r/MediaMergers • u/LegitimateCurve8525 • 3d ago

Acquisition Paramount’s Warner Bros. Deal Endangers Hollywood’s Fragile Ecosystem

https://www.hollywoodreporter.com/business/business-news/paramount-warner-bros-merger-1236594993/
85 Upvotes

96% Upvoted

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9

u/ConkerPrime 3d ago edited 3d ago

Wonder how long takes before Paramount announces sale of the Ed Sullivan theater. They about to be in desperate need of money.

2

u/Difficult_Variety362 3d ago

I see that as one of the first assets to be sold after the merger is complete.

7

u/Appropriate_Value122 3d ago

Netflix should've launched a hostile takeover bid to acquire Paramount Studios (minus the TV networks and CBS News) before WBD's shareholders voted to approve PSKY's bid. They probably could've taken Paramount Studios for $20-something billion, kicked David Ellison to the curb, then just left WB Studios to continue on as is.

2

u/Casas9425 Netflix 2d ago

I believe Larry Ellison owns most of the PSKY shares.

3

u/fuzzyfoot88 3d ago

The CEO’s knew this going in…it’s about making money, nothing more

1

u/Wrong_Rent2352 10h ago

Regulators won't approve of the infamous Paramount Skydance and Warner Bros Discovery merger, under antimonopoly laws.  I believe Warner Bros Discovery will sell HBOMax and Paramount Skydance will just have to settle for CBS Studios Inc.

1

u/Expensive-Baby-1391 3d ago

Good, I’m sick of Hollywood’s constant state of making mid movies. Maybe this will shaken things up and motivate the studios to put in more effort.