1 00:00:00,640 --> 00:00:00,880 Speaker 1: Can't. 2 00:00:01,000 --> 00:00:02,040 Speaker 2: I am six forty. 3 00:00:02,120 --> 00:00:05,520 Speaker 3: You're listening to the John Cobelt podcast on the iHeartRadio app. 4 00:00:06,400 --> 00:00:09,119 Speaker 4: It is the John Cobelt Show. Mark Thompson's sitting in 5 00:00:09,200 --> 00:00:11,360 Speaker 4: for John on this fourth of July week. And there's 6 00:00:11,400 --> 00:00:14,280 Speaker 4: some big news today, a lot of it's legal, and 7 00:00:14,360 --> 00:00:16,360 Speaker 4: so I'll get right into it. We'll be talking a 8 00:00:16,360 --> 00:00:19,279 Speaker 4: lot about these legal cases. In fact, I'll mention that 9 00:00:20,079 --> 00:00:26,160 Speaker 4: the senior national correspondent over at A News Nation, Brian Enton, 10 00:00:26,640 --> 00:00:28,520 Speaker 4: first to break the news of that plea deal. He'll 11 00:00:28,600 --> 00:00:31,280 Speaker 4: join at two thirty five. But right now, the guy, 12 00:00:31,400 --> 00:00:35,800 Speaker 4: I mean, brilliant legal analyst for ABC News joins us 13 00:00:35,840 --> 00:00:39,559 Speaker 4: to discuss the Diddy trial and the verdict. 14 00:00:40,600 --> 00:00:41,680 Speaker 2: Welcome to Royal Oaks. 15 00:00:41,680 --> 00:00:45,000 Speaker 1: Hey, Royal, Hey, you're too kind, Mark, And I got 16 00:00:45,000 --> 00:00:46,640 Speaker 1: to say, I don't know if you had a rooting 17 00:00:46,680 --> 00:00:49,600 Speaker 1: interest to hear about Sean Jenny Comes, but he got 18 00:00:49,600 --> 00:00:52,120 Speaker 1: off pretty easily. I mean, as of yesterday, as you know, 19 00:00:52,240 --> 00:00:55,120 Speaker 1: we talked about how the jury was thrown at their hands. 20 00:00:55,120 --> 00:00:57,440 Speaker 1: We can't decide if he's a racketeer. So he's looking 21 00:00:57,480 --> 00:01:01,200 Speaker 1: at a second trial on that maybe, and he could 22 00:01:01,240 --> 00:01:04,120 Speaker 1: have gone away for life instead, not guilty across the 23 00:01:04,120 --> 00:01:08,119 Speaker 1: board except a couple of counts where he moved women 24 00:01:08,160 --> 00:01:12,000 Speaker 1: across state lines for prostitution purposes, and he's looking at 25 00:01:12,480 --> 00:01:16,080 Speaker 1: probably in the range of four years behind bars if that. 26 00:01:16,319 --> 00:01:18,360 Speaker 1: So this is a big relief for calls. 27 00:01:18,440 --> 00:01:19,039 Speaker 2: Yeah, so. 28 00:01:20,880 --> 00:01:22,399 Speaker 4: I got let's do the verdict first, and then I 29 00:01:22,440 --> 00:01:26,360 Speaker 4: want to and the what will likely be the prison sentence. 30 00:01:26,360 --> 00:01:27,640 Speaker 4: And now I want to double back and look at this 31 00:01:27,720 --> 00:01:29,560 Speaker 4: case a little bit with you, because you just, you know, 32 00:01:29,760 --> 00:01:33,040 Speaker 4: you deconstruct things so well, and so the four years 33 00:01:33,040 --> 00:01:36,880 Speaker 4: that you're talking about, now you deduct time served from that, 34 00:01:37,040 --> 00:01:39,480 Speaker 4: and then you're kind of just I'm getting from you 35 00:01:39,760 --> 00:01:41,680 Speaker 4: that he may not even do that much time. 36 00:01:42,760 --> 00:01:45,480 Speaker 1: Yeah, so here's the arithmetic. Who's found guilty on the 37 00:01:45,520 --> 00:01:48,360 Speaker 1: two of these counts each carries ten years, so that's 38 00:01:48,400 --> 00:01:50,600 Speaker 1: twenty But the judge might say, well, you know, I'm 39 00:01:50,600 --> 00:01:52,600 Speaker 1: a hip hop fan, so I'm going to let you 40 00:01:52,640 --> 00:01:56,160 Speaker 1: which concurrently, so that's ten years. But what there, it's 41 00:01:56,160 --> 00:01:59,559 Speaker 1: ten or twenty years. A judge probably even if it's twenty, 42 00:01:59,600 --> 00:02:01,640 Speaker 1: would only give him about four. I mean, it's his 43 00:02:01,680 --> 00:02:05,920 Speaker 1: first offense kind of and there was some violence and 44 00:02:05,960 --> 00:02:09,440 Speaker 1: corision involved, but four is probably the ballpark. Now he's 45 00:02:09,440 --> 00:02:12,200 Speaker 1: gonna get time served. He's been behind bars nine and 46 00:02:12,200 --> 00:02:14,240 Speaker 1: a half months. Well, if he keeps his nose cleaned 47 00:02:14,639 --> 00:02:17,959 Speaker 1: behind bars, that's another maybe six months off. So basically 48 00:02:18,000 --> 00:02:20,760 Speaker 1: he could be out in the middle of twenty twenty eight. 49 00:02:21,200 --> 00:02:22,960 Speaker 1: And of course it could be better than that. This 50 00:02:23,120 --> 00:02:25,760 Speaker 1: judge could actually say, I think the verdict is over Boar, 51 00:02:26,360 --> 00:02:29,000 Speaker 1: I'm going to toss it. The Court of Appeals could 52 00:02:29,080 --> 00:02:32,720 Speaker 1: help him out, so it could get better for him. 53 00:02:32,919 --> 00:02:36,480 Speaker 1: But he's probably looking at a certain number of years 54 00:02:36,480 --> 00:02:37,840 Speaker 1: behind bars, not a big number. 55 00:02:37,960 --> 00:02:40,960 Speaker 4: What I'm reading, Royal is that the FEDS may have 56 00:02:41,160 --> 00:02:46,119 Speaker 4: overplayed their hand and overcharged Sean Combs, and now you're 57 00:02:46,160 --> 00:02:50,680 Speaker 4: seeing essentially the outcome that might have been predicted if 58 00:02:50,720 --> 00:02:52,320 Speaker 4: you view that as true. 59 00:02:53,480 --> 00:02:55,959 Speaker 1: Exactly right, I mean when they went for the brass spring, 60 00:02:56,200 --> 00:02:59,720 Speaker 1: I mean racketeering, you know, this John Dotty kind of stuff, 61 00:03:00,120 --> 00:03:02,320 Speaker 1: The idea that the jury would say he's that kind 62 00:03:02,360 --> 00:03:05,240 Speaker 1: of person, some sort of mafia against it. It really wasn't. 63 00:03:05,240 --> 00:03:08,920 Speaker 1: In the cards. Sex trafficking. That's where some gallos snatched 64 00:03:08,960 --> 00:03:12,239 Speaker 1: off the street in Porto Prince Haiti and she's chained 65 00:03:12,240 --> 00:03:14,959 Speaker 1: to a brothel bed in Miami. That's what people think 66 00:03:14,960 --> 00:03:17,880 Speaker 1: of when they hear sex having not three girlfriends who 67 00:03:18,080 --> 00:03:21,720 Speaker 1: they were often on relationship. They professed their love for him. 68 00:03:21,800 --> 00:03:23,840 Speaker 1: He was a horrible creep at times beat him up. 69 00:03:24,160 --> 00:03:26,520 Speaker 1: So yeah, I think they overcharged, but they didn't want 70 00:03:26,560 --> 00:03:28,920 Speaker 1: to let him go completely, so they ended up looking 71 00:03:28,960 --> 00:03:31,080 Speaker 1: guilty on the two lesser counts. 