1 00:00:00,760 --> 00:00:04,880 Speaker 1: The jobs are put amazing in certain ways because we 2 00:00:04,920 --> 00:00:08,360 Speaker 1: have tremendously fewer federal employees way down and now I 3 00:00:08,400 --> 00:00:11,000 Speaker 1: could have left them and added to what we did 4 00:00:11,080 --> 00:00:13,039 Speaker 1: and we would have had almost one hundred percent employment. 5 00:00:13,039 --> 00:00:14,680 Speaker 1: I could have gotten a great kick out of the 6 00:00:14,720 --> 00:00:18,320 Speaker 1: fact we're one hundred percent employed. But we got rid 7 00:00:18,320 --> 00:00:22,400 Speaker 1: of tremendous numbers of federal workers, and we had some 8 00:00:22,520 --> 00:00:25,599 Speaker 1: jobs were you had ten workers for one job, ten 9 00:00:25,640 --> 00:00:27,840 Speaker 1: workers for a job that one person should be doing. 10 00:00:28,320 --> 00:00:32,480 Speaker 2: You're listening to the forty seven Morning Update with Ben ferguson. 11 00:00:32,040 --> 00:00:34,199 Speaker 3: Good Saturday morning. Nice to have you with us on 12 00:00:34,240 --> 00:00:36,520 Speaker 3: the forty seven Morning Update, and we've got one big 13 00:00:36,560 --> 00:00:40,360 Speaker 3: story for you, and it deals with national security. You 14 00:00:40,479 --> 00:00:43,480 Speaker 3: may have not heard about the massive deal with Warner Brothers, 15 00:00:43,600 --> 00:00:48,560 Speaker 3: Discovery and Netflix, also Paramount Skydance getting involved as well. 16 00:00:48,880 --> 00:00:50,839 Speaker 3: So what is behind the deal, how does it deal 17 00:00:50,880 --> 00:00:54,880 Speaker 3: with national security? And what does it mean for American jobs? 18 00:00:54,960 --> 00:00:57,680 Speaker 3: Putting America first, I break it all down for you. 19 00:00:57,800 --> 00:01:00,800 Speaker 3: It's a forty seven Morning Update and it starts right now. 20 00:01:00,960 --> 00:01:01,960 Speaker 2: Story number one. 21 00:01:02,240 --> 00:01:06,160 Speaker 3: You've heard me talking a lot about protecting American jobs 22 00:01:06,240 --> 00:01:10,120 Speaker 3: and also talking about there was the big hearing in Washington, 23 00:01:10,160 --> 00:01:13,360 Speaker 3: the debt with Netflix and Warner Brothers and Discovery in 24 00:01:13,520 --> 00:01:17,520 Speaker 3: all of this, and I want to continue that conversation 25 00:01:17,680 --> 00:01:21,560 Speaker 3: now and really dive into what you can expect moving 26 00:01:21,600 --> 00:01:23,920 Speaker 3: forward and what's going to be happening. Joining me now 27 00:01:24,040 --> 00:01:26,600 Speaker 3: talk about this is Clete Williams is the chief Global 28 00:01:26,640 --> 00:01:30,480 Speaker 3: Affairs Officer with Netflix. Include I appreciate you coming on 29 00:01:30,760 --> 00:01:32,880 Speaker 3: to talk even more about this. I want to get 30 00:01:32,880 --> 00:01:35,920 Speaker 3: into the American job aspect of this first and foremost, 31 00:01:36,000 --> 00:01:40,240 Speaker 3: because I don't think people realize, number one, how many 32 00:01:40,319 --> 00:01:45,320 Speaker 3: jobs are being created in this country and directly with Netflix, 33 00:01:45,360 --> 00:01:48,960 Speaker 3: but also indirectly with others that are making content that 34 00:01:49,040 --> 00:01:51,760 Speaker 3: you guys are then buying and that supports the development 35 00:01:51,800 --> 00:01:52,400 Speaker 3: of it as well. 36 00:01:53,880 --> 00:01:56,160 Speaker 4: Yeah. No, thanks so much then for having me on, 37 00:01:56,280 --> 00:01:59,840 Speaker 4: And obviously I'm thrilled to talk about this because this 38 00:02:00,080 --> 00:02:02,360 Speaker 4: is one of the reasons I was so excited to 39 00:02:02,400 --> 00:02:05,120 Speaker 4: join Netflix in the first place, because Netflix is a 40 00:02:05,160 --> 00:02:08,760 Speaker 4: company that is really committed to growing investment and growing 41 00:02:08,840 --> 00:02:11,240 Speaker 4: jobs in the United States. And just to give you 42 00:02:11,639 --> 00:02:14,079 Speaker 4: a little bit of detail on that, you know, Netflix 43 00:02:14,120 --> 00:02:17,480 Speaker 4: is a company who has you know, we started mailing 44 00:02:17,560 --> 00:02:21,800 Speaker 4: DVDs around we got into streaming, and recently we've been 45 00:02:21,840 --> 00:02:24,880 Speaker 4: getting into content. Right, it's really this classic American story, 46 00:02:24,960 --> 00:02:27,320 Speaker 4: something that only could have happened in the United States. 47 00:02:27,560 --> 00:02:30,240 Speaker 4: But as we've been getting into content, what we've done 48 00:02:30,800 --> 00:02:32,720 Speaker 4: is we've tripled our workforce in the last couple of 49 00:02:32,800 --> 00:02:36,320 Speaker 4: years and we are now filming in all fifty states 50 00:02:36,320 --> 00:02:38,720 Speaker 4: in the United States. We've got a total of twelve 51 00:02:38,800 --> 00:02:41,800 Speaker 4: hundred locations that we filmed in. And what this has done, 52 00:02:42,160 --> 00:02:45,080 Speaker 4: it's supported one hundred and forty thousand production jobs in 53 00:02:45,120 --> 00:02:48,600 Speaker 4: the country. It's supported two hundred and twenty five billion 54 00:02:49,040 --> 00:02:52,240 Speaker 4: of economic output. And we're trying to do even more. 55 00:02:52,320 --> 00:02:55,240 Speaker 4: You know, we're we're investing more into content as others 56 00:02:55,240 --> 00:02:57,520 Speaker 4: in the industry are pulling back. And one of the 57 00:02:57,600 --> 00:03:01,520 Speaker 4: really exciting stories is up in New Jersey where the 58 00:03:01,520 --> 00:03:04,239 Speaker 4: Fort Monmouth base used to be. This base was closed 59 00:03:04,280 --> 00:03:07,440 Speaker 4: down and now we're building a world class studio there 60 00:03:07,639 --> 00:03:10,200 Speaker 4: one point two billion dollars into that economy. And so look, 61 00:03:10,200 --> 00:03:12,280 Speaker 4: it's a really exciting story for. 62 00:03:12,240 --> 00:03:14,440 Speaker 3: What's going on at Netflix, you know, for people that 63 00:03:14,840 --> 00:03:16,920 Speaker 3: again and I go back to this is for me 64 00:03:17,080 --> 00:03:20,280 Speaker 3: America first American jobs. I also wrote an op at 65 00:03:20,280 --> 00:03:22,079 Speaker 3: Fox news dot Com. You can grab it there talking 66 00:03:22,080 --> 00:03:24,560 Speaker 3: about why I believe that Ronald Reagan would be in 67 00:03:24,639 --> 00:03:30,600 Speaker 3: favor of this merger between Netflix and Warner Brothers because 68 00:03:30,840 --> 00:03:33,880 Speaker 3: of it doing so much to keep production and American 69 00:03:33,960 --> 00:03:38,000 Speaker 3: interests first and foremost. He understood the value of exporting 70 00:03:38,480 --> 00:03:41,840 Speaker 3: American ideals and American movies is an amazing way to 71 00:03:41,880 --> 