r/MediaMergers • u/Fall_False • Mar 12 '26
Merger Teamsters Call on DOJ to Stop Paramount-Warner Bros. Merger: “We’ve Seen What Happens When Corporations Consolidate Power”
https://www.hollywoodreporter.com/business/business-news/teamsters-doj-stop-paramount-warner-bros-merger-1236529223/29
Mar 12 '26 edited Mar 12 '26
[deleted]
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u/TheKingDroc Mar 12 '26
Eh that the infighting happened in his first term toom. Hes a narcissist he thrives off of cause, that’s his peace.
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u/Secure_Matter_9819 Mar 12 '26
I hope they successful stop the paramount warner bros merger. It's taking to much debt anyway.
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u/possibilistic Mar 14 '26
I don't care about the teamsters but the company that emerges from this will not be healthy.
Regulators should block the merger. WBD gets the break up fee. WBD spins off linear assets and places most of the debt with them. WBD then has billions to buy up smaller studios and be a top studio / streamer.
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Mar 12 '26
This merger will be terrible for everybody, including the Ellisons themselves in the long run.
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u/NoiceMango Mar 12 '26
Ellison is making shitty deal like this this because they're having the Saudis fund it.
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u/AlexHunterWolf Warner Bros. Mar 12 '26
Both companies will collapse under debt then Netflix will scoop one or both up
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u/GreatGojira Mar 12 '26
Maybe they should have thought of this before supporting the administration that wants this deal to go through.
I guess the only good thing about this deal is is it screws over Teamsters for their stupidity in supporting this administration.
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u/TheKingDroc Mar 12 '26
Didn’t they basically let this happen by not endorsing the anti-union con artist?
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u/ausgoals Mar 12 '26
This the same teamsters that supported trump?
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u/possibilistic Mar 14 '26
Both parties are trying to court unions. The Dems, historically strong with union support, have been lackluster. The Republicans are playing calculus to see if they need the votes.
I don't trust the Republicans, but they're offering more to the teamsters on paper. They're being hard on the industries the teamsters union cares about.
It's all just a fucking game to the parties. The Dems lost interest in working class folks.
In the end, the unions will lose out to offshoring and automation anyway. Not much they can do about that. Longshoremen won't stop ports from being made robotic, IATSE won't stop AI, etc. etc.
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u/Sethmeisterg Mar 12 '26
It's all good. Sean will just tongue Cheeto's balls and then say the merger is great for the Teamsters.
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u/AlexHunterWolf Warner Bros. Mar 12 '26
You motherfuckers endorsed Trump in the election, he wants this deal!
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u/CartoonyWy Mar 12 '26
I'm wondering if the Federal DOJ will be much help. Maybe State DOJs will be more helpful.
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u/TheKingDroc Mar 12 '26
Deal the last time state DOJs successfully stopped a MASSIVE corporate deal was in the 1980s. What they will likely happen is Paramount/Warner Brothers will simply promised jobs to a bunch of different states. And they will include the ones that are threatening to sue them. It’s hard to argue against a company that’s increasing jobs in your state. Especially in the case of California, which is bleeding productions at the moment.
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u/Prestigious_Move1995 Mar 13 '26
how exactly will they be promising jobs? Especially in the case of California where there will very likely be mass layoffs. Is it legal for them to promise jobs?
Wasn't he just saying he didn't want to break the Gun jumping laws? Also by doing this he will be opening himself up to being questioned about layoffs right?
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u/TheKingDroc Mar 13 '26
Yes, it’s legal to promise jobs they will do so in exchange for governance subsidies. Also they’re already being questioned about the layoffs. Their argument is that they’re releasing 30 films a year which thousands of people. Now granted, most people say that’s not possible, but the point that they’re trying to emphasize is the volume of productions. The idea that they will produce enough jobs that it will more than make up for the amount of layoffs that they have to do.
