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Paramount launches hostile bid for Warner Bros

(www.cnbc.com)
366 points gniting | 2 comments | 08 Dec 25 14:16 UTC | HN request time: 0.504s | source

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?
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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

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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.
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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.
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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.
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1. whycome ◴[08 Dec 25 22:32 UTC] No.46198552[source]▶
2028 is closer than you think. Dinosaur media still connect with dinosaur-voting audiences.
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2. 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.