Eh...Paramount owns things kids watch and CBS has procedural crime shows which fit with ID. Yellowstone is still big.
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Media Companies Are Ready to Sell. Does Anyone Want to Buy?
- Thread starter davideduardo
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I haven't read anything that says that. Paramount COULD sell BET for slightly less money. It chooses not to. But it's available to anyone who pays the price. On the Warner side, obviously there will have to be asset sales. So far they haven't said what. Neither side is saying cable channels are the future.
But that's not usually the case. Huge companies like Heinz, Chevron, Merck, Mars, JM Smucker, T-Mobile, BAE Systems, Walmart, just to name a few common brands; have gone through multi-billion dollar mergers that increased their value much more than standing pat.
And, eliminating or combining double back-office functions including departments like Marketing, Sales, Distribution, and Accounting, (AP and AR) not to mention shrinking overall corporate ranks.
FYI.
variety.com
Byron Allen Offers to Buy BET From Paramount Global for $3.5 Billion
Byron Allen renewed his bid to acquire BET Media Group from Paramount Global -- extending a $3.5 billion offer.
variety.com
Always a bridesmaid, but never the bride.FYI.
Byron Allen Offers to Buy BET From Paramount Global for $3.5 Billion
Byron Allen renewed his bid to acquire BET Media Group from Paramount Global -- extending a $3.5 billion offer.
They still are wanted though. Do not know your animosity towards them. Are you a former employee?
Byron has a long track record of vowing to buy things and it never materializes. At this point he should be called out until he actually buys something.
Any discourse about Warner Bros. Discovery is radioactive. The company is wholly toxic and poorly run and I get to see other internet communities cast Zaslav as an evil mastermind with supervillain powers. Plus I have a friend who is frequently traumatized about all this and I have to be by her side. So of course this is personal.
Evil mastermind? Super powers? Friend traumatized? By what? Corporate America? Did Zaslav fire her? Refuse to hire her? Does she even KNOW Zaslav? This is getting creepier by the post.
I'm standing by what I said.
With all due respect, the way people on here are cheerleading a bad merger like this and failing to provide a coherent reason why it should even happen—aside from possibly improving their stock investments in both companies—regardless of how doomed it is and regardless of the human cost, is itself incredibly creepy and off-putting.
One could also say you're allowing your personal emotions interfere with what should be a business decision.
Nobody's "cheerleading a bad merger" since no actual merger has actually been proposed.
It's a bad idea regardless of how Warner Bros. Discovery is run. This type of hyperconsolidation has no actual benefits for anyone. Full stop.
And probably won't even happen anyway given how Wall Street has been shockingly cool to such an idea and no one can give a reason, either on here or in the trades, as to why it should happen aside from "because they can", which I regret to inform you is not a valid reason.
Then again, I don't own stock in these companies and thus I don't have an incentive for this to goes through.
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Hmmm....this sounds familiar....I've heard this before....
OMG YOUGUYSYOUGUYSYOUGYUYS!!!!!!!!!!!!!!!!!!!!!!! David Zaslav doesn't just own Lex Luthor's IP, he IS Lex Luthor!
I do not find this the least bit funny and am actually very offended. You don't know what I have to deal with.
Yes, but it seems as though you have something personal in the stake instead of a "third party observation."
I do, and I'm not either. Once again, you're letting your emotions cloud your judgement.
Read my posts 351 and 358 before you start telling me what I think.
Is Paramount the love of your life?
Nathan.
Nobody's cheerleading. We're discussing. My God, BigA is not happy about what this is doing to his share price today---and he's been very vocal with his displeasure and his doubts the past couple of months when I've brought up rumblings regarding WBD as possibly expanding its holdings---first with ABC, and now with Paramount.
The job of providing a coherent reason rests with the parties themselves. And you've said today that they haven't made their case---well, of course not. One day after a PRELIMINARY conversation about possible synergies?
And, I hate to break it to you---but that 3% stock price dip that you were saying doomed the deal before it even started? IF this deal could improve the stock price and the execs could make the case, those shareholders would be totally on board.
Paramount is in play. That's news and worthy of discussion here. WBD is at minimum interested enough to have lunch and kick the tires. Again, worthy of discussion. Maybe it doesn't happen. Maybe it does.
The way people are cheerleading this deal signifies a lot more than being third party.
How you do expect me to answer a question like that.
I'm done.
To bulk up their streaming library. Spongebob itself would draw in kids.
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