The Core

Why We Are Here => Economics & Investing => Topic started by: rcjordan on December 05, 2025, 04:36:44 PM

Title: Dirksen: A billion here, a billion there, and pretty soon....
Post by: rcjordan on December 05, 2025, 04:36:44 PM
.....you're talking about real money.

Doesn't seem to apply nowadays:

It's Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion  (hollywoodreporter.com)
Title: Re: Dirksen: A billion here, a billion there, and pretty soon....
Post by: Travoli on December 05, 2025, 09:21:10 PM
I was really hoping HBO would survive as a separate entity. Netflix is going to own everything. I expect it'll soon cost as much as basic cable.
Title: Re: Dirksen: A billion here, a billion there, and pretty soon....
Post by: rcjordan on December 05, 2025, 11:48:38 PM
Not exactly founded by the proverbial 'two guys in a basement' but this is a good read;


https://en.wikipedia.org/wiki/Netflix#:~:text=Netflix%20was%20founded%20by%20Marc,acquisition%20in%20Silicon%20Valley%20history.
Title: Re: Dirksen: A billion here, a billion there, and pretty soon....
Post by: ergophobe on December 06, 2025, 02:38:36 AM
A billion just doesn't buy what it used to. Dirksen would have said that in the 1960s sometime.

In 1965, spending was $140b per quarter
Q2 2020 it was about 9,040b.

9040/140 = 64.6

So Dirksen's quote would be "65 billion here, 65 billion there. It starts to add up." That isn't *so* far off from the 83 billion number in the deal in question

https://fred.stlouisfed.org/series/W019RCQ027SBEA