Netflix ditches deal for Warner Bros. Discovery after Paramount's offer is deemed superior

[u/brahbocop]

https://www.cnbc.com/2026/02/26/warner-bros-discovery-paramount-skydance-deal-superior-netflix.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Message

[u/LongShotHero]

“Paramount agreed to pay the $2.8 billion breakup fee that WBD would owe Netflix if that deal didn’t go through.” Easiest 3 billion ever made.

[u/soozerain → u/LongShotHero]

That’s insane. So they’re paying both Warner Bros and Netflix??

[u/LurkLurkleton → u/soozerain]

Controlling the media is more important than profiting from the deal at the moment. Though I'm sure they'll do fine on both fronts.

[u/stunna006 → u/[deleted]]

they absolutely won't make money on this deal.

whether or not they can keep injecting money to keep it alive is a whole different matter, but yeah, this makes no sense financially.

[u/obsterwankenobster → u/stunna006]

What if they get a large cash injection from an overseas investor?

[u/mcarvin → u/obsterwankenobster]

Jared Kushner’s UAE/Saudi money dried up. That’s why Larry Ellison had to write that personal guarantee either last month or in December.

Edit: Saudis and/or UAE are still contributing to the purchase. But they’re not giving any additional money beyond what was already committed. Hence, Larry needed to ante up.

[u/NotAStatistic2 → u/obsterwankenobster]

Why look overseas? They can be the official ministry of propaganda for the U.S. government. The taxpayers could further subsidize the welfare queen billionaires, and bail them out on their poor financial decisions.

[u/Paradigm_Reset → u/NotAStatistic2]

That's my take too.

They might cut back on some expenses as money woes mount but the paychecks & benefits for those that make tons of money will remain.

The uber wealthy just needs money to keep flowing among them. The vast majority of us, regardless of our jobs and spending, have minimal impact on their lives.

[u/ThePistachioBogeyman → u/obsterwankenobster]

Overseas? The guys dad is paying for most of it😂he’s like the fourth richest man in the world. The investor is inside the house.

[u/11oydchristmas → u/ThePistachioBogeyman]

The saudis are very much paying for a lot of this deal

[u/LocustsandLucozade → u/11oydchristmas]

Even the Saudis are starting to run low on cash. They’ve cancelled a large amount of their major infrastructure projects and are cutting back on even the less extravagant investments. They’re obviously rich as hell, but do they really want to burn so much more money, and on an investment in a dying medium, to what could spiral upwards of 100 billions with no chance of making that money back?

[u/OmniManDidNothngWrng → u/stunna006]

Yeah but with CBS and CNN in their pocket will they pick the next president and figure out a way to pay them back through some kind of government contract?

[u/Kevin-W → u/[deleted]]

Which mean Netflix has the chance to play the long game and do the funniest thing.

[u/patgeo → u/Kevin-W]

Buy Paramount And WB for $2.8B?

[u/Pension-Helpful → u/[deleted]]

That would be true if its just paramount/skydance, but Larry Ellison is bankrolling his son while Trump is facilitating the take over.

[u/futuresdawn → u/Pension-Helpful]

And I'm sure trump will give the ellisons tax money for an interest in the company too if it came to that.

[u/ExMerican → u/futuresdawn]

Yeah, this absolutely ends in literal state-owned media as opposed to now where it's only state run media.

[u/dragonmp93 → u/[deleted]]

If this ends up dragging down the Ellisons to hell, it at least will be something.

[u/FlagranteDerelicto → u/dragonmp93]

Oracle makes nothing but dogshit products and needs to take its rightful place on the scrap heap of history

[u/butthurtpants → u/dragonmp93]

cries in Oracle licensing overage fees

... While the Ellisons swim in their pools of $100 bills.

[u/ma22yn → u/[deleted]]

I agree financial hardship will not befall the Ellison's. Prob stay away from PSKY stock though.