72 00:03:31,120 --> 00:03:34,120 Speaker 4: It's interesting because when we talk about the FEDS overcharging, 73 00:03:34,440 --> 00:03:38,280 Speaker 4: it was the FEDS, not the Trump administration FEDS. It 74 00:03:38,360 --> 00:03:40,560 Speaker 4: was the Biden administration Feds, wasn't it. 75 00:03:41,880 --> 00:03:45,120 Speaker 1: Yeah. Absolutely, And of course you know, nobody went after 76 00:03:45,160 --> 00:03:48,080 Speaker 1: him for all this drug stuff and arson and beating 77 00:03:48,160 --> 00:03:51,040 Speaker 1: up women from ten years ago, so the statutes of 78 00:03:51,080 --> 00:03:53,640 Speaker 1: limitations kicked in. All that was in the rearview mirror. 79 00:03:53,840 --> 00:03:57,600 Speaker 1: So all they had was this controversial Rico racketeering thing, 80 00:03:57,840 --> 00:04:00,640 Speaker 1: which says, well, you know, the heck with the if 81 00:04:00,640 --> 00:04:03,480 Speaker 1: we can demonstrate in the last decade that he and 82 00:04:03,560 --> 00:04:06,400 Speaker 1: one of the person got together and did two or 83 00:04:06,400 --> 00:04:09,720 Speaker 1: more bad things, whether it's arsenal, bribery or sex trafficking, 84 00:04:09,960 --> 00:04:12,520 Speaker 1: then mass racketeering and that gets you to prison twenty 85 00:04:12,600 --> 00:04:14,600 Speaker 1: years to life. But it was just you know, they 86 00:04:14,600 --> 00:04:17,599 Speaker 1: did off more than they could chew, and so somebody's 87 00:04:17,640 --> 00:04:19,880 Speaker 1: going to get their ass kicked in the Department of Justice. 88 00:04:20,120 --> 00:04:22,359 Speaker 4: Well, this gets to my question to you, because you 89 00:04:22,480 --> 00:04:24,680 Speaker 4: kind of know where the bodies are buried in that area, 90 00:04:24,760 --> 00:04:28,760 Speaker 4: And tell me, is this sort of thing largely because 91 00:04:28,800 --> 00:04:32,240 Speaker 4: he's a celebrity, I mean, a luminary. Everybody knows when 92 00:04:32,279 --> 00:04:34,800 Speaker 4: it's going to be a high profile case. I would 93 00:04:34,839 --> 00:04:37,200 Speaker 4: imagine there's a big element of that. But then when 94 00:04:37,200 --> 00:04:40,080 Speaker 4: something like this happens, you overcharge, you can't actually bring 95 00:04:40,120 --> 00:04:43,040 Speaker 4: the conviction, then it works back against you. I would 96 00:04:43,080 --> 00:04:44,960 Speaker 4: imagine the blowback is pretty substantial. 97 00:04:46,240 --> 00:04:48,920 Speaker 1: Yeah, I think you're absolutely right there. I mean it's 98 00:04:48,920 --> 00:04:51,640 Speaker 1: a double edged sword, this celebrity justice thing. On the 99 00:04:51,640 --> 00:04:54,400 Speaker 1: one hand, a lot of folks skate or they never 100 00:04:54,400 --> 00:04:56,919 Speaker 1: get charged because they got the fancy lawyers with the 101 00:04:57,000 --> 00:05:00,800 Speaker 1: ridiculous rates. On the other hand, once they we are charged, 102 00:05:01,160 --> 00:05:03,560 Speaker 1: you know, sometimes people think, oh, well, you're a really 103 00:05:03,600 --> 00:05:05,840 Speaker 1: bad guy. He thinks he's better than the rest of us. 104 00:05:06,440 --> 00:05:08,599 Speaker 1: You know, you get different results. You know, Jay walks 105 00:05:08,600 --> 00:05:10,880 Speaker 1: on the criminal side, but he gets hit with thirty 106 00:05:10,880 --> 00:05:13,400 Speaker 1: three million dollars on the civil side for wrongful death. 107 00:05:14,080 --> 00:05:16,040 Speaker 1: So yeah, you never know how it's going to turn out. 108 00:05:16,120 --> 00:05:19,120 Speaker 1: It'll be fascinating see if the jury will talk to 109 00:05:19,160 --> 00:05:21,080 Speaker 1: the public and the press to tell us what was 110 00:05:21,120 --> 00:05:24,960 Speaker 1: in their heads. But it could have been a lot worse, just. 111 00:05:25,279 --> 00:05:28,160 Speaker 4: A follow up on that civil thing, because he's already 112 00:05:28,200 --> 00:05:30,960 Speaker 4: paid out twenty million dollars on the civil side, hasn't he. 113 00:05:32,240 --> 00:05:35,159 Speaker 1: Oh my goodness, it's even worse than that. Actually, Marky, 114 00:05:35,440 --> 00:05:38,800 Speaker 1: I think he paid twenty million to Cassie Ventura, the 115 00:05:38,839 --> 00:05:41,920 Speaker 1: girlfriend he beat up. Then he paid four hundred grand 116 00:05:42,080 --> 00:05:45,960 Speaker 1: to one of his employees who claimed that he sexually 117 00:05:46,000 --> 00:05:48,920 Speaker 1: assaulted her, and plus you know, a bunch of employment 118 00:05:49,000 --> 00:05:52,080 Speaker 1: related offenses. And I think there are like dozens of 119 00:05:52,120 --> 00:05:55,160 Speaker 1: other women lined up. They've already filed suits. And when 120 00:05:55,200 --> 00:05:58,719 Speaker 1: the publicity about this stuff hits, of course it draws 121 00:05:58,760 --> 00:06:01,680 Speaker 1: more people. And some times do you get people who 122 00:06:01,920 --> 00:06:04,160 Speaker 1: were just looking for pay day. Other times you get 123 00:06:04,160 --> 00:06:08,359 Speaker 1: people who have actual sincere cases. But yeah, he's going 124 00:06:08,440 --> 00:06:10,680 Speaker 1: to be writing checks for a long time. But you know, 125 00:06:10,720 --> 00:06:14,240 Speaker 1: from his perspective, the main thing is it probably will 126 00:06:14,240 --> 00:06:16,479 Speaker 1: be writing the checks from a mansion and not from 127 00:06:16,480 --> 00:06:17,360 Speaker 1: the sale, right. 128 00:06:17,440 --> 00:06:20,839 Speaker 4: And when it comes to the appeals, Royal Oaks. What 129 00:06:21,200 --> 00:06:24,560 Speaker 4: are the realities there? I mean, will the government go 130 00:06:24,640 --> 00:06:26,760 Speaker 4: after any more of this or are they just going 131 00:06:26,839 --> 00:06:29,359 Speaker 4: to have to take the l more or less and 132 00:06:29,440 --> 00:06:29,880 Speaker 4: go home. 133 00:06:31,120 --> 00:06:33,599 Speaker 1: So they have to take the loss in terms of 134 00:06:33,680 --> 00:06:36,640 Speaker 1: the not guilty verdicts. But the criminal defendant always has 135 00:06:36,640 --> 00:06:38,919 Speaker 1: a chance to appeal, and of course he'll go up 136 00:06:38,960 --> 00:06:41,240 Speaker 1: to the Second Circuit Court of Appeals a couple of arguments. 