David Ellison has the most punchable face I’ve ever seen.
Gyarydos on
Good
Investolas on
I don’t get it, I come to reddit to read the hot and top comments and for the past few days now there are hardly any.
FunFunFun8 on
Hahahaha
NonchalantGhoul on
Missing out by over 500% is crazy… and so fucking deserved. Get fucked, do the world a favor and go bankrupt.
bomilk19 on
What’s a “Profit Loss”?
bowser986 on
Netflix should initiate a hostile takeover of Skybound/Paramount
Nythoren on
So let me see if I have this straight. Paramount posts a loss of over $500 million and currently has $15.4 billion in debt from their recent acquisition. Their solution to this revenue problem is so…take on more debt? Purchasing WBD will saddle them with an additional $80+ billion in new debt (~$54b from the purchase and over $30b in existing WBD debt that won’t be spun off in Paramount’s purchase) with an annual interest of 6.375% (mostly due to Paramount’s terrible baa+ credit rating). Paramount is going to be pushing $100 billion in debt in an industry that is seeing decreasing revenue and margins.
DirecTV and, later, AT&T made similar mistakes. Both times the purchase of large media companies using giant debt loads turned out poorly. Paramount appears to be on the same path.
jawstrock on
Keep spreading the love for cancelling paramount+
GotMoFans on
It’s like someone had their dad buy them a semi-truck without ever learning how to drive it and they’re driving it into the ground but now they want to get their dad to buy a locomotive they don’t know how to operate so they can drive it too.
CromwellsBladder on
I realize that neither Netflix or Paramount winning this “war” is a good thing – like at all.
However, for all of that, please for the love of god, I hope Netflix win this thing. It’s the least worse result.
I do not want this MAGA moron or any Trump V2 supporter hastening the decline of what remains of journalistic integrity, or be the ones in charge of a back catalogue of many great films that I value.
And yes, I must agree – this fuckwit, Ellison does have an incredible punch-worthy face. He looks uncannily like, that dick Neidermeyer (Omega Theta Pi) from Animal House.
Far-Web-165 on
Title seems a little clickbaity and article had no info so I feel like I can explain it better.
The losses are due to a $546 million restucturing cost – which are considered one-time expenses due to reorganization/new management changes.
They are known and expected in any sort of merger or buyout and already priced into the stock well before.
Dicounting restructuring costs – profits seemed to have increased to 207 from 129 year-over-year even as revenues declined (mainly due to improving DTC margins).
Overall, reactions from Wall Street seems to be “meh”, with the stock not really going up or down.
14 Comments
David Ellison has the most punchable face I’ve ever seen.
Good
I don’t get it, I come to reddit to read the hot and top comments and for the past few days now there are hardly any.
Hahahaha
Missing out by over 500% is crazy… and so fucking deserved. Get fucked, do the world a favor and go bankrupt.
What’s a “Profit Loss”?
Netflix should initiate a hostile takeover of Skybound/Paramount
So let me see if I have this straight. Paramount posts a loss of over $500 million and currently has $15.4 billion in debt from their recent acquisition. Their solution to this revenue problem is so…take on more debt? Purchasing WBD will saddle them with an additional $80+ billion in new debt (~$54b from the purchase and over $30b in existing WBD debt that won’t be spun off in Paramount’s purchase) with an annual interest of 6.375% (mostly due to Paramount’s terrible baa+ credit rating). Paramount is going to be pushing $100 billion in debt in an industry that is seeing decreasing revenue and margins.
DirecTV and, later, AT&T made similar mistakes. Both times the purchase of large media companies using giant debt loads turned out poorly. Paramount appears to be on the same path.
Keep spreading the love for cancelling paramount+
It’s like someone had their dad buy them a semi-truck without ever learning how to drive it and they’re driving it into the ground but now they want to get their dad to buy a locomotive they don’t know how to operate so they can drive it too.
I realize that neither Netflix or Paramount winning this “war” is a good thing – like at all.
However, for all of that, please for the love of god, I hope Netflix win this thing. It’s the least worse result.
I do not want this MAGA moron or any Trump V2 supporter hastening the decline of what remains of journalistic integrity, or be the ones in charge of a back catalogue of many great films that I value.
And yes, I must agree – this fuckwit, Ellison does have an incredible punch-worthy face. He looks uncannily like, that dick Neidermeyer (Omega Theta Pi) from Animal House.
Title seems a little clickbaity and article had no info so I feel like I can explain it better.
The losses are due to a $546 million restucturing cost – which are considered one-time expenses due to reorganization/new management changes.
They are known and expected in any sort of merger or buyout and already priced into the stock well before.
Dicounting restructuring costs – profits seemed to have increased to 207 from 129 year-over-year even as revenues declined (mainly due to improving DTC margins).
Overall, reactions from Wall Street seems to be “meh”, with the stock not really going up or down.
He’s so ugly
Bleed them out