Bloomberg Businessweek Weekend - December 5th, 2025
Featuring some of our favorite conversations of the week from our daily radio show "Bloomberg Businessweek Daily."Hosted by Carol Massar and Tim StenovecHear the show live at 2PM ET on WBBR 1130 AM New York, Bloomberg 92.9 FM Boston, WDCH 99.1 FM in Washington D.C. Metro, Sirius/XM channel 121, on the Bloomberg Business App, Radio.com, the iHeartRadio app and at Bloomberg.com/audio.You can also watch Bloomberg Businessweek on YouTube - just search for Bloomberg Global News.Like us at Bloomberg Radio on Facebook and follow us on Twitter @carolmassar @timsteno and @BWSee omnystudio.com/listener for privacy information.
--------
1:14:08
--------
1:14:08
Netflix to Buy Warner Bros. in Historic $72 Billion Deal
Watch Bloomberg Businessweek Daily every day on YouTube: http://bit.ly/3vTiACF.Netflix Inc. agreed to buy Warner Bros. Discovery Inc., marking a seismic shift in the entertainment business as a Silicon Valley-bred streaming giant tries to swallow one of Hollywood’s oldest and most revered studios.Under terms of the deal announced Friday, Warner Bros. shareholders will receive $27.75 a share in cash and stock in Netflix, valuing the business at $82.7 billion including debt. The total equity value of the deal is $72 billion. Warner Bros. will spin off cable networks such as CNN and TNT into a separate company before concluding the sale of its studio and HBO to Netflix. Media mergers of this scale have a rocky history and this one is expected to bring intense regulatory scrutiny in the US and Europe. Paramount Skydance Corp., which accused Warner Bros. of running an unfair sales process, could also take steps to disrupt the transaction, like by taking an offer directly to shareholders. The company declined to comment.The Netflix deal combines two of the world’s biggest streaming providers with some 450 million subscribers. Warner Bros.’ deep library of programming gives Netflix content to sustain its lead over challengers like Walt Disney Co. and Paramount.Today's show features: Bloomberg News Media and Entertainment Editor Felix Gillette on Netflix agreeing to buy Warner Bros. Discovery Inc. in a deal valuing the business at $82.7 billion including debt Karin Kimbrough, Chief Economist at LinkedIn, on the health of the US labor market and economy Rebecca Homkes, Faculty at the London Business School and at Duke Corporate Executive Education, on how executives should be evaluating the health of consumers, market concentration risk and AI bubble concerns Bloomberg Tech Co-Host Ed Ludlow on Elon Musk’s SpaceX reportedly telling investors and financial institution representatives that it is aiming for an initial public offering in 2026 Bloomberg News Senior Editor, Equities Americas Eric Weiner recaps the week in markets and looks ahead to the Federal Reserve’s upcoming rate decision See omnystudio.com/listener for privacy information.
--------
37:57
--------
37:57
NIH Backs Leading Cardiologist's Work on Women's Heart Health
Dr. Nupoor Narula, MD, MSc is the Bruce Lerman Clinical Scholar, cardiologist, and Director of the Cardiology Vascular Laboratory and Women’s Heart Program at Weill Cornell Medicine. An NIH-funded physician-investigator, her clinical and research interests include genetic aortic diseases and aortic aneurysms and dissections, with a special emphasis on these conditions in women and pregnancy. Dr. Narula recently received funding from the National Institutes of Health for her research on aortic aneurysms, and the NIH continues to fund related research in the area of women's heart health, which may signal a greater appetite to invest in, and prioritize an increasingly important clinical need. Dr. Narula details her work on cardiac risks to women, particularly during pregnancy, with Carol Massar and Alexis Christoforous on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
--------
8:37
--------
8:37
Zuckerberg Plans to Cut Metaverse Group's Budget Up to 30%
Watch Bloomberg Businessweek Daily LIVE every day on YouTube: http://bit.ly/3vTiACF. Meta Platforms Inc.’s Mark Zuckerberg is expected to meaningfully cut resources for building the so-called metaverse, an effort that he once framed as the future of the company and the reason for changing its name from Facebook Inc. Executives are considering potential budget cuts as high as 30% for the metaverse group next year, which includes the virtual worlds product Meta Horizon Worlds and its Quest virtual reality unit, according to people familiar with the talks, who asked not to be named while discussing private company plans. Cuts that high would most likely include layoffs as early as January, according to the people, though a final decision has not yet been made. Savings from the metaverse cuts are expected to funnel toward other futuristic projects within Meta’s Reality Labs division, including AI glasses and other wearables, according to people familiar with the plans. The proposed metaverse cuts are part of the company’s annual budget planning for 2026, which included a series of meetings at Zuckerberg’s compound in Hawaii last month, the people said. Zuckerberg has asked Meta executives to look for 10% cuts across the board, which has been the standard request during similar budget cycles the past few years, they added. Today's show features: Gene Munster, Co-Founder and Managing Partner of Deepwater Asset Management, on the latest talent departure from Apple to Meta, and the AI arms race Bloomberg News Senior Technology Reporter Kurt Wagner on Meta CEO Mark Zuckerberg’s plan to cut resources for building the metaverse Jimmy Lee, CEO, The Wealth Consulting Group, on the market outlook heading into 2026 Bloomberg News Consumer Reporter Jeanette Neumann on quarterly earnings from Ulta Beauty See omnystudio.com/listener for privacy information.
--------
35:57
--------
35:57
CraftCo. CEO on the Alcohol Business Outlook
Holland, Michigan-based CraftCo. Brands has a diverse portfolio of craft spirits comprised of more than 30 spirits and liqueurs across the bourbon, gin, vodka, rye, and ready-to-drink categories. However, Bloomberg Intelligence notes that the use of weight-loss drugs stand to deepen alcohol's demand slump in the US and Europe, as moderation and wellness trends gain ground. Ali Anderson, the CEO of CraftCo., discusses the outlook for the spirits industry for 2026 and beyond, as well as changing consumer habits when it comes to consumption levels. Ali speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.See omnystudio.com/listener for privacy information.
Carol Massar and Tim Stenovec bring you reporting from the magazine that helps global leaders stay ahead, plus insight on the people, companies and trends shaping today's complex economy. Watch us LIVE on YouTube: http://bit.ly/3vTiACF.
España