137 00:06:41,279 --> 00:06:44,640 Speaker 1: He'll say, you know this man act by transporting women, 138 00:06:44,880 --> 00:06:49,000 Speaker 1: that's for commercial prostitution rings. It's not for Sean Dede 139 00:06:49,120 --> 00:06:52,599 Speaker 1: Combs having founded a freak off, and that might work. 140 00:06:53,040 --> 00:06:56,200 Speaker 1: He also can argue there's no criminal intent on his part. 141 00:06:56,240 --> 00:06:59,640 Speaker 1: He just you know, boys want to have fun and 142 00:06:59,760 --> 00:07:03,000 Speaker 1: you have to show criminal intent for that statue to 143 00:07:03,040 --> 00:07:06,400 Speaker 1: be violated. So he's got some chances at the appellate level, 144 00:07:06,560 --> 00:07:08,720 Speaker 1: and who knows, that may lead to some wheeling and 145 00:07:08,760 --> 00:07:12,800 Speaker 1: dealing and the talk about a plea to having serve 146 00:07:13,040 --> 00:07:15,400 Speaker 1: a reduced period of time, and who knows, maybe he'll 147 00:07:15,440 --> 00:07:19,320 Speaker 1: be allowed to, you know, stay out pending appeal. Probably not, 148 00:07:19,440 --> 00:07:22,360 Speaker 1: but if he is, he'll wear an ankle monitor or 149 00:07:22,400 --> 00:07:23,040 Speaker 1: something like that. 150 00:07:23,320 --> 00:07:25,280 Speaker 4: Some of the stuff that we learned through all this 151 00:07:25,400 --> 00:07:28,760 Speaker 4: is so salacious, you know, Royle. I mean the Kirk 152 00:07:28,840 --> 00:07:31,320 Speaker 4: Burrows guy who was the co founder of that label, 153 00:07:31,720 --> 00:07:34,520 Speaker 4: who said that he was forced to watch did he 154 00:07:34,600 --> 00:07:38,000 Speaker 4: engage in sex acts with interns and perspective artists, and 155 00:07:38,040 --> 00:07:42,600 Speaker 4: that he was threatened with violence. I mean it even 156 00:07:42,640 --> 00:07:46,080 Speaker 4: gets more graphic and intense than that. But I guess 157 00:07:46,120 --> 00:07:49,640 Speaker 4: what I'm getting at in against that backdrop, they have 158 00:07:49,760 --> 00:07:52,560 Speaker 4: this trial with those sorts of things and even worse, 159 00:07:52,880 --> 00:07:56,360 Speaker 4: and I'm wondering if you know, if that thing, if 160 00:07:56,360 --> 00:07:59,600 Speaker 4: it's prejudicial to a if those sorts of things are 161 00:07:59,680 --> 00:08:02,600 Speaker 4: project additional to a jury, and might they continue to 162 00:08:02,640 --> 00:08:04,000 Speaker 4: be even on appeal. 163 00:08:05,560 --> 00:08:10,320 Speaker 1: Yeah, absolutely, the appellate court might say that did he's 164 00:08:10,360 --> 00:08:13,560 Speaker 1: convictions go out because it was so inflammatory some of 165 00:08:13,600 --> 00:08:16,560 Speaker 1: the evidence that the jury convicted him, not because he 166 00:08:16,600 --> 00:08:18,880 Speaker 1: really deserved it, because you know, they just felt they 167 00:08:18,920 --> 00:08:21,200 Speaker 1: hated him. But you know, even apart from the really 168 00:08:21,280 --> 00:08:23,760 Speaker 1: salacious stuff, I think the essence of it was the 169 00:08:23,880 --> 00:08:26,080 Speaker 1: video was all seen a few dozen times back in 170 00:08:26,120 --> 00:08:29,400 Speaker 1: twenty sixteen, and beating a crap out of his girlfriend. 171 00:08:29,440 --> 00:08:32,559 Speaker 1: I mean that was smart for the prosecution to play 172 00:08:32,559 --> 00:08:34,439 Speaker 1: that as an endless loop because I think it got 173 00:08:34,440 --> 00:08:37,960 Speaker 1: the jury to hate him, but it wasn't enough to 174 00:08:38,000 --> 00:08:40,360 Speaker 1: get them to convict him on kind of an overcharge. 175 00:08:40,400 --> 00:08:41,559 Speaker 2: Yeah, that really is wild. 176 00:08:41,640 --> 00:08:45,440 Speaker 4: I mean, it was so insanely prejudicial on one level. 177 00:08:45,440 --> 00:08:49,840 Speaker 4: I mean, or its presence impressed upon the jury something 178 00:08:49,880 --> 00:08:52,520 Speaker 4: as you say, this isn't the guy we like, but 179 00:08:52,920 --> 00:08:55,640 Speaker 4: the rest of the legal links in the chain just 180 00:08:55,679 --> 00:08:56,240 Speaker 4: weren't there. 181 00:08:56,280 --> 00:08:59,960 Speaker 1: Apparently, Yeah, exactly right, as they say, some of the 182 00:09:00,040 --> 00:09:01,800 Speaker 1: he's going to have some explain him to do at 183 00:09:01,800 --> 00:09:03,040 Speaker 1: the US Attorney's office. 184 00:09:03,120 --> 00:09:04,800 Speaker 4: In my last minute with you, let me ask you 185 00:09:04,800 --> 00:09:10,600 Speaker 4: about the Colberger situation in which these four Idaho students 186 00:09:10,640 --> 00:09:13,680 Speaker 4: were murdered in their sleep. He appears in court, a 187 00:09:13,760 --> 00:09:16,000 Speaker 4: deal is made. That deal is now done, right. 188 00:09:17,440 --> 00:09:19,320 Speaker 1: Yeah, and it's you know, it has to be formally 189 00:09:19,320 --> 00:09:22,720 Speaker 1: approved by the judge, but it's absolutely almost certain to 190 00:09:22,720 --> 00:09:24,920 Speaker 1: be approven. You know, a lot of people are scratching 191 00:09:25,000 --> 00:09:27,920 Speaker 1: their heads. Why wouldn't the prosecutors just to go to 192 00:09:28,000 --> 00:09:31,160 Speaker 1: trial get that death penalty ruling. That's that's what everybody 193 00:09:31,440 --> 00:09:34,640 Speaker 1: wanted him to get. Just because he has aspergers or 194 00:09:34,720 --> 00:09:38,200 Speaker 1: some sort of autism. Was that an excuse to basically 195 00:09:38,240 --> 00:09:39,960 Speaker 1: give him a life sentence. So a lot of people 196 00:09:40,000 --> 00:09:40,880 Speaker 1: aren't happy about that. 197 00:09:41,160 --> 00:09:44,360 Speaker 4: So what is the reason? I mean, just give me 198 00:09:44,640 --> 00:09:47,160 Speaker 4: the inside of the prosecutor's office. There are they just 199 00:09:47,520 --> 00:09:50,560 Speaker 4: looking for the settlement. You know, we're all often told 200 00:09:50,600 --> 00:09:54,720 Speaker 4: that there's an incentive system essentially that prosecutors just want 201 00:09:54,760 --> 00:09:57,600 Speaker 4: to get that case settled. It goes into the win 202 00:09:57,800 --> 00:10:00,920 Speaker 4: column and then we move on. Why didn't they actually 203 00:10:00,960 --> 00:10:01,600 Speaker 4: take it to trial? 204 00:10:02,920 --> 00:10:04,839 Speaker 1: I think the answer is what I mentioned. I think 205 00:10:04,840 --> 00:10:07,640 Speaker 1: they were worried that they'd work like crazy for a 206 00:10:07,720 --> 00:10:09,760 Speaker 1: year and then put up with thirty years of appeals 207 00:10:10,520 --> 00:10:13,320 Speaker 1: but not get the death penalty because of the guy's 208 00:10:13,679 --> 00:10:16,839 Speaker 1: weird mental state. I see, I should be the only explanation. 209 00:10:16,960 --> 00:10:20,400 Speaker 4: Yeah, Royal, you're so generous with your time. Love talking 210 00:10:20,440 --> 00:10:22,920 Speaker 4: to you, Royal Oaks, the ABC News legal analyst, and 211 00:10:23,040 --> 00:10:24,920 Speaker 4: appreciate you breaking it all down for us, my friend, 212 00:10:25,080 --> 00:10:28,520 Speaker 4: Thank you, Thank you. Mark all right, good talking to you. Yeah, 213 00:10:28,559 --> 00:10:32,200 Speaker 4: I guess that's it. I mean, in the end, prosecutors 214 00:10:32,200 --> 00:10:35,160 Speaker 4: in the Colberger trial just they want to make that 215 00:10:35,240 --> 00:10:38,200 Speaker 4: deal for the reasons that Royal hints. Hat like, you know, 216 00:10:38,240 --> 00:10:40,760 Speaker 4: you just can never really predict what a jury is 217 00:10:40,760 --> 00:10:43,199 Speaker 4: going to do, and on the Diddy trial. 