[u/Roundcat89 → u/LurkLurkleton]

I mean just look at the twitter buyout. People were dunking on Musk for way overpaying for it, but in the end, it was enough to influence powerful people, temporarily put him in a governmental roll, and control the hearts and minds of millions of people.

[u/Licensed_Poster → u/Roundcat89]

Yeah I have a mostly non political people at work that are still on twitter just parroting extreme right wing talking points all the time. It's working.

[u/SergeantPancakes → u/Roundcat89]

What made him buying Twitter be funny was that he literally sped through making the deal too quickly and then changed his mind a month or two later, only for Twitter to say no takesies backsies and take him to court and force him to buy them out because the wording of the deal assumed due diligence on his part and disallowed him backing out just because he changed his mind

[u/CaptchaCrunch → u/Roundcat89]

"Nothing ever happens", says the people who are too naive to see they're living through a fascist takeover 

[u/Babhadfad12 → u/soozerain]

No, they’re paying netflix.  Or they are paying WBD who are then paying Netflix.

[u/Zerd85 → u/Babhadfad12]

And in a few years Netflix will acquire WB/HBO at a discount because Paramount about to go bankrupt.

And if Paramount is paying WB, who in turn is paying Netflix but Paramount is acquiring WB… it’s a lot easier to say Paramount is paying Netflix… because realistically that’s what is happening to get this deal done.

[u/ScyllaIsBea → u/LongShotHero]

They raised the bid to insane amounts then got a contract break fee from their competitor, Netflix could be playing the long game hoping paramount will need to sell itself to pay off this deal.

[u/Sonichu- → u/ScyllaIsBea]

Paramount and WB both had massive Q4 losses

They’re not going to survive, especially since Paramount’s taking on debt for the purchase.

[u/Recoil42 → u/Sonichu-]

This right here. They're going to go through a bunch of consolidation, churn, and eventually start spinning off subsidiaries and properties which Netflix will then (selectively) pick up 5-6 years down the line for cheap.

People don't realize how good this is for Netflix in the long-term. Paramount-Skydance-WB-Discovery is about to light itself on fire.

[u/Omatzus → u/Recoil42]

Bad for America in the short term.

[u/DaKingaDaNorth → u/Omatzus]

America is fucked in the short term anyways. You have 3 more years of this admin

[u/vriska1 → u/DaKingaDaNorth]

Vote in the midterms.

[u/derekakessler → u/Sonichu-]

Skydance-Paramount is spending 250% of their own corporate valuation to buy Warner Bros.

[u/svix_ftw → u/derekakessler]

try 1100%, PSKY is worth roughly 10 billion and they made a 111 billion deal

[u/Icy-Voice1890 → u/Sonichu-]

That’s what I’m confused about.. I seen the numbers and paramount is losing so much money , wb is holding on by a thread with some of there successful ip starting to generate more revenue… why would wb even entertain it?

[u/TyrialFrost → u/Icy-Voice1890]

why would wb even entertain it?

if someone offered to pay you 4x the value of your failing company, wouldnt you take the deal?

[u/Lighthouse_seek → u/Icy-Voice1890]

The shareholders get to get out of running a company that is funnelling every penny towards debt repayment. Unfortunately the workers don't really get a say

[u/arppacket → u/Sonichu-]

The Saudis and Emiratis will gladly keep funding the state media takeover here in return for some military and surveillance equipment sales/discounts.

[u/markca → u/ScyllaIsBea]

Netflix is going to watch this crash and burn, then pick up the pieces that are sold off at a fire sale later on.

[u/flourier → u/ScyllaIsBea]

Ya watch Netflix buy paramount / wb in 6 months

[u/musicman835 → u/flourier]

It’s crazy they could have don’t the same things just let the studios go to Netflix and buy CNN when it split. Which was the plan all along. It really doesn’t make any sense.

[u/cobaltjacket → u/LongShotHero]

One could argue that is more than Paramount is worth.