00:03:45,000 Speaker 3: have influence all over the world. You look at the 72 00:03:45,040 --> 00:03:47,840 Speaker 3: other side of this, so people understand just the context 73 00:03:48,320 --> 00:03:52,640 Speaker 3: that there has been a repeated hostile attempt to acquire 74 00:03:54,000 --> 00:03:57,920 Speaker 3: from Paramount and Skuideance. What worries me about that side 75 00:03:58,000 --> 00:04:00,760 Speaker 3: is a lot of outside of the un US money 76 00:04:00,800 --> 00:04:03,600 Speaker 3: that can come in. I as a as a look, 77 00:04:03,640 --> 00:04:06,200 Speaker 3: I want America to be shown in the best slide. 78 00:04:06,280 --> 00:04:08,880 Speaker 3: I don't want there to be outside influenced. I worry 79 00:04:08,920 --> 00:04:12,400 Speaker 3: about that. And you guys, to be very clear, your 80 00:04:12,520 --> 00:04:14,960 Speaker 3: core is the United States of America. I want to 81 00:04:14,960 --> 00:04:16,280 Speaker 3: make sure everybody understands that. 82 00:04:17,279 --> 00:04:19,800 Speaker 4: Yeah, look, that's absolutely right. And you know, I just 83 00:04:19,920 --> 00:04:22,760 Speaker 4: mentioned this studio in New Jersey. What we're hoping to 84 00:04:22,800 --> 00:04:25,039 Speaker 4: do with this studio in New Jersey is do a 85 00:04:25,040 --> 00:04:27,520 Speaker 4: bunch of filming in the United States that would have 86 00:04:27,520 --> 00:04:30,400 Speaker 4: otherwise been done in other places like the United Kingdom. 87 00:04:30,720 --> 00:04:35,160 Speaker 4: And so this really is about strengthening the American industry, 88 00:04:35,360 --> 00:04:37,920 Speaker 4: making sure that America remains number one in the world 89 00:04:38,760 --> 00:04:43,960 Speaker 4: for production. And look, you brought out the situation with Paramount, 90 00:04:44,520 --> 00:04:47,120 Speaker 4: who is making the hostile bid, And I think one 91 00:04:47,160 --> 00:04:49,039 Speaker 4: of the points that you raise in some of the 92 00:04:49,080 --> 00:04:52,320 Speaker 4: things that you've written is that there's really a clear 93 00:04:52,360 --> 00:04:55,800 Speaker 4: contrast here, right. I mean, there's the job story and 94 00:04:56,240 --> 00:04:58,200 Speaker 4: the fact that we've been creating jobs and they've been 95 00:04:58,200 --> 00:05:00,720 Speaker 4: cutting them. Right, they had three in that thirty five 96 00:05:00,800 --> 00:05:04,479 Speaker 4: hundred jobs cut with their Skydance merger. Just yesterday they 97 00:05:04,480 --> 00:05:07,480 Speaker 4: announced they were going to reduce the workforce at CBS 98 00:05:07,520 --> 00:05:11,440 Speaker 4: by fifteen percent. They've they've identified six billion in synergies, 99 00:05:11,440 --> 00:05:14,080 Speaker 4: which is code for job cuts. That's actually probably going 100 00:05:14,120 --> 00:05:16,279 Speaker 4: to be higher because this is the largest leverage buyout 101 00:05:16,279 --> 00:05:19,360 Speaker 4: in history. But you know, speaking of the leverage buyout 102 00:05:19,360 --> 00:05:22,440 Speaker 4: and speaking of the financing, here's where here's a big difference, 103 00:05:22,440 --> 00:05:25,600 Speaker 4: and I think you know you will find very important, 104 00:05:25,600 --> 00:05:29,520 Speaker 4: which is Netflix is an American deal with American dollars. Yeah, 105 00:05:29,560 --> 00:05:32,520 Speaker 4: and the Paramount deal. Paramount has more equity from the 106 00:05:32,520 --> 00:05:34,240 Speaker 4: Middle East than the United States. 