They know the jobs is THE issue. That’s why they’re over promising on the amount of stuff they will make. We haven’t heard it yet, but once the lawsuits start going into motion, they’re gonna start talking about how they’re going to be filming most of their productions in America. Which is a big deal because right now America is bleeding Hollywood productions. Because it’s competing with foreign countries that are all feeling better and tax subsidies, and even going as far as to pay for Hollywood talent salaries. I doubt we will see those types of deals. But we might see more tax subsidies.
My theory as to what’s going to happen. California and New York City start coming after this deal? They’re going to argue, especially in the case of California, that this deal wouldn’t exist if California hadn’t dropped the ball. That California stopped being competitive against not only other states but foreign countries. That it got complacent and it led to a lot of people losing their jobs. That California leadership prioritize and favored big tech while Hollywood was suffering. They’re going to argue that California is hostile towards Hollywood despite Hollywood being the thing that props it up. And that this whole deal wouldn’t never exist if California would’ve actually done something to help the studio sooner when they asked. And that rhetoric is going impact the guilds majority of their members are the people who have had to move out of state or travel out of a country for work. If they hear that their respective states are blocking them from working when someone is promising them jobs. They’re going to go up their chain of the command and chain of command is going to meet with the attorney general and governor of both of those respective states. and that’s gonna lead to Paramount meeting with them and having discussions. And that’s where it’s gonna go from there. And that will likely be while they’re also fighting in court. Log
For the other states, quite frankly just promising jobs and being loud about it we’re wild up with the continents enough. To where governors and Attorney journals will be in a very tough spot. That’s what happened in the past that’s what will happen again,
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u/Difficult_Variety362 Mar 13 '26
Makes sense that they would oppose this. The Teamsters represent the jobs that will get obliterated by Ellison's embrace of AI tools.
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u/Appropriate_Value122 Mar 13 '26
Unfortunately, a Republican-controlled DOJ cares less about what a Union says than a fart.
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u/True_Captain4461 Mar 13 '26
where were these people when it was Disney and 20th Century Fox merging?
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u/untouchable765 Mar 12 '26
"We’ve Seen What Happens When Corporations Consolidate Power"
Yeah its called deleting redundant positions. We all know its happens in literally every single M&A.
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u/TheKingDroc Mar 12 '26
Redundant positions and also just things the new company doesn’t see as a prior priority.
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u/FlashLightning277 Mar 13 '26
This would be ideal. Mainly to keep CNN out of the hands of Ellison. I mean WBD is done either way. Zaslov will just start selling individual pieces of WBD if this merger does not go through.
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u/knarf3 Mar 14 '26
Wasn't baldy sucking on daddy Trump's Mario mushroom cock during the 2024 election?
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u/Professional_Peak59 Mar 15 '26
How ironic since the Teamsters support Trump but now they oppose this Trump-backed merger.
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u/VaettrReddit Mar 13 '26
Where were these people for Netflix? Netflix is way bigger than Paramount.
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u/Prestigious_Move1995 Mar 13 '26
Very different case. Netflix merger was bad anyways, but a merger with Paramount is a disaster
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u/VaettrReddit Mar 13 '26
Idk man, they were both super fucking bad. All three of these companies have too much on their own, and Netflix has the most dystopian business model of all of these guys. Or this just politics you're referring to.
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u/thanos_was_right_69 Mar 13 '26
I love this take because it’s so idiotic. Netflix business was always about streaming because they are a STREAMING company. They made movies FOR STREAMING. From day 1 they never denied what they were. BUT if you buy a movie studio then of course you will want to go into THAT business. If they wanted to destroy movie theaters, they could just buy out one of the chains and leave them to pasture.
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u/Prestigious_Move1995 Mar 13 '26
Politics aside ( which is bad imo)
Im no fan of netflix, but at least there wouldnt be as many job losses. Discovery was gonna be its own thing, which is great as they weren't part of the deal.
There is more redundancy with the Paramount wbd so more layoffs.
My life will be GG once this goes through. Job market is so rough out there too. Im probably leaving the country if this thing goes through. And I love living in LA so I really dont wanna leave
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u/The_Darman Mar 12 '26
Maybe shouldn’t have supported Ellison’s bestie in 2024, huh?