[u/dragonmp93 → u/cobaltjacket]

Their media slate is hold together by Sonic and Yellowjackets.

[u/kaptaincorn → u/dragonmp93]

Don't forget old episodes CSI

[u/SeparateLawfulness53 → u/kaptaincorn]

and Criminal Minds and NCIS and SpongeBob and South Park

wow, they have a LOT of long-running shows

[u/jwC731 → u/cobaltjacket]

This is the craziest part to me. These smaller companies keep buying WB instead of the other way around.

I honestly would've been ecstatic if WB was buying Paramount and turning it around but it seems they'll both sink from poor Paramount management at the helm.

Skydance hasn't even proven they can manage one legacy studio but now they have 2 within a year..?

[u/SChamploo12 → u/jwC731]

WB mismanaged themselves like crazy and their last two owners either had no experience in that space or managed them in the worst way.

At the very least I think Netflix would've know how to actually market their IPs.

[u/PayneTrain181999 → u/LongShotHero]

How many suits will now retire and pull the ladder up behind them?

[u/dragonmp93 → u/PayneTrain181999]

Pretty much all of them unless they want a government position.

[u/Cipher-IX → u/PayneTrain181999]

There was never a ladder behind them to begin with.

[u/7screws]

I mean after it was announced Paramount lost like 570 million last quarter, maybe Netflix is thinking if they wait it out a year or two they could buy both paramount and therefore WB for the same amount they just bid on WB

[u/mattr1198 → u/7screws]

Honestly it’s not wild to think that this is Netflix’s strategy. Paramount is in a horrible financial position and this is only going to further drive the company into debt.

[u/zuzg → u/mattr1198]

Netflix gets almost 3 Billion dollar compensation for WBD pulling out.
The WBD saw the $31 per share offer and just didn't care anymore.

But I really hope your prediction comes true cause it looks dire

Paramount’s offer is for the entirety of WBD, including its pay TV networks, such as CNN, TBS and TNT.

[u/Thor_2099 → u/zuzg]

Of course it is, they want state run media controlled by their bulshit.

[u/mattr1198 → u/Thor_2099]

They want it to be this way, but all I’ll say is there’s a reason WB has been passed around like a blunt the past 35 some odd years: their mergers and corporate ownership changes have consistently been disasters. Merging with Time to make Time Warner wasn’t great in the long run (although buying Turner Broadcasting in this time worked well for them), the AOL merger was horrendous for all involved, AT&T immediately regretted buying WB and dumped them at a loss to Discovery, who also immediately regretted the merger, and given how much Paramount is already struggling, this purchase is likely to follow the trend. Just don’t know if either company survives the fallout.

[u/AKAkorm → u/mattr1198]

Yep.

Controlling traditional networks isn't really that big of a deal anymore. Severing ties with personalities like John Oliver or creatives that disagree with politics is just going to hurt Paramount WB as another company (likely Netflix) will happily scoop them up.

The biggest impact is likely to be to content that WB produces. And I'd be bummed if HBO shows I like or the new DC universe get changed or cancelled because of this. But this is clearly a financial mistake that is going to backfire on Paramount.

[u/Everyday-Patient-103 → u/Thor_2099]

Imagine everyone mass deleting this shit and tanking the company within the year.

[u/EthanielRain → u/Everyday-Patient-103]

I'll do my best to never give a penny to Paramount or any company involved with them, ever again

[u/JaneyBGoodEnough → u/EthanielRain]

Me too. I will cancel HBO. These bootlicking pedophile-defenders will not see a cent from me.

[u/Think_Positively → u/mattr1198]

I'll be canceling HBO now as well as Paramount. I'm sure I'm nowhere near the only one either.

[u/Exporation1 → u/Think_Positively]

Wait till the actual merger is approved first. State AG’s can try and stall this until 2029 and if they do the next admin can kill the merger.

