
The Succession Formula: Power, Ratings, and Odds.
In the latest episode of "Succession," the Roy children outbid their father Logan for Pierce Global Media, a conglomerate he has long coveted. However, the $10 billion offer makes no business sense and may be the most injurious thing Logan has ever done to his offspring. Legacy media might not be the blue chip that "Succession" seems to imply it is, but the episode rightly mocks the likely success of new media startups.