107 00:05:34,400 --> 00:05:36,320 Speaker 3: Hold on to say that again, because that's what that 108 00:05:36,440 --> 00:05:38,640 Speaker 3: is my biggest warning. And when I was looking at this, 109 00:05:39,360 --> 00:05:41,960 Speaker 3: I was I was one of those full disclosure. I've 110 00:05:41,960 --> 00:05:45,400 Speaker 3: I've been critical of Netflix in the past on certain 111 00:05:45,440 --> 00:05:47,200 Speaker 3: things I did I did, I like or don't like it. 112 00:05:47,279 --> 00:05:49,440 Speaker 3: It's a big company. That would be normal. But my 113 00:05:49,600 --> 00:05:52,720 Speaker 3: big red flag here was hold on a second. We're 114 00:05:52,839 --> 00:05:57,880 Speaker 3: talking about major influence that would come into a collection 115 00:05:58,080 --> 00:06:02,000 Speaker 3: slash studio and production from the Middle East. I do 116 00:06:02,120 --> 00:06:04,039 Speaker 3: not like that or feel comfortable with it at all. 117 00:06:05,400 --> 00:06:08,000 Speaker 4: No, I mean, I understand the concerns you're raising, right, 118 00:06:08,040 --> 00:06:10,839 Speaker 4: I think you've written about that very eloquently, and and 119 00:06:10,960 --> 00:06:14,680 Speaker 4: just the difference here American deal with American dollars versus 120 00:06:14,680 --> 00:06:17,719 Speaker 4: something that you know has the majority of its equity 121 00:06:17,760 --> 00:06:21,200 Speaker 4: from the Middle East. And look, there are concerns about 122 00:06:21,200 --> 00:06:23,640 Speaker 4: what that would do on influence and what it would 123 00:06:23,680 --> 00:06:25,960 Speaker 4: do for American soft power. But I think you know, 124 00:06:26,000 --> 00:06:28,640 Speaker 4: the interesting thing that a lot of people haven't focused 125 00:06:28,680 --> 00:06:31,920 Speaker 4: on is that this also causes regulatory problems for paramount 126 00:06:31,960 --> 00:06:34,760 Speaker 4: that we don't have right in the US. You've got 127 00:06:34,800 --> 00:06:38,360 Speaker 4: the Trophy Department and their Scifius review process, you know, 128 00:06:38,400 --> 00:06:40,120 Speaker 4: which is going to have to look into whether this 129 00:06:40,279 --> 00:06:44,520 Speaker 4: is you know, problematic foreign control. You've also got the 130 00:06:44,560 --> 00:06:47,719 Speaker 4: European Union, you know, who may be concerned about you know, 131 00:06:47,720 --> 00:06:50,839 Speaker 4: Middle East ownership of CNN and some of these other networks, 132 00:06:50,839 --> 00:06:53,720 Speaker 4: and so, you know, I think that's a clear contrast 133 00:06:53,720 --> 00:06:54,839 Speaker 4: between these two deals. 134 00:06:55,200 --> 00:06:57,640 Speaker 3: Well, let's also talk about some of the misconceptions, and 135 00:06:57,960 --> 00:07:00,279 Speaker 3: we saw I think some of this come out and 136 00:07:00,279 --> 00:07:03,040 Speaker 3: then anti trust hearing that was in Washington, d C. 137 00:07:04,080 --> 00:07:05,800 Speaker 3: There are a lot of people that just assume that 138 00:07:05,880 --> 00:07:08,440 Speaker 3: Netflix is a company that has a massive studio and 139 00:07:08,480 --> 00:07:11,320 Speaker 3: you guys are creating a lot of this content in 140 00:07:11,360 --> 00:07:14,720 Speaker 3: your own studios. That is not the case at all. 141 00:07:15,200 --> 