WBD, PSKY, and NFLX caught up in quite the spectacle—looks like some serious capital plays are unfolding with high-profile figures pulling strings. Here's the real concern though: PSKY's debt structure tied to this whole arrangement? That's walking a razor's edge. When you've got overleveraged positions mixed with entertainment industry drama, the math rarely works out in investors' favor. The debt exposure on this deal could spell major trouble if sentiment shifts or funding dries up. Worth keeping a close eye on how this plays out.