Transcript
A (0:04)
Hope for the best, expect the worst Some drink champagne Some die at first the way of knowing which way it's going. Hope for the best Expect the worst,
B (0:22)
hope for the best.
A (0:24)
Welcome to the Commentary magazine daily podcast. Today is Friday, February 26th 7th, 2026. I'm John Pod Horiz, the editor of Commentary, here to apologize for yesterday's unbelievable blunder in which I told the world that the author of how to Win Friends and Influence People was the industrialist Andrew Carnegie, as opposed to the sort of snake oil salesman Dale Carnegie. And that was really stupid and it kind of totally ruined the point I was trying to make about how Americans have tended to worship at the altar of, of the latest hip industrialist. And that wasn't who Dale Carnegie was and that was really embarrassing. So you can stop emailing me about how stupid I was because I realized that I was stupid. You know who was not stupid are my co panelists here today, executive editor Abe Greenwald. Hi Abe. Hi John.
C (1:21)
I'm some dots stupid.
A (1:22)
Neither. Neither is senior editor Seth Mandel. Hi Seth.
D (1:27)
Hi John.
A (1:29)
Very not stupid. And of course, Washington Free Beacon editor Eliana Johnson. Hi Eliana.
B (1:34)
Hi John.
A (1:35)
Actually quite brilliant. Not only not stupid, but quite, quite brilliant. And here's something that happened yesterday. Netflix pulled out of its bid to buy Warner Brothers Discovery and clearing the way, assuming that it passes regulatory muster, clearing the way for Paramount Skydance to buy Warner Brothers Discovery. Now, why is this of interest to listeners of the Commentary magazine podcast? Unless you are stockholders in any of these companies, it probably isn't. But for this salient fact, which is that this means that it is that the Paramount Skydance bid for Warner Brothers Discovery was for the entirety of the company. The Netflix bid was for part of the company and the idea was that the other part of the company that includes CNN and a couple of other assets would be spun out as Comcast has spun out MSNBC and other news channels into a company called Versant, which now owns msnbc, no longer part of the cable monolith Comcast, that this was going to happen with cnn. It would end up as a kind of standalone in a different company and everything. And oh glory wonders of being out of the, you know, know, corporate umbrella. Now the worst fears of CNN's remaining staff have been realized. They are going to come under the Paramount Skydance umbrella, which of course owns CBS and as we know, who is now running CBS News. But our very old friend and Commentary magazine roastee Barry Weiss, to say that the news in Hudson Square, where CNN is now located, Hudson Yards, where CNN is now located here in New York. The news that they are going to be under Barry's aegis is akin to being told that you are about to face the apocalypse. Would be, would be an understatement.
