Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says
by Anchor_Aways
Paramount’s Junk-Status Credit Rating to Be Downgraded Further Following Warner Bros. Merger to Reflect ‘Major Ongoing Uncertainties,’ S&P Global Says
by Anchor_Aways
8 Comments
Hate that for WB & DC 😞
Love that for Paramount and the Ellisons 😄
Corporation is being funded by Saudi Arabia, but 50~ billion in debt is scary. I wonder if in a few years they’ll be in the same boat as the previous WB merger where they couldn’t get out of it so they decided to sell.
Good. Screw them. Read that they are making a deal for Katie Millers Podcast yesterday. I really didn’t think I could dislike Paramount more than I already did.
I just wish the only ones who had to pay and struggle were the corrupt Ellison MAGATs rather than everyone who works directly in or adjacent to the industry
The Paramount/Govt bailout is going to be the biggest grift ever.
Wow. Maybe Netflix did do the art of the trade/deal and will scoop them all up one feel swoop
It was way overpriced.
Everyone these days seems happy to throw around 100 billion like it’s no big deal but someone is going to be left holding the bag.
And the people who will suffer are the ones who worked under them.