> Paramount Skydance, led by David Ellison, has received commitments of nearly $24 billion to back its takeover of Warner Bros. Discovery from three Middle Eastern sovereign wealth funds, the Wall Street Journal reported.
> Saudi Arabia’s Public Investment Fund (PIF) agreed to provide about $10 billion to Paramount, with the state-controlled funds of Qatar and Abu Dhabi providing the remainder of the $24 billion, the Journal reported, citing anonymous sources.
Stingray88 on
Absolutely fucking terrible. This should never be allowed for so many different reasons.
GabeDef on
MAGA sold America out again.
RoddyViper on
Is this actually going to end up going through, or will it run into problems that end up preventing it?
I don’t even mean being stopped by anti-monopoly politicians (lol), I mean with the amount of debt they’re going to be in. I’m not business-savvy enough to get how it all works but somebody else said Netflix “pulling out” might have just been a tactical retreat and they’ll try again if/when this goes belly-up.
captainmrsteak on
How is this legal
MuddaFrmAnnudaBrudda on
All because they didn’t want Netflix to have it. Didn’t even have the money.
Eastern-Traffic7282 on
Rupert Murdoch 2.0
bugabooandtwo on
Oh, the amount of propaganda they’ll produce will be insane.
feignapathy on
It’s pretty crazy to me how we’re letting foreign countries buy everything up…
Beginning-Bed9364 on
The guys who did 9/11 are going to control all American media. Great!
hockenduke on
“Why aren’t we going after the other oppressive regimes in the Middle East?”
Morningfluid on
Time to start making movies outside of the large studio purview.
gpelayo15 on
How are they funding this through the Iran war??
8JHF8 on
The FCC could get involved due to CBS network involvement. They probably won’t.
Donotusewhencold on
Terrorist media
Griffisbored on
I know this is an entertainment sub but this is political news. Middle East countries are funding the Trump friendly media empire while they are begging Trump to invade Iran and force open the straits of Hormuz. This is basically a bribe.
ThePurpleBandit on
That sounds like an ethical group!
Iamthelizardking887 on
In the next movie, Superman will go after his biggest nemesis yet:
20 Comments
> Paramount Skydance, led by David Ellison, has received commitments of nearly $24 billion to back its takeover of Warner Bros. Discovery from three Middle Eastern sovereign wealth funds, the Wall Street Journal reported.
> Saudi Arabia’s Public Investment Fund (PIF) agreed to provide about $10 billion to Paramount, with the state-controlled funds of Qatar and Abu Dhabi providing the remainder of the $24 billion, the Journal reported, citing anonymous sources.
Absolutely fucking terrible. This should never be allowed for so many different reasons.
MAGA sold America out again.
Is this actually going to end up going through, or will it run into problems that end up preventing it?
I don’t even mean being stopped by anti-monopoly politicians (lol), I mean with the amount of debt they’re going to be in. I’m not business-savvy enough to get how it all works but somebody else said Netflix “pulling out” might have just been a tactical retreat and they’ll try again if/when this goes belly-up.
How is this legal
All because they didn’t want Netflix to have it. Didn’t even have the money.
Rupert Murdoch 2.0
Oh, the amount of propaganda they’ll produce will be insane.
It’s pretty crazy to me how we’re letting foreign countries buy everything up…
The guys who did 9/11 are going to control all American media. Great!
“Why aren’t we going after the other oppressive regimes in the Middle East?”
Time to start making movies outside of the large studio purview.
How are they funding this through the Iran war??
The FCC could get involved due to CBS network involvement. They probably won’t.
Terrorist media
I know this is an entertainment sub but this is political news. Middle East countries are funding the Trump friendly media empire while they are begging Trump to invade Iran and force open the straits of Hormuz. This is basically a bribe.
That sounds like an ethical group!
In the next movie, Superman will go after his biggest nemesis yet:
A Washington Post reporter.
Robber Barons 2.0
Our country’s media is a joke.