Dirksen: A billion here, a billion there, and pretty soon....

[rcjordan]

.....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)

[Travoli]

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.

[rcjordan]

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.

[ergophobe]

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