00:07:18,680 Speaker 3: That is exactly the reason why this paramount Warner Brothers 142 00:07:18,680 --> 00:07:22,080 Speaker 3: Discovery deal is what you guys are wanting to do, 143 00:07:22,160 --> 00:07:24,600 Speaker 3: because you do want to get into that as well. 144 00:07:25,560 --> 00:07:28,760 Speaker 4: Yeah, that's absolutely right, and the contrast here is clear 145 00:07:28,800 --> 00:07:31,920 Speaker 4: as well. You know, the Netflix deal is primarily a 146 00:07:32,000 --> 00:07:34,880 Speaker 4: vertical merger, and what I mean by that is that, 147 00:07:34,960 --> 00:07:37,760 Speaker 4: you know, we're proud of what we've done in the 148 00:07:38,280 --> 00:07:40,760 Speaker 4: content production business in the last couple of years, but 149 00:07:40,800 --> 00:07:43,360 Speaker 4: we've only been making our own stuff for around a decade. 150 00:07:43,880 --> 00:07:47,320 Speaker 4: And you know, you contrast that with Warner Brothers, who 151 00:07:47,360 --> 00:07:51,720 Speaker 4: has one hundred years of production in this business, who 152 00:07:51,760 --> 00:07:56,000 Speaker 4: has all that iconic intellectual property, and so this is complementary. 153 00:07:56,000 --> 00:07:57,920 Speaker 4: We're going to be able to bring that into the 154 00:07:57,960 --> 00:08:01,920 Speaker 4: networks Netflix platform. You know, you also have this legacy 155 00:08:01,960 --> 00:08:07,120 Speaker 4: studio out in Hollywood that that Warner Brothers has. You know, 156 00:08:07,160 --> 00:08:10,000 Speaker 4: we're building this new, world class studio in New Jersey, 157 00:08:10,000 --> 00:08:11,560 Speaker 4: but we haven't had that kind of thing yet, so 158 00:08:11,600 --> 00:08:15,600 Speaker 4: we're bringing that together. Then there's this theatrical distribution business, 159 00:08:15,680 --> 00:08:18,240 Speaker 4: another area where we have not been active, and we're 160 00:08:18,280 --> 00:08:20,120 Speaker 4: going to bring that together. And so that's a vertical 161 00:08:20,160 --> 00:08:23,200 Speaker 4: merger with complementary assets where we're going to be able 162 00:08:23,200 --> 00:08:26,120 Speaker 4: to get more content to consumers for less, and we're 163 00:08:26,120 --> 00:08:28,640 Speaker 4: going to keep all these major players and major buyers 164 00:08:28,640 --> 00:08:31,720 Speaker 4: in the market. And then the Paramount deal is your 165 00:08:31,800 --> 00:08:35,439 Speaker 4: classic horizontal merger with the Noah's Ark problem. You know, 166 00:08:35,440 --> 00:08:38,000 Speaker 4: they're gonna have two of everything, right, they already have 167 00:08:38,200 --> 00:08:41,840 Speaker 4: one of those big legacy studios out in Hollywood, so 168 00:08:42,080 --> 00:08:44,480 Speaker 4: they're going to have to cut one there already have 169 00:08:44,840 --> 00:08:47,840 Speaker 4: a major theatrical distribution business, So that's going to get 170 00:08:47,920 --> 00:08:50,679 Speaker 4: cut and consolidated. And then look, you can also look 171 00:08:50,720 --> 00:08:52,600 Speaker 4: at the news and the sports and all these other 172 00:08:52,640 --> 00:08:54,760 Speaker 4: things where they're going to double up as well. And 173 00:08:54,800 --> 00:08:56,600 Speaker 4: so I think, you know, if you look at these 174 00:08:57,040 --> 00:09:00,719 Speaker 4: vertical mergers which have traditionally been treated very favorably by 175 00:09:00,720 --> 00:09:04,400 Speaker 4: competition authorities versus a horizontal merger which traditionally has not 176 00:09:04,440 --> 00:09:07,760 Speaker 4: been Again, I think on the regulatory front, it's pretty 177 00:09:07,760 --> 00:09:10,640 Speaker 4: clear you know that that the Netflix deal has a 178 00:09:10,679 --> 00:09:13,440 Speaker 4: clearer path, and I do think that's a misconception that 179 00:09:13,520 --> 00:09:14,959 Speaker 4: the other side has trying to perpetuate. 