218 00:10:43,320 --> 00:10:45,559 Speaker 2: It seems as though the. 219 00:10:47,000 --> 00:10:50,840 Speaker 4: I think the analysts now Royal Oaks among them, and 220 00:10:50,920 --> 00:10:55,800 Speaker 4: everything I've read suggests that he was overcharged, and in 221 00:10:55,880 --> 00:10:59,319 Speaker 4: the overcharge you end up with a big ask of 222 00:10:59,360 --> 00:11:01,400 Speaker 4: a jury to sort of suggest that it was a 223 00:11:01,400 --> 00:11:05,480 Speaker 4: criminal syndicate. It was a criminal sex syndicate. That's what 224 00:11:05,679 --> 00:11:08,560 Speaker 4: Rico was all about, and that was just a bridge 225 00:11:08,600 --> 00:11:11,719 Speaker 4: too far for them. It's the John Covelt Show. Mark 226 00:11:11,760 --> 00:11:14,120 Speaker 4: Thompson sitting in for John on KFI AM six forty. 227 00:11:14,160 --> 00:11:16,880 Speaker 4: We're live everywhere on the iHeartRadio app. 228 00:11:17,559 --> 00:11:21,880 Speaker 5: You're listening to John coblt on demand from KFI AM 229 00:11:21,920 --> 00:11:22,480 Speaker 5: six forty. 230 00:11:24,120 --> 00:11:29,439 Speaker 4: I know that none of us will forget where we 231 00:11:29,520 --> 00:11:35,440 Speaker 4: heard this news today. I know no one will forget 232 00:11:35,440 --> 00:11:40,360 Speaker 4: what they were doing when they heard this news today, 233 00:11:41,520 --> 00:11:46,600 Speaker 4: the news that Doctor Phil's television company has filed Chapter 234 00:11:46,640 --> 00:11:47,480 Speaker 4: eleven bankrupts. 235 00:11:48,400 --> 00:11:49,520 Speaker 6: I did not know that. 236 00:11:49,840 --> 00:11:51,679 Speaker 2: I know. That's why I'm here. 237 00:11:52,760 --> 00:11:56,040 Speaker 4: You've got to hear it from a friend, because otherwise 238 00:11:56,600 --> 00:11:57,840 Speaker 4: it can be tough to take. 239 00:11:58,400 --> 00:12:01,920 Speaker 2: Not doctor Phil, Doctor Phil. 240 00:12:02,000 --> 00:12:05,520 Speaker 4: I mean, if they can make him to Claire bankruptcy, 241 00:12:05,520 --> 00:12:07,920 Speaker 4: they can make any of us to Claire bankruptcy. People 242 00:12:09,160 --> 00:12:11,880 Speaker 4: there was a period when every major company in the 243 00:12:11,880 --> 00:12:15,920 Speaker 4: television space seemingly tried to get enter the streaming market, 244 00:12:16,160 --> 00:12:20,920 Speaker 4: right and Doctor Phil was looking to do that same thing, 245 00:12:22,240 --> 00:12:28,040 Speaker 4: new shows that would get consumers' attention, and Doctor Phil 246 00:12:29,080 --> 00:12:36,280 Speaker 4: launched this huge effort to get a piece of the pie. 247 00:12:36,520 --> 00:12:39,079 Speaker 2: You know, there was Quibi, Remember Quiby. 248 00:12:39,120 --> 00:12:42,680 Speaker 4: It was supposed to be the launch of Quibi was 249 00:12:42,920 --> 00:12:45,560 Speaker 4: part of the streaming thing, and everything was seven minutes 250 00:12:45,600 --> 00:12:46,520 Speaker 4: long or something like that. 251 00:12:46,559 --> 00:12:47,520 Speaker 2: It was short. 252 00:12:47,679 --> 00:12:50,880 Speaker 4: It was the idea is everybody has a short attention span, 253 00:12:50,960 --> 00:12:53,800 Speaker 4: so we're going to build a TV series, let's say, 254 00:12:54,000 --> 00:12:56,360 Speaker 4: and the TV series is a bunch of episodes. They're 255 00:12:56,360 --> 00:12:59,200 Speaker 4: all only seven minutes long. I mean, I may say 256 00:12:59,200 --> 00:13:01,120 Speaker 4: this to you now, and you how can anybody buy that? 257 00:13:01,200 --> 00:13:04,120 Speaker 4: This whole company was based. I think that's what Quibi 258 00:13:04,280 --> 00:13:09,520 Speaker 4: was around, that sort of understanding or philosophy. I mean, 259 00:13:09,840 --> 00:13:12,600 Speaker 4: Verizons tried to do it. They all want their own 260 00:13:13,200 --> 00:13:20,200 Speaker 4: streaming service. And Netflix has done so well that a 261 00:13:20,240 --> 00:13:22,560 Speaker 4: lot of these streaming services that do have big money 262 00:13:22,679 --> 00:13:26,640 Speaker 4: behind them potentially, and I mean big communications companies, the 263 00:13:26,720 --> 00:13:28,640 Speaker 4: Verizons of the world, the Comcasts of the world. 264 00:13:28,679 --> 00:13:31,320 Speaker 2: It can look easy, but it's not. 265 00:13:32,440 --> 00:13:34,640 Speaker 4: And so what happens is all this product gets out 266 00:13:34,679 --> 00:13:38,960 Speaker 4: there and not a lot of shows get watched. And 267 00:13:39,080 --> 00:13:43,920 Speaker 4: when a lot of shows aren't watched, companies don't make money. Also, 268 00:13:44,520 --> 00:13:48,040 Speaker 4: fewer and fewer people subscribing to cable, so channels on 269 00:13:48,240 --> 00:13:52,080 Speaker 4: cable less money, and then they spend much less money 270 00:13:52,120 --> 00:13:57,439 Speaker 4: on programs. And even the Walt Disney Company, they had 271 00:13:58,120 --> 00:14:01,680 Speaker 4: a very successful launch of Disney Plus their streaming service, 272 00:14:02,440 --> 00:14:05,520 Speaker 4: but they were making so many Star Wars and Marvel 273 00:14:05,559 --> 00:14:09,720 Speaker 4: programs that even fans of those franchises had trouble keeping 274 00:14:09,800 --> 00:14:12,920 Speaker 4: up with them. So you had other streamers like Paramount 275 00:14:12,960 --> 00:14:16,280 Speaker 4: Plus and HBO Max. That was Hbo then it was Max, 276 00:14:16,320 --> 00:14:22,120 Speaker 4: now it's HBO Max. And they're also learning that sort 277 00:14:22,160 --> 00:14:26,040 Speaker 4: of this endless spending on development and on series and 278 00:14:26,120 --> 00:14:33,440 Speaker 4: on franchises, it doesn't always yield profit. So it comes 279 00:14:33,520 --> 00:14:42,040 Speaker 4: then in that environment that Doctor Phil, like his mentor Oprah, 280 00:14:42,360 --> 00:14:46,480 Speaker 4: begins a television network. It's not as mainstream as own, 281 00:14:47,160 --> 00:14:53,200 Speaker 4: but it does have wide distribution. Well, it's over it 282 00:14:53,280 --> 00:14:58,800 Speaker 4: is over here, was the message from doctor Phil McGraw. 283 00:15:01,320 --> 00:15:05,720 Speaker 4: The streaming service provides clarity and solutions on the issues 284 00:15:05,720 --> 00:15:10,080 Speaker 4: and topics that matter most to Americans, from traditional family 285 00:15:10,120 --> 00:15:13,440 Speaker 4: content to new sports, music, true crime, and more. You'll 286 00:15:13,480 --> 00:15:20,640 Speaker 4: find it here. On the Doctor Film Network. Well, they 287 00:15:20,880 --> 00:15:24,440 Speaker 4: had programs hosted by Nancy Grace, remember her from CNN. 288 00:15:24,960 --> 00:15:27,960 Speaker 4: Mike Rowe, the Dirtiest Jobs Guy, he had a show, 289 00:15:28,040 --> 00:15:31,960 Speaker 4: Bear Grill, Steve Harvey, they all had shows on the 290 00:15:31,960 --> 00:15:37,520 Speaker 4: Doctor Film Network, fully distributed cable, satellite, free over the air, 291 00:15:37,560 --> 00:15:39,840 Speaker 4: broadcast media brand. I mean it looked as though there 292 00:15:39,920 --> 00:15:41,760 Speaker 4: was a lot of good pedigree and if you look 293 00:15:41,800 --> 00:15:48,400 Speaker 4: at Oprah, she obviously is an American icon and a cornerstone. 