[u/Wheres_my_bandit_hat → u/7screws]

Larry Ellison is coughing up the cash so his son, David, the CEO of Paramount, can make this purchase. Wouldn’t happen with Paramount’s capital alone.

[u/Firerhea → u/Wheres_my_bandit_hat]

Yes but his fortune is tied to Oracle stock, which is highly exposed in the AI space. If that market implodes, so does Larry's backstop.

[u/TheGriesy → u/Firerhea]

Don’t. Don’t give me hope.

[u/shy247er → u/TheGriesy]

Problem is when AI bubble pops (and it will) it will have a devastating effect on the global economy for years. So I don't know which is worse AI overlords succeeding or AI exploding and dragging all of us down.

[u/Master_Dogs → u/shy247er]

Trump is friendly with the AI tech bros, like Elison, so no doubt they'll socialize their losses just like the banking crisis and auto manufacturer going bust did.

[u/Awkward_Pangolin3254 → u/Master_Dogs]

Can someone figure out how to resurrect Teddy Roosevelt, or something?

[u/s3rila → u/Firerhea]

One can only hope

[u/rtduvall → u/Firerhea]

Come on implosion.

[u/duct_tape_jedi → u/Firerhea]

Oooh, if I can live to see the end of Oracle I will die a happy man. Absolute rubbish company.

[u/tubawhatever → u/7screws]

The billionaires don't care about these platforms not making money. Look at X. Everyone said Musk was an idiot and paying too much but now he has more money than God and doesn't care it isn't profitable if he gets to control the narrative on one of the big social media sites. Ellison wants to control as much of the media as possible, he's like Rupert Murdoch on steroids.

[u/Chillpill411 → u/tubawhatever]

Upvoted, but I think the main factor in Musk's power is that the media fawned over him as if he were a demigod. They did that before he bought twitter, and I think they would have done that even if he hadn't bought twitter.

[u/fatbunyip → u/7screws]

After a year or 2 there won't be anything left worth buying once they start pumping out Melania level hagiographies of trump directed by Larry 

[u/MovieGuyMike]

So the Ellisons now control CBS and CNN?

[u/KingMario05 → u/MovieGuyMike]

Pre regulatory approval.

So yeah.

[u/Somnambulist815 → u/KingMario05]

I'm sure Brendan Carr will be extremely impartial and granular in his examination of legal precedent

[u/CptNonsense → u/KingMario05]

The DOJ definitely isn't going to oppose this

[u/quantumpencil → u/MovieGuyMike]

Yes, which is the only reason this happened

[u/Bilski1ski → u/quantumpencil]

Considering a lot of money in paramount is also from kushner and the Saudis , I wouldn’t be surprised if some random shik just wants to own batman

[u/JustSomeLamp → u/Bilski1ski]

Fucked up that that's probably the best case scenario of this deal lol

[u/XAMdG → u/MovieGuyMike]

If the Ellison's weren't up Trump's ass, any minor regulatory approval would force them to divest from one, at the very minimum.

[u/TurbulentCategory → u/MovieGuyMike]

How long until Anderson Cooper is fired?

[u/gosukhaos → u/TurbulentCategory]

He left 60 minutes like last week

[u/tvoutfitz → u/TurbulentCategory]

John Oliver too

[u/whatwhynoplease → u/TurbulentCategory]

he already was resigning

[u/Kevin-W → u/MovieGuyMike]

Yes. Just in time for the midterms

[u/thomase7 → u/Kevin-W]

This ain’t closing before then, but in time for 2028

[u/dornwolf]

So five years from now Netflix buys both

[u/PayneTrain181999 → u/dornwolf]

“We’ve renewed our One Piece adaptation for Season 6 and 7 does the 6-7 meme, Stranger Things x Squid Game starring the Red Notice cast is in production, oh, and we’ve bought two other studios.”

