Netflix's $82.7 billion deal to buy Warner has been dramatically gazumped by Paramount, to the tune of $111 billion

Comments

• Technus@lemmy.zip ⁨2⁩ ⁨weeks⁩ ago

  There’s no way in hell Paramount has that much cash available. This is gonna be a leveraged buyout of epic proportions, and it’s gonna crash and burn epically too.

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  • BarbecueCowboy@lemmy.dbzer0.com ⁨2⁩ ⁨weeks⁩ ago

    I kinda feel like having it all fall apart might be the best case scenario for everyone.

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  • calliope@piefed.blahaj.zone ⁨2⁩ ⁨weeks⁩ ago

    That’s because “Paramount” in the title translates to “the Ellisons.” I feel like they could have just spelled that out in the title.

    The article later says

    Paramount Skydance CEO David Ellison and his dad Larry Ellison - who is funding the acquisition of Warner Bros Discovery out of his personal fortune

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• PunnyName@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  The fact that this is even being considered, is a problem. They should BOTH have been required to splinter apart into unrecognizable entities, instead.

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• shani66@ani.social ⁨2⁩ ⁨weeks⁩ ago

  Well that’s bad for everyone

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