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    Paramount launches hostile bid for Warner Bros

    (www.cnbc.com)
    366 points gniting | 13 comments | 08 Dec 25 14:16 UTC | HN request time: 0.019s | source | bottom

    Previously: Netflix to Acquire Warner Bros - https://news.ycombinator.com/item?id=46160315 (1333 comments)
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    indigodaddy ◴[08 Dec 25 15:17 UTC] No.46193176[source]▶
    Does WB have to pay the breakup fee to Netflix if a Paramount hostile takeover succeeds?
    replies(6): >>46193410 #>>46193460 #>>46193494 #>>46193833 #>>46194214 #>>46194238 #
    raw_anon_1111 ◴[08 Dec 25 16:27 UTC] No.46194238[source]▶
    This has nothing to do with the Netflix bid.

    Warner bros is being divided into the cable TV stations + discover channel stations and the movie studio and the backlog is separate.

    Netflix wants the movie studio + tv back catalog

    replies(5): >>46194611 #>>46195592 #>>46196626 #>>46196672 #>>46198269 #
    indigodaddy ◴[08 Dec 25 16:54 UTC] No.46194611[source]▶
    The article bullet point referencing WB Discovery could mislead some into thinking that this takeover is only for the Discovery portion, but that's not the case. $30 would not be for Discovery only (as Netflix's bid is $27.75), it's for the whole kit and caboodle. Yes there are two entities, but/and Paramount wants it all, and the takeover intent is for both.
    replies(1): >>46197807 #
    kenjackson ◴[08 Dec 25 21:21 UTC] No.46197807[source]▶
    I've heard that what Kushner wants is CNN. If they could make CBS+CNN lean conservative like Fox, they pull off a potential to swing the country via news media.
    replies(1): >>46198155 #
    1. KumaBear ◴[08 Dec 25 21:51 UTC] No.46198155[source]▶
    That's a shitty gamble when online media is where it is at now a days. These big media networks are dinosaurs hanging on by a thread.
    replies(5): >>46198429 #>>46198552 #>>46198616 #>>46198795 #>>46199106 #
    2. kenjackson ◴[08 Dec 25 22:21 UTC] No.46198429[source]▶
    It might be. But if you're doing a short-term political power play (rather than a business investment), it could be a good tactical spend. And it might be a smart business investment if the political power play works in such way that you can politically bend the business environment in your favor.
    replies(1): >>46198939 #
    3. whycome ◴[08 Dec 25 22:32 UTC] No.46198552[source]▶
    2028 is closer than you think. Dinosaur media still connect with dinosaur-voting audiences.
    replies(1): >>46202217 #
    4. Hikikomori ◴[08 Dec 25 22:38 UTC] No.46198616[source]▶
    Online media where they have x and Facebook already?
    5. mywittyname ◴[08 Dec 25 22:54 UTC] No.46198795[source]▶
    The people who vote are the people also glued to 24hr news.

    Plus, they already own all of the online media. The important bits, anyway.

    6. actionfromafar ◴[08 Dec 25 23:07 UTC] No.46198939[source]▶
    And a cheap spend if you can scrounge the money in some roundabout way from Uncle Sam.
    7. TheCraiggers ◴[08 Dec 25 23:26 UTC] No.46199106[source]▶
    I think that's over-simplifying it. Some YouTube personality (or whatever we want to call 'online media' that isn't just CNN's website) isn't going to be getting a Whitehouse press pass anytime soon.
    replies(4): >>46199452 #>>46199900 #>>46200102 #>>46204136 #
    8. BryantD ◴[08 Dec 25 23:58 UTC] No.46199452[source]▶
    Oh, they absolutely are. As Leavitt promised at her first briefing, it’s been opened to: "independent journalists, podcasters, social media influencers, and content creators."
    replies(1): >>46199764 #
    9. KerrAvon ◴[09 Dec 25 00:30 UTC] No.46199764{3}[source]▶
    Yes, all of them right-wing chuds.
    10. jpadkins ◴[09 Dec 25 00:47 UTC] No.46199900[source]▶
    A lot of YouTube political influencers have more viewers than CNN.
    11. raw_anon_1111 ◴[09 Dec 25 01:12 UTC] No.46200102[source]▶
    You haven’t read about what’s going on at the Pentagon wanted the press to sign a release saying only approved content could be published? It was so onerous that even Fox News refused to sign. Now the press Corp is basically a bunch of right wing influencers.

    https://www.npr.org/2025/12/03/nx-s1-5630076/the-press-corps...

    Just in case you think this is just another liberal hit piece, let me repeat that Fox News refused to sign the agreement.

    12. brookst ◴[09 Dec 25 07:27 UTC] No.46202217[source]▶
    And none of this is serious money to the Saudis and MAGA billionaires. If controlling this media ekes out a couple of percent in the midterms, it’s money well spent. A few tens of billions against consolidating power and bigger grifts? High ROI investment.
    13. gcanyon ◴[09 Dec 25 12:20 UTC] No.46204136[source]▶
    There is a My Pillow network, and their person is in the Pentagon press pool.

    https://lindelltv.com/lindelltv-press-corps/