“The combined company, they said, will have a presence in over 200 countries and territories worldwide with a portfolio of cable and free-to-air networks including CBS, CNN, TBS, TNT, Food Network, HDTV, MTV, Cartoon Network, Adult Swim and Discovery Channel.” – Deadline

by Hiraeth-nomad

10 Comments

  1. An astounding footprint of only 80 Billion in carried debt.

    Netflix is going to get WB eventually.

  2. Hiraeth-nomad on

    With so much power in one place, they would have major influence over what gets made, what gets promoted, and what stories get the most attention. What would even be the point of watching anything?

  3. Redditaccount173 on

    Of course not. This is about creating controlled state media for propaganda purposes. Cable networks are integral to that objective. They would only sell declining assets/networks if the primary objective included profitability.

  4. Coolman_Rosso on

    I mean they have no reason now, since that’s where most of their money comes from. The iceberg is melting however.

  5. Wanting to be part of cable TV in 2026 seems like an amazing business decision. Netflix will be able to buy WB and Paramount in a couple of years for pennys.

  6. inksmudgedhands on

    Well, they just cursed themselves, didn’t they? I give them two years before they start selling. In the end, the shareholders have the last say and if they start losing money, they are going to start unloading.

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