180 00:09:15,440 --> 00:09:17,240 Speaker 3: Let me ask you one question. It's a concern that 181 00:09:17,320 --> 00:09:19,640 Speaker 3: I and many others have had that are conservatives, and 182 00:09:19,679 --> 00:09:24,240 Speaker 3: that is that Netflix has been seen through many conservatives 183 00:09:24,120 --> 00:09:27,160 Speaker 3: as an advocate for more of the left and woke 184 00:09:27,240 --> 00:09:31,960 Speaker 3: type programming. Without going into you know, exact details, in general, 185 00:09:32,040 --> 00:09:34,839 Speaker 3: that has been a major concern, and there has been 186 00:09:34,880 --> 00:09:37,560 Speaker 3: a real concern that look, if you guys get even 187 00:09:37,679 --> 00:09:40,320 Speaker 3: more powerful, bigger than what you are now, that that 188 00:09:40,480 --> 00:09:42,960 Speaker 3: is going to explode in some way. And then the 189 00:09:43,160 --> 00:09:47,319 Speaker 3: choice of hey, are our conservative stories or traditional stories 190 00:09:47,360 --> 00:09:50,520 Speaker 3: are historically traditional you know, context stories not going to 191 00:09:50,559 --> 00:09:54,040 Speaker 3: be told because of quote propaganda. How how would you 192 00:09:54,200 --> 00:09:56,320 Speaker 3: answer and respond to that? Because that is a question. 193 00:09:56,400 --> 00:09:59,079 Speaker 3: At Senator Holly talked about the hearing some of those 194 00:09:59,080 --> 00:10:03,079 Speaker 3: clips people saw. I think it's a fair question ask well. 195 00:10:02,880 --> 00:10:05,880 Speaker 4: Look, I appreciate you asking it, and I appreciate the 196 00:10:05,880 --> 00:10:09,679 Speaker 4: opportunity to clear up what I think is a misconception here. Look, 197 00:10:09,920 --> 00:10:12,960 Speaker 4: our mission at Netflix is to entertain the world and 198 00:10:13,000 --> 00:10:15,920 Speaker 4: to run a profitable business. And in order to do that, 199 00:10:16,120 --> 00:10:18,760 Speaker 4: you know, we need to provide something for everyone all 200 00:10:18,800 --> 00:10:22,680 Speaker 4: across the spectrum, whether you're left, right, center, And look 201 00:10:22,679 --> 00:10:25,040 Speaker 4: at the content we have. Right, We've got action movies, 202 00:10:25,080 --> 00:10:28,240 Speaker 4: We've got rom coms, we got faith based shows, we've 203 00:10:28,280 --> 00:10:32,800 Speaker 4: got documentaries about the military, westerns, you name it. And look, 204 00:10:32,800 --> 00:10:34,720 Speaker 4: one of my favorite shows not one that you would 205 00:10:34,840 --> 00:10:37,120 Speaker 4: traditionally think of as conservative, but I think it really 206 00:10:37,200 --> 00:10:40,880 Speaker 4: is is Cobra Kai, Right. And the main character there, 207 00:10:40,960 --> 00:10:43,199 Speaker 4: Johnny Lawrence, not only does he kick bud at Karate, 208 00:10:43,600 --> 00:10:46,160 Speaker 4: but this is a blue collar guy who's set up 209 00:10:46,200 --> 