294 00:15:49,160 --> 00:15:55,480 Speaker 4: But here it is July twod they have staggered into bankruptcy, 295 00:15:56,360 --> 00:16:01,520 Speaker 4: filed for Chapter eleven in the Northern District of Texas. 296 00:16:02,400 --> 00:16:06,480 Speaker 4: They operate in the motion picture and video industry. They 297 00:16:06,480 --> 00:16:08,800 Speaker 4: have assets and liabilities both in the range of one 298 00:16:08,880 --> 00:16:13,800 Speaker 4: hundred million to five hundred million, and they don't indicate 299 00:16:13,800 --> 00:16:17,360 Speaker 4: in the filing any pre negotiated restructuring support agreement, like 300 00:16:17,400 --> 00:16:22,840 Speaker 4: you know, a debtor agreement. That's not in here. Doctor 301 00:16:22,840 --> 00:16:24,960 Speaker 4: Phil maybe the public face of the network, but he's 302 00:16:25,000 --> 00:16:27,920 Speaker 4: not the majority owner. The company's majority owner is called 303 00:16:28,000 --> 00:16:33,400 Speaker 4: Poteski Productions and Trinity Broadcasting Network of Texas. Poteski has 304 00:16:33,440 --> 00:16:37,360 Speaker 4: sixty six and a half percent and Trinity Broadcasting almost 305 00:16:37,400 --> 00:16:44,240 Speaker 4: thirty percent. So the bankruptcy filing lists almost fifty creditors 306 00:16:45,360 --> 00:16:49,640 Speaker 4: with DirecTV and Mountain Broadcasting corporations. So there's a lot here. 307 00:16:51,000 --> 00:16:51,200 Speaker 2: Now. 308 00:16:51,200 --> 00:16:54,040 Speaker 4: Look, they may, you know from the ashes of bankruptcy 309 00:16:54,120 --> 00:16:58,720 Speaker 4: come back into health. It's obviously part of a restructuring 310 00:16:58,720 --> 00:17:02,040 Speaker 4: process for their debt. But it is news that is 311 00:17:02,120 --> 00:17:09,360 Speaker 4: official this July second, Doctor Phil's Network Chapter eleven bankruptcy. 312 00:17:10,480 --> 00:17:11,960 Speaker 4: I'm glad I could be the one to tell you 313 00:17:12,040 --> 00:17:15,560 Speaker 4: thank you. If you need a minute, I'll understand. 314 00:17:17,480 --> 00:17:19,200 Speaker 6: Am I gonna go to for advice? 315 00:17:20,800 --> 00:17:21,480 Speaker 2: Yeah? You're right. 316 00:17:22,280 --> 00:17:24,840 Speaker 4: I mean this is when you need Doctor Phil, when 317 00:17:24,840 --> 00:17:27,600 Speaker 4: you're dealing with this kind of trauma about his bankruptcy 318 00:17:27,720 --> 00:17:30,560 Speaker 4: and his That's the irony, isn't it. 319 00:17:30,640 --> 00:17:32,280 Speaker 6: Can't you go to Oprah and say, hey, can I 320 00:17:32,320 --> 00:17:33,119 Speaker 6: borrow some money? 321 00:17:33,240 --> 00:17:35,479 Speaker 2: Sure you'd think where's Oprah when you need her? 322 00:17:35,560 --> 00:17:35,879 Speaker 6: Yeah? 323 00:17:36,000 --> 00:17:41,960 Speaker 4: Right, Gail and she her on some road trip, some 324 00:17:42,040 --> 00:17:44,159 Speaker 4: special that they're going to run on CBS Mornings or 325 00:17:44,200 --> 00:17:45,200 Speaker 4: whatever they're calling that show. 326 00:17:45,240 --> 00:17:45,440 Speaker 2: Now. 327 00:17:46,680 --> 00:17:49,800 Speaker 4: Anyway, that's the latest on Doctor Phil at least he's 328 00:17:49,800 --> 00:17:51,520 Speaker 4: got those ice rates. He can go out and ride 329 00:17:51,520 --> 00:17:54,119 Speaker 4: shotgun on those ice rates. He's got more time to 330 00:17:54,119 --> 00:17:56,720 Speaker 4: do that probably. Now it's a John Covelt show. Mark 331 00:17:56,760 --> 00:17:59,160 Speaker 4: Thompson sitting in on KFI AM six forty. We're live 332 00:17:59,320 --> 00:18:01,639 Speaker 4: everywhere on the iHeartRadio app. 333 00:18:02,560 --> 00:18:06,600 Speaker 5: You're listening to John Cobels on demand from KFI A 334 00:18:06,920 --> 00:18:07,440 Speaker 5: six forty. 335 00:18:08,320 --> 00:18:11,200 Speaker 4: You know, I vacation with John and it's a it's 336 00:18:11,200 --> 00:18:14,240 Speaker 4: a it's a dream. He's the perfect guy to vacation with. 337 00:18:14,520 --> 00:18:16,840 Speaker 6: Yeah, I know. You guys have gone a couple of places. 338 00:18:16,920 --> 00:18:19,520 Speaker 2: Yeah, went to these exotic locales. 339 00:18:19,880 --> 00:18:23,920 Speaker 4: He and the Deborah and myself and my lovely other 340 00:18:24,000 --> 00:18:25,120 Speaker 4: half went to Morocco. 341 00:18:25,520 --> 00:18:27,560 Speaker 2: Yeah, pretty pretty cool. 342 00:18:28,280 --> 00:18:31,199 Speaker 6: Yeah, so did John Just how did he survive on 343 00:18:31,240 --> 00:18:32,240 Speaker 6: the food in Morocco? 344 00:18:33,040 --> 00:18:33,280 Speaker 1: Uh? 345 00:18:33,320 --> 00:18:35,320 Speaker 4: I think he would. He didn't complain about the foods. 346 00:18:35,359 --> 00:18:38,040 Speaker 4: It must have been reasonably okay. Yeah, I wasn't really 347 00:18:38,080 --> 00:18:41,320 Speaker 4: paying attention, but you know, it's such an exotic place, 348 00:18:41,320 --> 00:18:43,600 Speaker 4: you kind of you know, Morocco is one of these 349 00:18:43,760 --> 00:18:47,120 Speaker 4: places that seems like it's a backdrop for a James 350 00:18:47,119 --> 00:18:49,520 Speaker 4: Bond movie. You're always you know, there's this Maybe it 351 00:18:49,640 --> 00:18:52,440 Speaker 4: just is the media through the years that has made 352 00:18:52,480 --> 00:18:55,600 Speaker 4: you feel like it's that kind of place. But I 353 00:18:55,600 --> 00:18:57,920 Speaker 4: guess what I'm getting that in the context of what 354 00:18:57,960 --> 00:19:02,960 Speaker 4: you were talking about, is that the restaurants and the. 355 00:19:02,160 --> 00:19:05,920 Speaker 2: Service it just very It's filled with. 356 00:19:07,600 --> 00:19:10,399 Speaker 4: Ceremony, might be the word i'd use, And so you 357 00:19:10,480 --> 00:19:14,320 Speaker 4: don't really end up disliking anything. It's all just comes 358 00:19:14,320 --> 00:19:16,560 Speaker 4: in with such a show. You know, when they pour 359 00:19:16,640 --> 00:19:19,800 Speaker 4: you a cup of tea in Morocco and they do 360 00:19:19,880 --> 00:19:22,480 Speaker 4: that thing where they start it close to the cup 361 00:19:22,520 --> 00:19:24,439 Speaker 4: and then they lift it way up and it's like, 362 00:19:24,600 --> 00:19:27,919 Speaker 4: you know, it's a show, it's theater. And so I 363 00:19:27,920 --> 00:19:29,879 Speaker 4: think there's a lot of that accompanies the meal. And 364 00:19:29,920 --> 00:19:32,720 Speaker 4: so I never heard any pushback from him on that. 365 00:19:33,000 --> 00:19:35,240 Speaker 6: Oh wow, he probably ate before he went out with you. 366 00:19:35,320 --> 00:19:38,520 Speaker 6: That's what he does. He secretly goes and gets food. 367 00:19:38,800 --> 00:19:40,160 Speaker 6: He tells me this all the time. 368 00:19:40,240 --> 00:19:43,320 Speaker 4: Oh that's great. Yeah, that's great. I