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Paramount launches hostile bid for Warner Bros

(www.cnbc.com)
366 points gniting | 3 comments | 08 Dec 25 14:16 UTC | HN request time: 0.001s | 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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JumpCrisscross ◴[08 Dec 25 15:38 UTC] No.46193494[source]▶
It looks like it. $2.8bn by Warner Brothers to Netflix [1].

If the vote looks close, Paramount would be expected to raise their bid to cover that cost.

[1] https://www.sec.gov/Archives/edgar/data/1065280/000119312525... 8.3(a)

replies(1): >>46198659 #
dabockster ◴[08 Dec 25 22:42 UTC] No.46198659[source]▶
The failed merger and similar clawback clause between Kroger and Albertsons is currently destroying a significant part of the supply chain for food in the Pacific Northwest. Grocery stores that have been open for 50-75 years - stores where whole neighborhoods and towns were built around - are closing forever, leaving those areas as food deserts.

Either way, this entertainment merger is going to get ugly. Consumers are absolutely going to get harmed either way with that clawback clause.

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hopelite ◴[08 Dec 25 22:55 UTC] No.46198814[source]▶
I’m not sure it’s a fair comparison, groceries that sell food on one hand and a brainwashing and propaganda delivery system (see History of criminal, industry/advertiser, FBI, CIA, Pentagon, and foreign nation direct ties to the industry) masquerading as “entertainment” on the other.

You don’t have to be “harmed”, just do not pay them your money. Problem solved. If the prospect of not being “entertained” fills you with anxiety and frustration, maybe that’s something to reflect on.

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1. cwillu ◴[08 Dec 25 23:01 UTC] No.46198873[source]▶
The machine works in the aggregate, and so does the harm. Lets not pretend that all will be well if I just avoid the propoganda myself.
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2. hopelite ◴[08 Dec 25 23:50 UTC] No.46199373[source]▶
That makes no logical sense. So if I give up my “entertainment” subscriptions because the execs need their bonuses and drive the prices up to compensate for the penalty, causing me to think about how to spend quality time with my family paying games, reading books, and doing activities; is equally harmful as if I can’t but groceries in my town because the grocery store was closed?
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3. cwillu ◴[09 Dec 25 00:32 UTC] No.46199776[source]▶
I most certainly did not imply that cancelling subscriptions is harmful; I think you read something I did not write.