Bill Walton, host of The Bill Walton Show, accomplished investor, and former CEO of a $10 billion NYSE-traded company, joins Steve to break down what he calls one of the most disastrous entertainment deals in modern history: Netflix’s purchase of Warner Bros.

Walton explains why the move could be dangerous for the legacy of American film, how streaming giants are gobbling up Hollywood’s past to rewrite its future, and why this consolidation threatens creativity, culture, and the industry’s long-term stability. This isn’t just another media merger, it’s a warning about what happens when Wall Street logic collides with artistic heritage.