wanted to see 369 00:19:43,400 --> 00:19:46,440 Speaker 4: him work those bizaars there. You know they have the 370 00:19:47,119 --> 00:19:50,880 Speaker 4: marketplaces there. Yeah, and the marketplaces are pretty intense. I mean, 371 00:19:51,359 --> 00:19:54,239 Speaker 4: of course there's all the stuff, the nick knacks, and 372 00:19:54,320 --> 00:19:58,000 Speaker 4: they're you know, rugs and you know, the different and 373 00:19:58,000 --> 00:20:00,280 Speaker 4: then they have all these tea sets and you know, 374 00:20:00,359 --> 00:20:04,320 Speaker 4: silver and this and that and all the ornamental stuff, 375 00:20:04,320 --> 00:20:07,240 Speaker 4: but there is on your way to that stuff in Morocco, 376 00:20:07,320 --> 00:20:11,080 Speaker 4: you're walking past like you'll see a pig's head, just 377 00:20:11,240 --> 00:20:15,960 Speaker 4: like suspended on it. It was rough. I don't I'm 378 00:20:15,960 --> 00:20:20,280 Speaker 4: not gonna lie to you. It was rough. But Eric, 379 00:20:20,320 --> 00:20:22,840 Speaker 4: you would have just blown right through, no problem. You 380 00:20:22,840 --> 00:20:24,520 Speaker 4: would not have been affected. But could you. 381 00:20:24,480 --> 00:20:26,760 Speaker 5: Imagine John in one of those bizarres trying to bargain 382 00:20:26,800 --> 00:20:29,119 Speaker 5: with one of the salesmen over like a spice or 383 00:20:29,119 --> 00:20:31,320 Speaker 5: something that's what I want, and John gets upset over 384 00:20:31,320 --> 00:20:31,760 Speaker 5: the price. 385 00:20:33,600 --> 00:20:37,840 Speaker 4: Well they went and uh, it's a huge market there 386 00:20:37,880 --> 00:20:40,840 Speaker 4: in Morocco. In you know, Morocco's a big place. But where 387 00:20:40,840 --> 00:20:43,880 Speaker 4: we were, and we hit the major cities and each 388 00:20:43,920 --> 00:20:46,960 Speaker 4: one has its own kind of bizarre, but they're also 389 00:20:47,080 --> 00:20:49,840 Speaker 4: big that we never really were party to watching them. 390 00:20:50,240 --> 00:20:52,320 Speaker 4: I didn't know who would be the better negotiator. I 391 00:20:52,400 --> 00:20:54,680 Speaker 4: feel like Debra is a better negotiator than John. 392 00:20:56,240 --> 00:20:58,960 Speaker 6: Yeah, actually, yes, yes, I probably am. 393 00:20:59,200 --> 00:21:01,919 Speaker 4: She'll buy stuff that he doesn't want to buy, but 394 00:21:02,400 --> 00:21:04,520 Speaker 4: she'll get it at a better deal than John could 395 00:21:04,560 --> 00:21:05,240 Speaker 4: get it at. 396 00:21:05,480 --> 00:21:09,520 Speaker 2: I think I don't know, but they're a trip. They're 397 00:21:09,560 --> 00:21:11,400 Speaker 2: really fun. And he is. 398 00:21:13,280 --> 00:21:16,960 Speaker 4: Nothing moves his meter like nothing, you know, every little 399 00:21:17,000 --> 00:21:21,600 Speaker 4: thing agitates me, nothing agitates him. He's just it's incredible. 400 00:21:21,640 --> 00:21:23,439 Speaker 4: It's the perfect person to go on vacation with. 401 00:21:23,920 --> 00:21:26,440 Speaker 6: Yeah, he is really I think he's very easy going. 402 00:21:26,480 --> 00:21:27,320 Speaker 6: But I thought you were too. 403 00:21:27,960 --> 00:21:30,479 Speaker 4: I'm I'm good humored, you know what I mean, Like 404 00:21:30,520 --> 00:21:35,879 Speaker 4: I'm but irritating things get to me, like when stuff's 405 00:21:35,880 --> 00:21:38,520 Speaker 4: too hot, when something's really late, when something you know, 406 00:21:38,640 --> 00:21:41,359 Speaker 4: that stuff you know, when they said they were going 407 00:21:41,400 --> 00:21:42,720 Speaker 4: to do one thing and they don't. 408 00:21:42,800 --> 00:21:44,639 Speaker 2: I mean, that stuff gets to me. 409 00:21:44,680 --> 00:21:46,200 Speaker 4: And so when you're traveling and there are a lot 410 00:21:46,240 --> 00:21:49,080 Speaker 4: of links in the travel chain, not all of them 411 00:21:49,080 --> 00:21:51,640 Speaker 4: are going to link up just by definition of just 412 00:21:51,640 --> 00:21:53,480 Speaker 4: just by by virtue of the fact that they all 413 00:21:53,480 --> 00:21:57,720 Speaker 4: have to link together. We had a guide, We had 414 00:21:57,760 --> 00:22:01,560 Speaker 4: a guy to Morocco who is really great. But he 415 00:22:01,640 --> 00:22:05,320 Speaker 4: did about five minutes that was sort of at the 416 00:22:05,359 --> 00:22:08,160 Speaker 4: beginning of the trip, and he was with us for days, 417 00:22:08,520 --> 00:22:09,240 Speaker 4: like four days. 418 00:22:09,240 --> 00:22:11,560 Speaker 2: He traveled around the country with us. 419 00:22:11,440 --> 00:22:15,320 Speaker 4: And h e borderline anti Semitic. 420 00:22:15,440 --> 00:22:16,720 Speaker 2: Some of the stuff he was saying. 421 00:22:16,960 --> 00:22:21,560 Speaker 4: Yeah, and I thought, I'm that's not the thing that 422 00:22:21,560 --> 00:22:23,800 Speaker 4: agitated me. I thought it was more comical than I thought. 423 00:22:23,920 --> 00:22:25,439 Speaker 4: Is this a bit? Is this a put on? 424 00:22:25,680 --> 00:22:25,919 Speaker 2: You know? 425 00:22:26,480 --> 00:22:30,320 Speaker 4: But uh, but again, everybody, all of us in the party, 426 00:22:30,359 --> 00:22:31,679 Speaker 4: just dot let's just look past it. 427 00:22:31,760 --> 00:22:34,400 Speaker 2: And again it was borderline. Wasn't in like super bad. 428 00:22:34,720 --> 00:22:36,760 Speaker 4: It was just sort of he was talking about the 429 00:22:36,760 --> 00:22:40,359 Speaker 4: region and he and of course it's a Muslim country, 430 00:22:40,400 --> 00:22:42,800 Speaker 4: so I said, four times a day, he was leaving 431 00:22:42,800 --> 00:22:45,560 Speaker 4: the tour to go to prayer. They have those big sirens. 432 00:22:45,560 --> 00:22:49,360 Speaker 4: You've been there before, Deborah, right to Morocco. Yeah, yeah, 433 00:22:49,680 --> 00:22:53,560 Speaker 4: to one of these Muslim countries where they have the 434 00:22:53,600 --> 00:22:54,560 Speaker 4: siren goes off. 435 00:22:54,640 --> 00:22:56,440 Speaker 2: It's like a you know, I. 436 00:22:56,440 --> 00:23:00,560 Speaker 6: Says to Yeah, I was supposed to. We're not going 437 00:23:00,640 --> 00:23:01,320 Speaker 6: to talk about that. 438 00:23:01,520 --> 00:23:03,320 Speaker 4: I say, okay, all right, sorry, I didn't mean to 439 00:23:03,359 --> 00:23:04,160 Speaker 4: have happened to Bana. 440 00:23:04,320 --> 00:23:06,520 Speaker 6: That's okay, sensitive topic, Yes you have. 441 00:23:06,640 --> 00:23:09,200 Speaker 4: Okay, anyway they go, he would go and do it 442 00:23:09,200 --> 00:23:11,080 Speaker 4: and then come back and be fine. I actually love 443 00:23:11,160 --> 00:23:12,760 Speaker 4: the guy. I thought he was delightful. If I could 444 00:23:12,800 --> 00:23:16,320 Speaker 4: have that tour guide for everything. He was thorough, he 445 00:23:16,440 --> 00:23:19,760 Speaker 4: was good humored, he was everything good, and everything worked perfectly. 