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Vulture's Josef Adalian joins Jason to discuss the fate of Paramount after the latest deal has fallen through, Warner Bros. Discovery moves to plan B on sports rights, and Joe walks us through his Vulture streamer rankings.

Other strategies for WBD if it loses the NBA, we answer a bumper crop of listener letters, and Julia has some big career news. [Downstream+ subscribers also get to hear us discuss Netflix potential sports futures and the changing face of broadcast TV.]

Why the "great rebundling" isn't the return of the cable bundle; recalibrating how talent is paid for streaming shows; Paramount twists in the wind; Spulu gets a real name; the NFL makes a deal with Netflix; and Diamond Sports meets with skepticism.

We revisit the philosophy of binge drops versus weekly releases--because it's complicated. [Downstream+ members also get to hear us discuss the future of Paramount, complicated NBA rights negotiations, and more RSN drama.]

Is this phase of the streaming wars reaching an endgame? We discuss the fates of Peacock and Paramount+, and consider Max after a year under its new name. Also, we share more listener streaming suggestions!

Is it time for a Disney pep talk? We discuss what's working and not working, and how Disney's ready for streaming success if it's willing to change. Plus, streaming advice! [For Downstream+ subscribers only: Disney/Apple bundling and Baseball streaming.]