00:16:14,320 --> 00:16:17,040 Speaker 3: by day and giving us the big picture too. Appreciate it. 293 00:16:17,120 --> 00:16:17,480 Speaker 6: Thank you. 294 00:16:20,160 --> 00:16:22,440 Speaker 3: As we close out today's episode, here are a few 295 00:16:22,480 --> 00:16:25,680 Speaker 3: things we're watching for. The Director's Guild of America has 296 00:16:25,720 --> 00:16:29,960 Speaker 3: set the negotiating committee for its upcoming contract talks covering broadcast, 297 00:16:30,000 --> 00:16:34,880 Speaker 3: network news, sports operations, and local broadcasting. At this point, 298 00:16:34,920 --> 00:16:37,520 Speaker 3: we're probably only weeks away from the first stirrings of 299 00:16:37,600 --> 00:16:41,280 Speaker 3: activity from unions on the broader film and TV negotiations 300 00:16:41,320 --> 00:16:45,560 Speaker 3: to happen next year. Bradley Cooper's latest directorial effort is 301 00:16:45,600 --> 00:16:48,240 Speaker 3: This Thing On, has been set as the closing night 302 00:16:48,280 --> 00:16:51,040 Speaker 3: film for the New York Film Festival on October tenth. 303 00:16:51,440 --> 00:16:55,400 Speaker 3: The Searchlight Picture, described as a dramatic comedy, stars Will 304 00:16:55,480 --> 00:16:59,360 Speaker 3: Arnett and Laura Dern. Comcast reports its second quarter earnings 305 00:16:59,360 --> 00:17:02,480 Speaker 3: on Thursday. We'll be on it before the sun comes 306 00:17:02,560 --> 00:17:06,080 Speaker 3: up in La before we go. Congrats to Flora Kelly. 307 00:17:06,320 --> 00:17:10,000 Speaker 3: She's been promoted to Senior VP of ESPN Research. She's 308 00:17:10,040 --> 00:17:12,440 Speaker 3: been with the Worldwide Leader since two thousand and six. 309 00:17:13,040 --> 00:17:16,040 Speaker 3: Thanks for listening. This episode was written and reported by 310 00:17:16,080 --> 00:17:20,520 Speaker 3: me Cynthia Littleton, with contributions from Angelie Jackson and Todd Spangler. 311 00:17:20,920 --> 00:17:25,160 Speaker 3: It was edited by Aaron Greenwald Stick's Nick's hick Picks. 312 00:17:25,600 --> 00:17:27,960 Speaker 3: Please leave us a review with the podcast platform of 313 00:17:27,960 --> 00:17:31,240 Speaker 3: your choice, and please tune in tomorrow for another episode 314 00:17:31,240 --> 00:17:32,040 Speaker 3: of Daily Variety. 315 00:17:32,359 --> 00:17:35,200 Speaker 2: I was under contract to Columbia Pictures at the time 316 00:17:35,280 --> 00:17:38,240 Speaker 2: for one hundred and fifty dollars a week and all 317 00:17:38,280 --> 00:17:42,399 Speaker 2: the respect that that implies. I was called into the 318 00:17:42,600 --> 00:17:47,800 Speaker 2: office of the head of the new talent program and 319 00:17:47,880 --> 00:17:51,280 Speaker 2: he told me that I had no future in the business, 320 00:17:52,560 --> 00:17:55,040 Speaker 2: which is okay. You wanted me to change my name. 321 00:17:55,080 --> 00:17:58,160 Speaker 2: We thought that Harrison Ford was too pretentious a name 322 00:17:58,240 --> 00:18:00,480 Speaker 2: for a young man, and then he asked me to 323 00:18:00,480 --> 00:18:03,520 Speaker 2: get my hair cut like Elvis Presley,