446 00:23:19,920 --> 00:23:23,080 Speaker 4: But anyway, that was the John Colbelt vacation. I don't 447 00:23:23,080 --> 00:23:25,399 Speaker 4: know where he is this week, maybe you do, but 448 00:23:26,240 --> 00:23:28,800 Speaker 4: I'm I'm glad that I could be here. I saw 449 00:23:28,840 --> 00:23:34,119 Speaker 4: that the governor is now going to had signed in 450 00:23:34,200 --> 00:23:38,440 Speaker 4: the law officially the tax breaks for Hollywood. 451 00:23:37,920 --> 00:23:42,000 Speaker 6: To try, and we need that because production is down 452 00:23:42,320 --> 00:23:45,679 Speaker 6: big time, Yeah, big time. So many people in the 453 00:23:45,840 --> 00:23:47,879 Speaker 6: entertainment business are out of work. 454 00:23:48,080 --> 00:23:51,000 Speaker 4: Yeah, you know, it's one of these things that is 455 00:23:51,080 --> 00:23:58,159 Speaker 4: so stark and so bizarre because we are, you know, 456 00:23:58,680 --> 00:24:01,320 Speaker 4: in this town. We're the head of the spear in 457 00:24:01,840 --> 00:24:05,440 Speaker 4: creativity when it comes to motion picture film, I mean 458 00:24:06,080 --> 00:24:10,280 Speaker 4: even technology as it applies to entertainment. This is the 459 00:24:10,280 --> 00:24:13,879 Speaker 4: epicenter of it all and it was created, you know, 460 00:24:14,000 --> 00:24:18,040 Speaker 4: obviously from the primordial ooze of immigrants actually came here, right. 461 00:24:18,040 --> 00:24:20,520 Speaker 4: Those are all immigrants, those studio heads and everybody. They 462 00:24:20,520 --> 00:24:26,360 Speaker 4: were all, i think in general, fleeing fascism in Europe, 463 00:24:26,560 --> 00:24:30,040 Speaker 4: and they came to Hollywood and they began an industry. 464 00:24:30,440 --> 00:24:33,840 Speaker 4: But as you say, Deborah, it's done. I mean, it 465 00:24:33,880 --> 00:24:39,080 Speaker 4: would appear that if we don't quickly somehow supercharge these 466 00:24:39,119 --> 00:24:42,959 Speaker 4: tax incentives, the industry may go elsewhere. As it already has. 467 00:24:43,040 --> 00:24:45,000 Speaker 4: They'll go north of the border, it'll go to Atlanta, 468 00:24:45,080 --> 00:24:47,560 Speaker 4: It'll go to the to what used to be the 469 00:24:47,600 --> 00:24:52,440 Speaker 4: Eastern Bloc countries of Europe. It really is. Newsom said, 470 00:24:52,560 --> 00:24:55,159 Speaker 4: We've got to step up our game. It's true, and 471 00:24:55,200 --> 00:24:57,600 Speaker 4: I just hope that there's time. I mean, the one 472 00:24:57,640 --> 00:25:00,280 Speaker 4: thing we have here is studio space and infrastructre and 473 00:25:00,400 --> 00:25:03,360 Speaker 4: immense talent in this town. And I just hope that 474 00:25:03,480 --> 00:25:07,920 Speaker 4: with all of the tax breaks that Hollywood gets elsewhere, 475 00:25:08,280 --> 00:25:11,320 Speaker 4: and honestly, with all the AI that is replacing so 476 00:25:11,600 --> 00:25:16,679 Speaker 4: much of the creative workforce, I just hope we can 477 00:25:16,720 --> 00:25:20,280 Speaker 4: bring it back. So many industries rely on the entertainment 478 00:25:20,280 --> 00:25:25,280 Speaker 4: industry in Los Angeles. So but the program is now official, 479 00:25:25,560 --> 00:25:30,520 Speaker 4: so it will, hopefully, as we are saying, breathe life 480 00:25:30,600 --> 00:25:35,680 Speaker 4: into the signature industry of this town. It's a tax 481 00:25:35,720 --> 00:25:39,919 Speaker 4: cut of program up to seven hundred and fifty million 482 00:25:40,000 --> 00:25:44,480 Speaker 4: dollars to stimulate production that has slowed because of the pandemic, 483 00:25:44,520 --> 00:25:47,240 Speaker 4: because of the writers and actors strikes, and because of 484 00:25:47,280 --> 00:25:50,640 Speaker 4: the cutbacks in the studios and streamers in southern California. 485 00:25:50,680 --> 00:25:53,919 Speaker 4: The wildfires don't help. I mean, we're really swimming upstream 486 00:25:53,920 --> 00:25:57,639 Speaker 4: against an awful lot. So it's the John Cobelt Show 487 00:25:57,840 --> 00:26:01,200 Speaker 4: next hour. I wanted to men that Michael Monks will 488 00:26:01,200 --> 00:26:03,119 Speaker 4: be here. We'll talk about the LA City Council and 489 00:26:03,160 --> 00:26:08,000 Speaker 4: the approval of this crackdown on disaster tours of the Palisades, 490 00:26:08,640 --> 00:26:14,359 Speaker 4: and we'll get back into the Coleburger case. And Brian 491 00:26:14,560 --> 00:26:16,880 Speaker 4: Enton from News Nation will be here. He's the first 492 00:26:16,960 --> 00:26:19,280 Speaker 4: one to break the news of that Plea deal. He'll 493 00:26:19,400 --> 00:26:22,440 Speaker 4: join us in the two o'clock hour as well. Mark 494 00:26:22,440 --> 00:26:24,840 Speaker 4: Thompson here for John Cobelt. Like KFI AM six forty 495 00:26:24,840 --> 00:26:27,240 Speaker 4: live everywhere on the iHeartRadio app. 496 00:26:28,040 --> 00:26:32,680 Speaker 5: You're listening to John Cobelt on demand from KFI AM. 497 00:26:32,400 --> 00:26:35,679 Speaker 4: Six forty John Cobelt Show. Mark Thompson sitting in. I'm 498 00:26:35,760 --> 00:26:39,359 Speaker 4: KFI AM six forty. We're live everywhere on the iHeartRadio app. 499 00:26:39,400 --> 00:26:41,919 Speaker 4: Did you see that Nordstrom's closing in Santa Monica. 500 00:26:42,440 --> 00:26:44,520 Speaker 6: Yeah, Yeah, that's sad. 501 00:26:44,800 --> 00:26:45,800 Speaker 2: It is sad. 502 00:26:46,400 --> 00:26:50,200 Speaker 4: They're restructuring their network, is what they say, to try 503 00:26:50,240 --> 00:26:55,640 Speaker 4: to better target customers who've moved to anybody Online shopping 504 00:26:55,720 --> 00:27:00,359 Speaker 4: is the answer we're looking for. Yeah, I mean like 505 00:27:00,400 --> 00:27:04,160 Speaker 4: that is really just taking it so hard. How do 506 00:27:04,200 --> 00:27:07,280 Speaker 4: you possibly keep up with the online universe when you're 507 00:27:07,280 --> 00:27:09,960 Speaker 4: trying to run a huge retailer like that. 508 00:27:10,200 --> 00:27:13,119 Speaker 6: Well also, there, Mark, you have all the crime. 509 00:27:13,280 --> 00:27:15,200 Speaker 2: Well that's what I was going to get to next. Yes, 510 00:27:15,240 --> 00:27:16,040 Speaker 2: that's exactly right. 511 00:27:16,080 --> 00:27:18,760 Speaker 4: Devor's so right, because this I think may have informed 512 00:27:18,800 --> 00:27:22,800 Speaker 4: the decision, even accelerated the decision to close. The last 513 00:27:22,840 --> 00:27:25,159 Speaker 4: day of business is going to be August twenty sixth. 514 00:27:26,080 --> 00:27:32,760 Speaker 4: They were, they were open for fifteen years, and they're 515 00:27:32,800 --> 00:27:36,359 Speaker 4: saying safety is a concern. It's become an issue in 516 00:27:36,400 --> 00:27:39,159 Speaker 4: downtown Santa Monica. And that Third Street promenade, you know, 517 00:27:40,040 --> 00:27:43,760 Speaker 4: the Third Street Promenade used to be like really nothing, 518 00:27:44,080 --> 00:27:46,680 Speaker 4: I'm talking this is what you had to be here 519 00:27:46,880 --> 00:27:51,520 Speaker 4: in the eighties, maybe even late seventies. 