According to CoinMeta, David Ellison has recently defeated Warner, and next he will challenge Netflix and YouTube. Ellison has transformed from a film producer into a media giant over the past two years, acquiring Paramount and Warner Bros. Now, the challenge he faces is how to merge these two companies and compete with Netflix and YouTube. Analyst Rich Greenfield believes that Ellison needs to do more than just increase the content from Paramount and HBO; it also needs to open up the platform to attract works from external creators, which is precisely the core of YouTube's success. With the development of AI technology, video production has become easier, which will have an impact on the value of traditional media. Ellison needs to find a solution within the next 12 to 24 months to address this change.