$110 billion is the price to pay for murdering the free press of America.
And for turning every single unit under them, HBO included, into even more of a franchise farm.
It gets worse, too.
> “Paramount expects over $6 billion in cost synergies, short for cost savings. It cited a “combination of: technology integration (such as migrating the combined company to a single enterprise resource planning system and consolidating streaming technology stacks), corporate-wide efficiencies, including procurement savings, optimizing the combined real estate footprint, and otherwise streamlining operational efficiencies.”
This goes through? Warners. Is fucking. ***Dead.***
May all these soulless bastards someday face justice.
ICumCoffee on
> Paramount said the merged company is committed to producing a minimum of 30 theatrical films annually — 15 per studio per year
bold strategy, Cotton. Let’s see if it pays off for ’em.
rnilf on
> Paramount expects over $6 billion in cost synergies, short for cost savings. It cited a “combination of: technology integration (such as migrating the combined company to a single enterprise resource planning system and consolidating streaming technology stacks), corporate-wide efficiencies, including procurement savings, optimizing the combined real estate footprint, and otherwise streamlining operational efficiencies.”
And the ability to subtly push right-wing talking points.
Oops, didn’t mean to say that one.
Also, how is “cost synergies” short for “cost savings”.
LosIngobernable on
Netflix would have actually given a shit about WB because it’s an entertainment streamer and the amount of content for them to make was vast. Fuxk those other guys.
gamersecret2 on
Paramount just swallowed Warner Bros Discovery for $110 billion. That is a full library mega deal plus streaming plus cable in one move.
If they merge Max and Paramount Plus, that could finally be a real Netflix rival, but I also expect layoffs and a lot of projects getting cut fast.
kon--- on
Wild amounts of bankruptcy in effect
SanderSo47 on
> Paramount said the merged company is committed to producing a minimum of 30 theatrical films annually — 15 per studio per year. It promised film will receive a full theatrical release, with a minimum 45-day window globally and the current industry standard home video window prior to availability on subscription streaming services.
It’s difficult to buy this, considering they had an *Avatar: The Last Airbender* animated movie coming up this year in theaters, and now they’re dumping it on Paramount+, where it will vanish without any trace.
I’m pressing X to doubt.
CurbYerGod on
The only fuckery left will be for this criminal administration to bail out this debt riddled-soon to be bankrupt-monopolistic abomination of a merger.
The house of cards will fall. It’s just a matter of when.
ICumCoffee on
> Paramount expects over $6 billion in cost synergies, short for cost savings
In other words, *Massive* Layoffs coming for HBO & Warner.
CurbYerGod on
Netflix just earned 2.8 billion for doing nothing.
Calcutec_1 on
So instead of HBO and Netflix combining now HBO and the shitty Paramount Plus is combining ?
TomatoAdventurous139 on
No more stream service for me. Can’t afford it when wages don’t match cost of living.
tonofunnumba1 on
Ah yeah, let’s just forget about Monopolies!
TheeAmateurArtist on
😮💨 this country not tired yet?
Vadermaulkylo on
I’m gonna say this: I don’t think Ellison stops here. I think he tries to go for Comcast or maybe Disney next. My theory is this is the start of a massive play by Larry Ellison to take control of all the media and mega corps. Or at least most.
But idk if that’ll work once we’re in a post Trump world. Doubt it would actually. But I think that’s the plan for right now.
Animalpoop on
I hate these people ruining the things I’ve grown up loving. Why is no one protecting us anymore in the government? Rhetorical btw. I know the rea$on.
Shadow_Ass on
I’m not from the US so I’m not that much involved in the ownership and which party is being biased by which company here, could someone explain in one sentence why this is so bad? Thanks
_nanite_ on
And the sheep will continue to just allow this shit to happen.
Firm-Tangelo-8299 on
I’d demand it in cash
MyWorldTalkRadio on
Y’all need to just stop watching all this bullshit so they lose money.
GosmeisterGeneral on
They need approximately 110 Chris Nolan movies to break even.
So glad Warners still have him in their pocket, right? RIGHT?
DoritoDustThumb on
That Korean content is fire. Might have to be done with US nonsense for a while.
voreo on
I hope california stops this… they got a lot to lose on it
ZippidieDooDah on
If the Community Movie doesn’t survive these shenanigans….def not streets ahead
johnppd on
this is such a weird timeline…
ThaPhantom07 on
I really hope all the talent jumps ship.
