Here we go. Expect their opposition to be the first of many from Dem AGs. Probably a hostile European Union and UK, too. And I hope they prevail. One company shouldn’t own that fucking much. The end.
DaKingaDaNorth on
There will be a lot of resistance and I expect the EU will hold this up a long time. But so many mergers have went through that it’s hard to view a way to ultimately block this via current precedents. There is a chance Paramount goes to shit in the stock market in the uncertainty.
UsefulWeb7543 on
Shame on Paramount for ruining WB. I wish Legendary bought it.
Vadermaulkylo on
I wish Sony bought Paramount
ZillaSlayer54 on
It’s super crazy that there’s a very decent chance that I’ll live to see the total collapse of Warner Bros.
RVarki on
Just delay the merger till late 2028
Kimber80 on
😂😂😂
NotAnotherEmpire on
Merger is pretty clearly for anticompetitive reasons with how much Paramount is overpaying. This can be true at the same time the Netflix deal was massively moreso. *That* one effectively gave Netflix power over the movie theater industry, because it couldn’t possibly survive Netflix shortening the theatrical window.
Yeah they promised they wouldn’t, but that’s hardly enforceable or going to make the theaters comfortable.
Warner-Paramount is bad for other aspects of movie competition, with a side of pressure on theaters. And it’s not about CNN. The Discovery Global spinoff would have been *way* cheaper and easier to acquire, as it was a “bad bank” company. CNN is a rounding error.
8 Comments
Here we go. Expect their opposition to be the first of many from Dem AGs. Probably a hostile European Union and UK, too. And I hope they prevail. One company shouldn’t own that fucking much. The end.
There will be a lot of resistance and I expect the EU will hold this up a long time. But so many mergers have went through that it’s hard to view a way to ultimately block this via current precedents. There is a chance Paramount goes to shit in the stock market in the uncertainty.
Shame on Paramount for ruining WB. I wish Legendary bought it.
I wish Sony bought Paramount
It’s super crazy that there’s a very decent chance that I’ll live to see the total collapse of Warner Bros.
Just delay the merger till late 2028
😂😂😂
Merger is pretty clearly for anticompetitive reasons with how much Paramount is overpaying. This can be true at the same time the Netflix deal was massively moreso. *That* one effectively gave Netflix power over the movie theater industry, because it couldn’t possibly survive Netflix shortening the theatrical window.
Yeah they promised they wouldn’t, but that’s hardly enforceable or going to make the theaters comfortable.
Warner-Paramount is bad for other aspects of movie competition, with a side of pressure on theaters. And it’s not about CNN. The Discovery Global spinoff would have been *way* cheaper and easier to acquire, as it was a “bad bank” company. CNN is a rounding error.