dylan buyers

T3 · host / generalist

Founding partner at Puck, a media/entertainment journalism platform. Covers Hollywood dealmaking, M&A, and power dynamics. Attends Allen & Co. Sun Valley conference regularly.

2 calls·2 names·100% bull·last heard 28 days ago·TBPN
track record

no scored calls yet — needs a stated position or a categorical verdict, with a matured window vs SPY

top calls

highest conviction · one per company
1stmedium conviction
$WBDWarner Bros. Discovery

Paramount-WBD merger is defensive consolidation against tech platforms, AG lawsuit weak

The Paramount-Warner Bros. Discovery merger is a defensive move to achieve scale against Netflix, YouTube, TikTok, Apple, and Amazon. California AG Rob Bonta's antitrust suit relies on archaic theatrical/cable distribution definitions that don't reflect 2026 streaming reality; the case is politically motivated and unlikely to succeed, though it will create delays and legal costs.

TBPN2026-07
2ndmedium conviction
$PARAParamount Global

Paramount-WBD merger is defensive consolidation against tech platforms, AG lawsuit weak

The Paramount-Warner Bros. Discovery merger is a defensive move to achieve scale against Netflix, YouTube, TikTok, Apple, and Amazon. California AG Rob Bonta's antitrust suit relies on archaic theatrical/cable distribution definitions that don't reflect 2026 streaming reality; the case is politically motivated and unlikely to succeed, though it will create delays and legal costs.

TBPN2026-07

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2 total
$WBD
···
Warner Bros. Discovery
MEDdylan buyers·TBPN·28 days ago
Paramount-WBD merger is defensive consolidation against tech platforms, AG lawsuit weak
The Paramount-Warner Bros. Discovery merger is a defensive move to achieve scale against Netflix, YouTube, TikTok, Apple, and Amazon. California AG Rob Bonta's antitrust suit relies on archaic theatrical/cable distribution definitions that don't reflect 2026 streaming reality; the case is politically motivated and unlikely to succeed, though it will create delays and legal costs.
"David Ellison wants Warner Brothers Discovery to have some semblance of the scale that would be required to compete in a world that is dominated by, you know, like pick your brand…"
39:13
$PARA
···
Paramount Global
MEDdylan buyers·TBPN·28 days ago
Paramount-WBD merger is defensive consolidation against tech platforms, AG lawsuit weak
The Paramount-Warner Bros. Discovery merger is a defensive move to achieve scale against Netflix, YouTube, TikTok, Apple, and Amazon. California AG Rob Bonta's antitrust suit relies on archaic theatrical/cable distribution definitions that don't reflect 2026 streaming reality; the case is politically motivated and unlikely to succeed, though it will create delays and legal costs.
"David Ellison wants Warner Brothers Discovery to have some semblance of the scale that would be required to compete in a world that is dominated by, you know, like pick your brand…"
39:13