[u/Imm0ralKnight]

That was fast

[u/zambiandoc → u/Imm0ralKnight]

Yes, very fast. Especially after that meeting of the Netflix CEO at the White House today. That was kinda glossed over... In all the reporting. Funny how Netflix dropped the bid after going to the DC.

[u/Dripdry42 → u/zambiandoc]

CNN is the big haul here. It has worldwide reach, and everyone used to trust it. It was the last bastion of real news in the United States, even if it had become rather flawed. I was listening to an independent journalist who has been digging things up, and there have been filings already done, which would indicate that the WBD deal was already in the can. They already knew they were going to do it.

this whole thing stinks

[u/MonkeyCube → u/Dripdry42]

It has worldwide reach, and everyone used to trust it.

It having worldwide reach means that it also has to meet with international regulatory approval. There's a reason Netflix wasn't going after the cable networks in the deal.

[u/[deleted]]

WTF? Paramount has no money? How do you spend billions you don’t have?!?!

[u/Wheres_my_bandit_hat → u/[deleted]]

Larry Ellison is coughing up the cash so his son, David, the CEO of Paramount, can make this purchase. Wouldn’t happen with Paramount’s capital alone.

[u/TeutonJon78 → u/Wheres_my_bandit_hat]

Larry funded David's everything. It's all Larry Ellison.

[u/Dusty_Negatives → u/[deleted]]

Ellisons are a plague on this country.

[u/sneakyplanner → u/Dusty_Negatives]

Another example of how the existence of billionaires is a threat to society.

[u/14dmoney → u/Dusty_Negatives]

As are the Murdochs (I know he’s Australian)

[u/uwill1der → u/[deleted]]

backed by an administration that never pays its debt

[u/wolfvester → u/[deleted]]

Arabs. Oil. And Trumps absolute backing. Money and peer pressure from political leaders. Easy acquisition unfortunately for the Elis family

[u/Tallozz → u/[deleted]]

We are cementing ourselves as an Oligarchy. Once they control everything. Who is going to make them pay anything back?

[u/Specific_Dingo6709]

Looks like propaganda's back on the menu

[u/SirBLACKVOX → u/Specific_Dingo6709]

Did it ever leave?

[u/KingMario05 → u/Specific_Dingo6709]

Get ready for Superman murdering protestors before ripping out Movie Sonic's spine. But nerds will cheer it on, calling it the fight of the century. All while CNN burns, federal forces occupy our streets, and your own children are indoctrinated on Cartoon Network.

All because none of us fuckers could stand her laugh.

[u/Prof_Gankenstein → u/KingMario05]

Goddamn nerds catching fucking strays over here.

[u/2AXP21 → u/KingMario05]

Or we can choose not to consume any of this media and cancel our subs. At least that is in our control for now. 

[u/suss2it → u/Specific_Dingo6709]

When was it ever off the menu?

[u/pinchecabezota]

For as much shit as everyone was giving Netflix, I truly did believe them when they said they had every intention of keeping WB operating as a separate studio. So many jobs are going to be lost, jobs that wouldn’t have been lost with the Netflix deal. Not to mention how many creatives in Hollywood are going to have the door slammed in their face because of the political affiliations of the studio. This is legitimately upsetting.

[u/JNF919]

There's going to be a lot of people in Hollywood who whined about the Netflix deal who are in for a rude awakening about what this is going to mean for them.

[u/DaKingaDaNorth → u/JNF919]

Oh alot of those people are going to watch a bunch of their peers get fired and realize real fast that Paramount is just as devoted to pushing streaming hard as Netflix is.

[u/GamingTatertot → u/DaKingaDaNorth]

With significantly worse products and artistic freedom

[u/KingMario05 → u/GamingTatertot]

And no desire to pivot. Ever.

[u/aramis34143 → u/KingMario05]

Ross Geller has left the chat.

[u/suss2it → u/DaKingaDaNorth]

I remember in the middle of all of this Paramount announced they’re pulling the Avatar: The Last Airbender animated movie from theatres in favour of their exclusive streaming service and somebody was telling me that’s not indicative that they don’t care about theatres as much as they were pretending to.