00:10:49,680 Speaker 4: that America has gotten too soft, too politically correct, and 210 00:10:49,760 --> 00:10:52,720 Speaker 4: throughout the show he pushes back on that, and I 211 00:10:52,720 --> 00:10:55,920 Speaker 4: think it's great. Look, I'm a conservative. I worked in 212 00:10:55,960 --> 00:10:59,320 Speaker 4: the Trump White House, and I'm look, Ben, I'm not 213 00:10:59,320 --> 00:11:01,560 Speaker 4: going to deny that there are shows I don't like, right, 214 00:11:02,000 --> 00:11:04,120 Speaker 4: but I can just turn those off, right, I can 215 00:11:04,200 --> 00:11:06,439 Speaker 4: just put on something else, because we have a lot 216 00:11:06,440 --> 00:11:09,360 Speaker 4: of content on our platform. And I will say, as 217 00:11:09,360 --> 00:11:12,800 Speaker 4: a conservative, what I'm proud of at Netflix is that 218 00:11:12,840 --> 00:11:15,120 Speaker 4: we stand up for the First Amendment and we stand 219 00:11:15,200 --> 00:11:17,960 Speaker 4: up for free speech. And there have been times in 220 00:11:18,000 --> 00:11:21,439 Speaker 4: the past where we have had folks on the left 221 00:11:21,720 --> 00:11:23,880 Speaker 4: who have wanted to cancel us and to cancel our 222 00:11:23,920 --> 00:11:26,679 Speaker 4: programming because it was offensive to them. There was a 223 00:11:26,800 --> 00:11:29,000 Speaker 4: very famous example a couple of years ago with Dave 224 00:11:29,080 --> 00:11:32,480 Speaker 4: Chappelle made some jokes that they didn't like, and we 225 00:11:32,520 --> 00:11:34,040 Speaker 4: stood up for it and we said, no, we're not 226 00:11:34,080 --> 00:11:36,760 Speaker 4: going to pull that down. We don't censor. And look, 227 00:11:36,800 --> 00:11:38,880 Speaker 4: that's the same reason we're not in China. You know, 228 00:11:38,880 --> 00:11:40,560 Speaker 4: we're not in China. We're not going to do that. 229 00:11:41,280 --> 00:11:43,600 Speaker 3: Yeah, it's a great point and we're going to keep 230 00:11:43,600 --> 00:11:46,760 Speaker 3: following this. Clett Williams, I appreciate you so much coming 231 00:11:46,800 --> 00:11:50,080 Speaker 3: on chief Global Affairs Officer with Netflix, and I appreciate 232 00:11:50,080 --> 00:11:51,800 Speaker 3: you answering that question what you did. I also think 233 00:11:51,840 --> 00:11:53,679 Speaker 3: it's great to know that there are people like you that, 234 00:11:53,720 --> 00:11:55,160 Speaker 3: by the way, came out of the Trump White House 235 00:11:55,360 --> 00:11:58,280 Speaker 3: that are now high up at Netflix. I find that 236 00:11:58,320 --> 00:12:00,480 Speaker 3: comforting to know I have an ally or friend there 237 00:12:00,480 --> 00:12:02,720 Speaker 3: that's looking out for my interest in my family's interests 238 00:12:02,720 --> 00:12:04,880 Speaker 3: as well. So I appreciate you coming on and talking 239 00:12:04,880 --> 00:12:05,199 Speaker 3: about that. 240 00:12:05,400 --> 00:12:08,000 Speaker 2: Thank you for listening to the forty seven Morning Update 241 00:12:08,160 --> 00:12:12,240 Speaker 2: with Ben Ferguson. Please make sure you hit subscribe wherever 242 00:12:12,320 --> 00:12:15,320 Speaker 2: you're listening to this podcast right now and for more 243 00:12:15,360 --> 00:12:19,119 Speaker 2: in depth news, also subscribe to the Ben Ferguson podcast 244 00:12:19,360 --> 00:12:21,720 Speaker 2: and we will see you back here on Monday morning.