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 ⁨7⁩ ⁨hours⁩ 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.

  source

  • BarbecueCowboy@lemmy.dbzer0.com ⁨3⁩ ⁨hours⁩ ago

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

    source
  • calliope@piefed.blahaj.zone ⁨2⁩ ⁨hours⁩ 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

    source