520 00:27:51,040 --> 00:27:52,400 Speaker 2: To know this. 521 00:27:52,480 --> 00:27:54,520 Speaker 4: It was still stores and stuff, but there was nothing 522 00:27:54,600 --> 00:28:00,160 Speaker 4: like the promenade. And then they really upgraded it. And 523 00:28:00,600 --> 00:28:03,200 Speaker 4: the dream of the promenade was that it would be 524 00:28:03,400 --> 00:28:06,879 Speaker 4: sort of like Universal City Walk, but with businesses that 525 00:28:06,920 --> 00:28:12,160 Speaker 4: were less touristy and more catering to those who really 526 00:28:12,200 --> 00:28:15,240 Speaker 4: wanted to shop and enjoy the outdoor experience in a 527 00:28:15,280 --> 00:28:22,440 Speaker 4: beautiful city like Santa Monica. And they built the edifice 528 00:28:22,440 --> 00:28:26,560 Speaker 4: of that. You know, it looks good and the people 529 00:28:26,680 --> 00:28:30,680 Speaker 4: come who are both tourists and are also natives, and 530 00:28:31,320 --> 00:28:34,880 Speaker 4: shopping is done there. But it is a reasonable concern 531 00:28:35,520 --> 00:28:40,400 Speaker 4: that there is an element that has created a safety issue. 532 00:28:41,000 --> 00:28:42,520 Speaker 2: And it's really hard. 533 00:28:42,280 --> 00:28:45,600 Speaker 4: As a business in California already, and when you add 534 00:28:45,640 --> 00:28:50,160 Speaker 4: the safety issue to it, it sometimes just isn't worth 535 00:28:50,160 --> 00:28:53,680 Speaker 4: the trouble. And in a place like Nordstrom, they have 536 00:28:53,720 --> 00:28:59,760 Speaker 4: to worry about what the in store robberies. These you know, 537 00:29:00,280 --> 00:29:05,600 Speaker 4: groups of online marauders. I mean they cut me in 538 00:29:05,760 --> 00:29:13,240 Speaker 4: like a It's it's wild. It's a mob of lawlessness 539 00:29:13,360 --> 00:29:17,680 Speaker 4: that formulates itself online and then they move in. So anyway, 540 00:29:17,720 --> 00:29:20,920 Speaker 4: there's tremendous loss I'm saying with sort of in store walkout, 541 00:29:20,920 --> 00:29:25,320 Speaker 4: even if it's just one offs and the collection. So 542 00:29:25,440 --> 00:29:28,520 Speaker 4: this is a again an area, the promenade that was 543 00:29:28,960 --> 00:29:32,480 Speaker 4: the destination for shopping and dining, and now businesses have 544 00:29:32,520 --> 00:29:39,000 Speaker 4: taken some hits and this is a problem for Nordstrom. 545 00:29:39,640 --> 00:29:42,800 Speaker 4: And so when you add to that homelessness and the 546 00:29:43,480 --> 00:29:47,360 Speaker 4: general way in which Santa Monica hasn't gotten out of 547 00:29:47,400 --> 00:29:52,120 Speaker 4: that reputation that it has for street people, being dangerous 548 00:29:52,160 --> 00:29:57,400 Speaker 4: and showing up anywhere, you know, aggressive panhandling. But Nordstrom 549 00:29:57,440 --> 00:30:00,560 Speaker 4: started as a shoe store in Seattle. Now they have 550 00:30:00,720 --> 00:30:08,000 Speaker 4: three hundred and seventy Nordstrom and Nordstrom Rack locations, and 551 00:30:08,640 --> 00:30:11,320 Speaker 4: they say we'll be better to able to serve our 552 00:30:11,360 --> 00:30:14,520 Speaker 4: customers in this restructuring. But they are going to close. 553 00:30:14,760 --> 00:30:17,959 Speaker 4: Remember Macy's announced last year they're going to shut one 554 00:30:18,040 --> 00:30:22,400 Speaker 4: hundred and fifty stores down. Their flagship store in San 555 00:30:22,440 --> 00:30:26,960 Speaker 4: Francisco's Union Square is shutting down. Walmart shut the doors 556 00:30:26,960 --> 00:30:32,240 Speaker 4: of its West Covina store, and you see online retail, 557 00:30:32,400 --> 00:30:38,480 Speaker 4: I think claiming a lot of casualties like Nordstrom, the 558 00:30:38,600 --> 00:30:42,760 Speaker 4: price of doing business is just too high. And the 559 00:30:42,880 --> 00:30:46,920 Speaker 4: cost is also measured in the way in which foot 560 00:30:46,920 --> 00:30:48,200 Speaker 4: traffic is affected by. 561 00:30:48,080 --> 00:30:49,960 Speaker 2: How unsafe people feel. 562 00:30:51,200 --> 00:30:53,920 Speaker 4: It's weird because if you go to the Santa Monica Promenade, 563 00:30:53,920 --> 00:30:57,400 Speaker 4: the Third Street Promenade, it's still a great experience, but 564 00:30:57,440 --> 00:31:02,320 Speaker 4: it can also turn and Santa Monica itself can be overwhelming. 565 00:31:02,400 --> 00:31:04,840 Speaker 4: Even as they have upgraded so much, I want to 566 00:31:04,840 --> 00:31:08,120 Speaker 4: give them credit for having upgraded a lot of the 567 00:31:08,160 --> 00:31:13,800 Speaker 4: parking situation. There a lot of the stores that inhabit 568 00:31:13,880 --> 00:31:16,840 Speaker 4: that mall at the end of the Third Street prom 569 00:31:17,040 --> 00:31:19,320 Speaker 4: or they call it is a promenade place or whatever. 570 00:31:19,360 --> 00:31:21,200 Speaker 2: I forget what exactly what it's called, but it's all 571 00:31:21,240 --> 00:31:21,520 Speaker 2: of these. 572 00:31:21,560 --> 00:31:24,640 Speaker 4: I mean, just the vibe is really good, you know, 573 00:31:25,240 --> 00:31:29,960 Speaker 4: but it coexists with some of the problems and impediments 574 00:31:30,000 --> 00:31:33,600 Speaker 4: to businesses doing well that also occupied that promenade and 575 00:31:33,680 --> 00:31:38,120 Speaker 4: Santa Monica just generally so. Nordstrom is out at the 576 00:31:38,240 --> 00:31:40,920 Speaker 4: end of August. If you want to get a Nordstrom experience, 577 00:31:41,320 --> 00:31:43,680 Speaker 4: you've got to the end of August to do it. 578 00:31:44,640 --> 00:31:47,840 Speaker 4: When we come back in the next hour, the guy 579 00:31:47,920 --> 00:31:52,880 Speaker 4: who broke the news of the plea deal in the 580 00:31:53,040 --> 00:31:58,440 Speaker 4: Idaho murder trial. We'll talk to Brian Entton from News Nation. 581 00:31:59,440 --> 00:32:02,360 Speaker 4: Michael m Though next on the La City Council and 582 00:32:02,440 --> 00:32:06,520 Speaker 4: a major decision involving a crackdown. We'll get to it. 583 00:32:06,600 --> 00:32:09,160 Speaker 4: Next it's The John Cobalt Show. Mark Thompson sitting in 584 00:32:09,200 --> 00:32:13,480 Speaker 4: on KFI AM six forty live everywhere on the iHeartRadio app. 585 00:32:13,520 --> 00:32:16,440 Speaker 3: Hey, you've been listening to the John Cobalt Show podcast. 586 00:32:16,520 --> 00:32:18,960 Speaker 3: You can always hear the show live on KFI AM 587 00:32:19,000 --> 00:32:22,000 Speaker 3: six forty from one to four pm every Monday through Friday, 588 00:32:22,000 --> 00:32:25,320 Speaker 3: and of course anytime on demand on the iHeartRadio app.