We’ve seen these sort of deals get announced and then fizzle out before anything comes of them. Often it’s not a set in stone, paperwork has been signed thing, it’s really an intent of both parties to come to the bargaining table and work out a deal. That happened with Disney. Considering that the $75 million number here isn’t an official amount but rather the WSJ’s estimate based on prior deals, methinks it’s in that exploratory stage.
We’ve seen these sort of deals get announced and then fizzle out before anything comes of them. Often it’s not a set in stone, paperwork has been signed thing, it’s really an intent of both parties to come to the bargaining table and work out a deal. That happened with Disney. Considering that the $75 million number here isn’t an official amount but rather the WSJ’s estimate based on prior deals, methinks it’s in that exploratory stage.