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Report: Skydance laying off game workers one month after buying Warner Bros for $110 billion (www.verticalslice.news)

submitted 5 days ago by flamingos@feddit.uk to c/games@sh.itjust.works

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It has only been four weeks since Paramount Skydance completed its (rather contentious) $110 billion acquisition of Warner Bros Discovery to become Skydance Corporation, but the entertainment colossus is already laying off workers within its video game division.

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[–] KainePrkr@lemmy.world 11 points 5 days ago

I've seen someone call the Skydance deal "adding extra steps to Netflix deal".

Because Skydance got Warner overpriced and getting in debt with investment funds, so as soon as they have issues to pay, they will butcher parts of the company to sell them.

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