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Paramount launches a hostile takeover bid for Warner Bros. Discovery (www.cnn.com)
submitted 11 months ago by to c/usa@midwest.social
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cross-posted from: https://lemmy.ml/post/40067142

...and now paramount is doing a hostile takeover bid for warner bros. discovery. i rather have netflix own it than paramount.

all corporations should be split into different smaller companies and then given to the workers who would collectivize them. seriously!

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[–] 2 points 11 months ago (2 children)

Barbarians at the gates.

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    [–] 17 points 11 months ago

    My current favorite conspiracy theory is that Paramount is doing all this in order to accelerate a contractual split in Warner. Because the sale would mean that CNN gets puts in a different basket company. That's what David Ellison actually wants to buy, and it is what neither Paramount or Netflix wants to buy. So, in theory, this is all part of Ellison's trying to get to CNN before the US 2026 electoral cycle.

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