is mario gabelli bullish on streaming and is cbs behind on streaming? m, the $615 million pro forma shares out, that is $25 billion -- we are paying $40 billion for the entire enterprise. that enterprise without a major success in streaming, but putting money into content will generate $40 billion. tom: this is a good question, should they bring back "gunsmoke"? [laughter] mario: that brings up an important point. "dark phoenix," a product created, lost a ton of money. so you have to have good content within your library, so you want to buy cbs because it is going to work. i think they are a good team, and jerry is going to be in command. taylor: a chapter ended on wall street this week. bennett goodman announced he will step down from blackstone's credit business. , gso capital partners. goodman was a cofounder and senior managing director of the company that blackstone acquired in 2008. he stopped by bloomberg's global headquarters in new york to talk with erik schatzker. bennett: i believe we will have a selloff. cycles are not extinct, although we ha