Nice_Marmot_7 on
“Welcome to Costco. I love you.”
JamesCoyle3 on
Gee, he promised the exact same theatrical window Netflix did. Still feel like consolidating our news media was worth it, theater bros?
28 Comments
$110 billion is the price to pay for murdering the free press of America.
And for turning every single unit under them, HBO included, into even more of a franchise farm.
It gets worse, too.
> “Paramount expects over $6 billion in cost synergies, short for cost savings. It cited a “combination of: technology integration (such as migrating the combined company to a single enterprise resource planning system and consolidating streaming technology stacks), corporate-wide efficiencies, including procurement savings, optimizing the combined real estate footprint, and otherwise streamlining operational efficiencies.”
This goes through? Warners. Is fucking. ***Dead.***
May all these soulless bastards someday face justice.
> Paramount said the merged company is committed to producing a minimum of 30 theatrical films annually — 15 per studio per year
bold strategy, Cotton. Let’s see if it pays off for ’em.
> Paramount expects over $6 billion in cost synergies, short for cost savings. It cited a “combination of: technology integration (such as migrating the combined company to a single enterprise resource planning system and consolidating streaming technology stacks), corporate-wide efficiencies, including procurement savings, optimizing the combined real estate footprint, and otherwise streamlining operational efficiencies.”
And the ability to subtly push right-wing talking points.
Oops, didn’t mean to say that one.
Also, how is “cost synergies” short for “cost savings”.
Netflix would have actually given a shit about WB because it’s an entertainment streamer and the amount of content for them to make was vast. Fuxk those other guys.
Paramount just swallowed Warner Bros Discovery for $110 billion. That is a full library mega deal plus streaming plus cable in one move.
If they merge Max and Paramount Plus, that could finally be a real Netflix rival, but I also expect layoffs and a lot of projects getting cut fast.
Wild amounts of bankruptcy in effect
> Paramount said the merged company is committed to producing a minimum of 30 theatrical films annually — 15 per studio per year. It promised film will receive a full theatrical release, with a minimum 45-day window globally and the current industry standard home video window prior to availability on subscription streaming services.
It’s difficult to buy this, considering they had an *Avatar: The Last Airbender* animated movie coming up this year in theaters, and now they’re dumping it on Paramount+, where it will vanish without any trace.
I’m pressing X to doubt.
The only fuckery left will be for this criminal administration to bail out this debt riddled-soon to be bankrupt-monopolistic abomination of a merger.
The house of cards will fall. It’s just a matter of when.
> Paramount expects over $6 billion in cost synergies, short for cost savings
In other words, *Massive* Layoffs coming for HBO & Warner.
Netflix just earned 2.8 billion for doing nothing.
So instead of HBO and Netflix combining now HBO and the shitty Paramount Plus is combining ?
No more stream service for me. Can’t afford it when wages don’t match cost of living.
Ah yeah, let’s just forget about Monopolies!
😮💨 this country not tired yet?
I’m gonna say this: I don’t think Ellison stops here. I think he tries to go for Comcast or maybe Disney next. My theory is this is the start of a massive play by Larry Ellison to take control of all the media and mega corps. Or at least most.
But idk if that’ll work once we’re in a post Trump world. Doubt it would actually. But I think that’s the plan for right now.
I hate these people ruining the things I’ve grown up loving. Why is no one protecting us anymore in the government? Rhetorical btw. I know the rea$on.
I’m not from the US so I’m not that much involved in the ownership and which party is being biased by which company here, could someone explain in one sentence why this is so bad? Thanks
And the sheep will continue to just allow this shit to happen.
I’d demand it in cash
Y’all need to just stop watching all this bullshit so they lose money.
They need approximately 110 Chris Nolan movies to break even.
So glad Warners still have him in their pocket, right? RIGHT?
That Korean content is fire. Might have to be done with US nonsense for a while.
I hope california stops this… they got a lot to lose on it
If the Community Movie doesn’t survive these shenanigans….def not streets ahead
this is such a weird timeline…
I really hope all the talent jumps ship.
“Welcome to Costco. I love you.”
Gee, he promised the exact same theatrical window Netflix did. Still feel like consolidating our news media was worth it, theater bros?