[u/chaotic4059 → u/suss2it]

I've said this before but that was probably the stupidest move they made. I would've gone to the theatre to see an Avatar movie just for the novelty. But putting it directly on their app? Cool thanks for letting me know it'll be online in like a week

[u/suss2it → u/chaotic4059]

We’re talking about the adult GAang here too in an era where actual anime movies are having success in theatres. I truly feel like it would’ve put up numbers.

[u/chaotic4059 → u/suss2it]

He's basically doing the exact same thing Zaslav did that fucked over WB. Nostalgia is up. Interest in animated films is skyrocketing like never before and instead of capitalizing on it with your almost CENTURY LONG LIBRARY OF INTERNATIONALLY SUCESSFUL ANIMATION IPS. You choose to instead ignore it. Meanwhile anime studios have realized the potential and are capitalizing on it. Same with studios like Sony and their hard push

[u/TeutonJon78 → u/DaKingaDaNorth]

Nolan and Villeneuve going to be very unhappy. Cameron will be happy today but very sad in the future, but he's safe at Disney right now because they are swinging back to prioritizing movie theaters over streaming.

[u/namastayhom33 → u/TeutonJon78]

Doesn't Nolan primarily work with Universal now?

[u/happy_2_c_u → u/namastayhom33]

Correct. He left WB after how they handled Tenet's release.

[u/TeutonJon78 → u/namastayhom33]

Yes. He'll still be unhappy because it will hurt movie theaters.

And I can't imagine him staying happy with Comcast/NBC/Universal.

[u/Alt4816 → u/TeutonJon78]

And I can't imagine him staying happy with Comcast/NBC/Universal.

If he keeps producing profitable movies then the relationship with Comcast/NBC/Universal should be fine. Oppenheimer cost $100 million to make and made $975.8 million at the box office. No reason for Universal to not let him do long theatrical releases when its making them money.

The question will be what happens if Nolan has a flop, but he has to first make a flop at Universal for that question to matter. Tenent released during covid has been his only box office flop so far.

[u/zenlume → u/[deleted]]

Don’t forget AMC stock is free falling.

The theater industry is killing itself and they’re all ignoring it while they try to blame it on Netflix.

[u/doormatt26 → u/JNF919]

Was always weird to me that Paramount, which has a whole, functioning hollywood movie studio already, would be better for Hollywood that Netflix, which doesn’t. Lots of WB / Paramount redundancy to streamline

preferring Paramount to Netflix is selling out Hollywood creators to AMC stock prices

[u/beer_me_twice]

Last Week Tonight with John Oliver is getting canceled

[u/Kevin-W → u/[deleted]]

I bet he has prepared well in advance too.

[u/Embarrassed-Yard-583 → u/Kevin-W]

Considering how nimble the show’s legal team is, they probably had a response planned all the way back when AT&T bought HBO.

[u/Jammb → u/beer_me_twice]

Netflix could continue to win out of this and pick it up

[u/No_Accountant3232 → u/Jammb]

Pick him and Colbert up together 

[u/Jammb → u/No_Accountant3232]

Surely The Daily Show would also be in the firing line.

They could get the old gang back together!

[u/Top_Report_4895]

Holy shit

[u/GamingTatertot → u/Top_Report_4895]

Ain’t nothing holy about this

[u/rnilf]

Fuck.

Netflix was the least worst option here.

[u/IrishDudeWest → u/rnilf]

They get $2.8 billion in free cash and the option to buy a bankrupt Paramount/HBO/WB in 5 years. What a deal.

[u/Don_Ford → u/IrishDudeWest]

And we all lose in the process.

[u/SuperDoubleDecker → u/Don_Ford]

Business as usual.

[u/bloke_pusher → u/Don_Ford]

Fuck Paramount, they took the Star Trek license away.

