• Get involved.
    We want your input!
    Apply for Membership and join the conversations about everything related to broadcasting.

    After we receive your registration, a moderator will review it. After your registration is approved, you will be permitted to post.
    If you use a disposable or false email address, your registration will be rejected.

    After your membership is approved, please take a minute to tell us a little bit about yourself.
    https://www.radiodiscussions.com/forums/introduce-yourself.1088/

    Thanks in advance and have fun!
    RadioDiscussions Administrators

WBD-Paramount Merger?

L

lukesams

Warner Bros. Discovery and Paramount Global are having discussions for a possible merger. Will this create a mega-company or will this be a recipe for disaster?

cordcuttersnews.com

Warner Bros. Discovery & Paramount Are in Talks to Merge | Cord Cutters News

For some time now, there have been talk that Paramount has been looking for other merger or sale options. Now, it is being reported that Paramount is in talks with Warner Bros Discovery for a possible merger. According to Axios, Warner Bros. Discovery CEO David Zaslav met with Paramount Global...
cordcuttersnews.com cordcuttersnews.com
 
lukesams said:
Warner Bros. Discovery and Paramount Global are having discussions for a possible merger. Will this create a mega-company or will this be a recipe for disaster?

cordcuttersnews.com

Warner Bros. Discovery & Paramount Are in Talks to Merge | Cord Cutters News

For some time now, there have been talk that Paramount has been looking for other merger or sale options. Now, it is being reported that Paramount is in talks with Warner Bros Discovery for a possible merger. According to Axios, Warner Bros. Discovery CEO David Zaslav met with Paramount Global...
cordcuttersnews.com cordcuttersnews.com
Click to expand...
congress will absolutely NOT let this happen
 
The problem for WBD and Paramount is the debt from mergers in the last 5 years. WBD has $45 billion and Paramount has $13 billion in debt.

It's hard to merge your way out of a debt problem.
 
So a shameful anti-creator company that is already drowning in debt, largely responsible for crippling labor stoppages with their CEO's anti-union rhetoric, and permanently icing studio output from their dying motion picture studio... wants to buy another studio conglomerate and thinks they'll just get their way because they possess magic wands or something.

Wall Street Brain Rot is real.
 
Nathan Obral said:
So a shameful anti-creator company that is already drowning in debt, largely responsible for crippling labor stoppages with their CEO's anti-union rhetoric, and permanently icing studio output from their dying motion picture studio... wants to buy another studio conglomerate and thinks they'll just get their way because they possess magic wands or something.

Wall Street Brain Rot is real.
Click to expand...
Not sure they will though. No other company (not even Disney) would own that many linear channels.
 
tall_guy1 said:
Not sure they will though. No other company (not even Disney) would own that many linear channels.
Click to expand...
Off the top of my head, it faces regulatory hell in the EU, the UK and Chile alone. Plus Zaslav is utterly delusional/borderline insane if he thinks the deal can get through THIS FTC and DOJ. He's that desperate to remain in power.

Shari wins either way as Paramount stock gets juiced with this merger talk.
 
TheBigA said:
How? Warner Brothers Discovery doesn't own any broadcast stations or traditional broadcast networks.
Click to expand...
Two major film studios under the same umbrella isn't anti-competitive enough? Or dozens and dozens of zombie cable channels? Or hogging up decades and decades of intellectual property that WBD is locking away for insurance payouts?

Disney-Fox (and WB-Discovery) only happened because the Trump DOJ and FTC was toothless and worthless. Those people are gone.
 
Nathan Obral said:
Two major film studios under the same umbrella isn't anti-competitive enough?
Click to expand...

It's likely that Paramount Studios won't be part of the deal. It will be sold to Skydance.

seekingalpha.com

Paramount: Possible Skydance Deal Poses More Questions Than Answers (NASDAQ:PARA)

Skydance wants to acquire Paramount Studios despite uncertain future for movie studios. But is the best offer Paramount Global will get? Click for our view of PARA.
seekingalpha.com seekingalpha.com

Skydance doesn't want broadcast. That might go to WBD.
 
TheBigA said:
It's likely that Paramount Studios won't be part of the deal. It will be sold to Skydance.
Click to expand...
So what are they getting? The cable channels? Talk about a value destructive deal if ever there was one.

They might as well sell off CBS to Nexstar and call it a day.
 
Nathan Obral said:
With THIS DOJ and FTC and FCC? That's a big fat nada.
Click to expand...

From the Hollywood Reporter:

www.hollywoodreporter.com

“For Sale” Sign on Paramount Will Shape Shari Redstone’s Legacy

As the mogul entertains offers for relinquishing control of the historic studio, some suitors seem more interested in flipping assets.
www.hollywoodreporter.com www.hollywoodreporter.com

And in the event of a breakup, WBD would surely look at CBS and its news and sports divisions, which could tuck in nicely with its existing assets (CNN and CBS News previously had merger talks back in the early 2000s), and bring the NFL and a broadcast network to the company, something it currently lacks.
Click to expand...
 
TheBigA said:
From the Hollywood Reporter:

www.hollywoodreporter.com

“For Sale” Sign on Paramount Will Shape Shari Redstone’s Legacy

As the mogul entertains offers for relinquishing control of the historic studio, some suitors seem more interested in flipping assets.
www.hollywoodreporter.com www.hollywoodreporter.com
Click to expand...
Remind me how the Standard General buyout of Tegna went... or Meredith Media General...

Just because Wall Street Brain Rot yearns for something in this present day doesn't mean it will come to pass. They don't hold a magic wand to make this disgusting wishcasting come true.
 
tall_guy1 said:
I thought they were getting all their cable channels (and streamer) as well?
Click to expand...
Who knows? Or cares? The funniest thing will be in the end that Shari doesn't agree to a deal, which would be a perfect exclamation point to this wishcasting in the trades and on Wall Street.
 
Status
This thread has been closed due to inactivity. You can create a new thread to discuss this topic.


Back
Top Bottom