Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
21 Feb 2023 Acquired LVMH
“Of course, like all the corporate raiders at the time, they carved it up, they sold off all the assets, and literally made billions. I think he made about $5 billion from this.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 21 Feb 2023
- Publisher
- Acquired
- Episode
- LVMH
Transcript context
…An LBO guy in the TV industry. Yes. At this time, Kluge was in the middle of doing the largest LBO ever at that point in time. He was taking Metromedia private, which he did successfully. Of course, like all the corporate raiders at the time, they carved it up, they sold off all the assets, and literally made billions. I think he made about $5 billion from this. The TV stations that they sell out of this, do you know what they become? I do, and I knew this before researching because I desperately want to do an episode on this at some point.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.