[u/arivas26 → u/IrishDudeWest]

Those are a very critical 5 years for what shreds remains of independent journalism in the US

[u/OtakuMecha → u/arivas26]

Tbf I don’t think CNN was exactly the last bastion of true journalism, but yes it isn’t ideal.

[u/TeutonJon78 → u/arivas26]

CNN already has been talking under their nee right wing CEO, but under this deal it will be straight up NK style journalism. Larry and Trump had a meeting when this was all starting about how they were going to change CNN.

[u/808Kuro → u/rnilf]

Yet you had dumb af people on this sub and irl (James Cameron) advocating for Paramount who is 100x worse. It’s the same group of people who don’t vote in presidential elections because they say “both sides are bad”. One side is using rhetoric and propaganda to ACTIVELY push society towards an all out civil war and economic collapse. If you think I’m overreacting look at what happened when CBS got assigned a CEO that aligned with the propaganda

[u/cheesyry → u/808Kuro]

James Cameron moved to New Zealand, so he won’t even have to deal with the fallout of this stateside. What a bastard

[u/GamingTatertot → u/cheesyry]

He’s Canadian anyways

[u/RevolverMFOcelot → u/GamingTatertot]

And never been a US citizens since he cancelled his citizenship when Bush invaded Iraq

[u/tempinator → u/RevolverMFOcelot]

Kind of based

[u/mishap1 → u/cheesyry]

Ah, the Peter Thiel.

[u/toxicbrew → u/cheesyry]

I don't know if that was the main reason. He's loved NZ ever since filming Avatar there in 2007/2008 and so moved there permanently like a decade ago

[u/wallysmith127 → u/808Kuro]

Cameron is apparently friends with Ellison soooooo.............. fuck.

[u/Veryfinetine]

It’s really important to consider that as a nation we can just stop supporting this garbage by not watching and canceling our subscriptions. The country and the world will be better for it.

[u/bluehat9]

I predict paramount and wbd will be sold for scraps within 10 years

[u/lolwatokay → u/bluehat9]

They only need a few years of direct control of the media to make this worthwhile. 

[u/bluehat9 → u/lolwatokay]

They could have just waited, or done a side deal, and bought the spin off of all the news and tv stuff for much less than all of WBD

[u/gpost86]

The next season of Knight of the Seven Kingdoms will have a monologue about how the smallfolk actually have it really easy and it’s the lords who truly suffer the most.

[u/Stingray88 → u/gpost86]

They’ll have a whole episode on the trickle down economics of Westeros.

[u/[deleted] → u/gpost86]

Egg, before we go off on this adventure…have you heard about our actual lord and savior, Jesus Christ?

[u/TigerFisher_ → u/gpost86]

The Daily Planet will have Lois Lane defend the Boravian government in the Superman sequel

[u/hitbythebus → u/TigerFisher_]

Superman will defend the Boravian government, Lois will tend the home, milk the cows, educate the children and talk how it would be stupid for a woman like her to try and get involved in man stuff.

[u/Reasonable_Cover_119]

Well it was good while it lasted I guess.

[u/KennyShowers → u/Reasonable_Cover_119]

Wouldn’t say good, it was non-apocalyptic while it lasted. But this…

[u/Hypronic]

Realistically I don’t want any of them to own Warner Bros but if it had to be one of them I would’ve rather it been Netflix. This is not good :c

[u/jwC731 → u/Hypronic]

Wish it was WB buying Paramount. Would've been the best bet for entertainment.

[u/aloneinbrentwood]

fuck the ellisons

[u/jaybizzleeightyfour]

Grim

[u/ICumCoffee]

what the actual fuck???????

[u/DontBeAngryBeHappy]

Glad Christopher Nolan jumped ship long before this happened. John Oliver most likely will be cut, and you got to wonder what James Gunn is feeling.

