You see what Tmobile did with ATTs multi billion dollar breakup fee. Good for Netflix.
FormerKarmaKing on
Save this comment: David Ellison buying a content studio leveraged against the money his Dad is betting on AI disrupting IP creation ends in a Shakespearean result.
GringottsWizardBank on
Two companies riddled with debt merging. Literally can’t go tits up. Netflix will own all of them in time
CheetahOk2231 on
Wonder how all those major Hollywood unions feel now as they spoke out about how much they hated the Netflix deal.
Surprise! Mega indebted paramount with double the studios, needing several billions in cost cutting has arrived.
Jadedtrader33 on
$100B combined debt company paying an additional $2B cash lmao.
whitelowtis on
More monopoly
DavidCaller69 on
It’s crazy how none of these comments speak to the real reason behind this. Ellison is overvaluing WBD and paying Netflix because the end goal is media consolidation for the benefit of the current admin, at any cost. Everyone acting like this is some raw deal really doesn’t grasp what is going on.
About_to_kms on
Why is paramount stock up 20% lmao
Wetrapordie on
Just cancelled my paramount subscription to twist the knife a little more.
Don’t worry! Paramount is state media now. We, the tax payers, will bail them out if they get into trouble.
dj_spatial on
Yea but to control the media and guide narratives leading to favorable legislation and get out of jail free cards is priceless. We scoff at 2.8 billion but look at the return big tech got just for donating to the inauguration
26 Comments
https://preview.redd.it/6w408605g3mg1.png?width=1530&format=png&auto=webp&s=b3154a20f98c0b9b8979622fcb277259be12b796
yeah my graph’s telling the same
Easy free cash and Netflix will be able to buy both of them by 2030 after they fail, this is an absolute win
via Venmo
Netflix can use that money when they buy distressed assets from Paramount.
What dumb a CEO, after acquiring the IPS, they’re going to ruin it, definitely.
Not a bad payday for Netflix having their lawyers throw a few pens around…
Netflix really playing 5D chess. Made Paramount overpay, go into massive debt, and got a free 2.8b out of it 😂
Art of the Deal but for real this time
Full amount in pennies
WBD has 45min to pump, $31 let’s go!
You should use a credit card. You get miles – For those who get the reference.
A $15B company paying a $3B fee from which they get nothing is insane
How and why is this even possible….
https://preview.redd.it/9zdzy5emh3mg1.png?width=512&format=png&auto=webp&s=51c31d6f1c70716fd4aee554c17b4915baef7119
You see what Tmobile did with ATTs multi billion dollar breakup fee. Good for Netflix.
Save this comment: David Ellison buying a content studio leveraged against the money his Dad is betting on AI disrupting IP creation ends in a Shakespearean result.
Two companies riddled with debt merging. Literally can’t go tits up. Netflix will own all of them in time
Wonder how all those major Hollywood unions feel now as they spoke out about how much they hated the Netflix deal.
Surprise! Mega indebted paramount with double the studios, needing several billions in cost cutting has arrived.
$100B combined debt company paying an additional $2B cash lmao.
More monopoly
It’s crazy how none of these comments speak to the real reason behind this. Ellison is overvaluing WBD and paying Netflix because the end goal is media consolidation for the benefit of the current admin, at any cost. Everyone acting like this is some raw deal really doesn’t grasp what is going on.
Why is paramount stock up 20% lmao
Just cancelled my paramount subscription to twist the knife a little more.
https://preview.redd.it/3fdo8ixni3mg1.jpeg?width=259&format=pjpg&auto=webp&s=a4a9a60ac0cf822ca085511ad4703858be22bd20
Don’t worry! Paramount is state media now. We, the tax payers, will bail them out if they get into trouble.
Yea but to control the media and guide narratives leading to favorable legislation and get out of jail free cards is priceless. We scoff at 2.8 billion but look at the return big tech got just for donating to the inauguration