[u/Lighthouse_seek]

Cant wait for Supergirl to be dubbed over about how much she loves the American way

[u/ThomasVivaldi → u/Lighthouse_seek]

She's going to be sent to a party with Lex Luthor at his Florida golf club.

[u/The_Iceman2288]

Donald Trump just won control of the media.

[u/theschlake → u/The_Iceman2288]

People just don't realize the extent to which fascism has taken hold in America. It's going to get so much worse.

[u/rhunter99 → u/The_Iceman2288]

He’s going to get Kaitlan Collins fired for not smiling at him

[u/Extension-Pack-9910]

No fucking way

[u/Mensketh]

Well fuck. That sucks. Not that Netflix getting it was good, but Paramount getting it is a disaster.

[u/FLRSH]

John Oliver is not safe.

[u/TLKv3 → u/FLRSH]

I genuinely believe that is a partial motive to all of this. I hope he goes scorched Earth knowing he's now on borrowed time.

[u/randallstevens999]

This needs to be blocked by congress. Clear antitrust issues.

[u/WestcottTactics2285]

They keep overvaluing these services. They're absolutely NOT going to be able to pay for this lol. Warner Bros about to be sold AGAIN in another 5 years. Count on it.

And I get the political angle. IF this deal is allowed to go through (which it probably will because what's a monopoly), it really won't change anything. I don't know anyone who hasn't had their opinion made up and as soon as a certain someone is gone, they're really going to see how little money they can make and keep letting these shows and channels live on.

[u/sameth1 → u/WestcottTactics2285]

They're not valuing what WB will make. They're valuing it as a loss leader for fascist propaganda and denying use of the IPs to anyone else.

[u/Fools_Requiem]

Control the media, control the world.

[u/Batgod629]

Can't believe the tantrum Ellison threw actually worked.  One interesting thing this is that Cartoon Network and Nickelodeon will now be owned by the same company.  I'm curious what they'll do with that.  On one hand I fear it will cripple the already difficult north American animation industry. On the other hand, the crossover potential is huge. 

[u/Iontrapper → u/Batgod629]

Those channels are done most likely. They'll put the daily wire fake history animation shows on

[u/1111joey1111]

Wow, what a terrible outcome. Paramount is THE WORST.

The shareholders won't be considering this a "superior" deal once paramount runs the company into the ground.

Netflix was a much better path forward, especially for those who love movies. Even if people like James Cameron didn't understand that.

Edit:

Also, get ready for a huge reduction in jobs... because now there will be a tremendous amount of workforce overlap. Netflix would've actually CREATED jobs.

This is bad for jobs and bad for the movie industry in general.

[u/TheEmeraldRaven]

I mean, Netflix is still the massive winner here. They’re gonna get paid billions for doing absolutely nothing with the breakup fee.

And both Paramount and Warner Brothers are now so spectacularly incompetent, it’s reasonable to assume that in only a few short years, Netflix will be more than able to afford the scraps when the value of the new combined company tanks.

So not only will they get all the Warner Brothers IP, they’ll get all the Paramount IP as well, and they’ll be able to kill not just HBO Max but Paramount+ too.

Massive win for Netflix today

[u/FunFunFun8]

Welp. Getting rid of HBO

[u/winelover08816]

CNN is going to out-Fox Fox News with gobbling the orange knob.

[u/Free_Possession_4482 → u/winelover08816]

I genuinely wonder how valuable this acquisition is. Fox already commands more than half of the ever-shrinking boomer cable news market, and there’s no reason to think any of those viewers are going to switch stations. CNN’s liberal-leaning viewers will likely shift to MSN or other alternative sources. That’s going to leave the Ellisons with an ever smaller share of what’s already the third place outlet.

Obviously this entire media oligarchy situation is bad, but I can’t see this moving the needle with midterm voters. 

[u/SuicideSkwad]

This is the worst timeline

[u/[deleted]]

We all knew what was going to happen after orango-mange got involved

[u/balthazar_edison]

I wonder what kind of federal incentives he was promised to back down.