Part of Paramount-Skydance Merger Battle · 4 stories · since Sep 11 · newest 3h ago
Paramount Settles State Lawsuit, Clearing $110bn Warner Bros. MergerPBS NewsHour examines the deal's impact on Hollywood
7 Sep 22 6:40 PM · 1d ago · 2 articles · 3 posts · 129 comments · 3 sources · development 7 of 7
Geoff Bennett and Status's Oliver Darcy discussed whether the settlement does enough to protect consumers and competition as the merger moves toward completion.
David Ellison CEO, Paramount Skydance
Rob Bonta California Attorney General
Gavin Newsom California GovernorTish James New York Attorney Generalmayor.nyc.gov NYC Mayor's official account
The whole story articlesvideospostscomments the bright band is this development · numbered dots are the others · click one to jump
What was reported 1 claim about this development
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first by PBS NewsHour, 1d ago · also NPR Business
1 more headline
- Will the Paramount-Warner Bros. Discovery merger be Hollywood's undoing? NPR Business · 8h ago
What people said 24 voices · best of 130 · verbatim
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Politico and many new digital media organizations are funded by Saudi Aramco too
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Sources: BofA, Citigroup, and Apollo Global Management are reaching out to investors ahead of the sale of $49B in financing backing Paramount's takeover of WBD (Claire Ruckin/Bloomberg) https://www. bloomberg.com/news/articles/20 26-09-22/paramount-s-49-billion-debt-sale-to-kick-off-after-lawsuits-end http:// mediagazer.com/260923/p4#a2609 23p4
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All the real journalists should just pack up and form a new network (arent there a number of CBS journalists doing this?)
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Newsom also doesn’t support the billionaire tax on November’s election. It should be totally obvious he’s just another wolf in sheep’s clothing.
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I doubt it, its terrible quality. Not much use to make a real film, its only good at creating deepfakes and goofy slop But it is diverting a lot of funding from real production (and is hurting the economy) so it is hurting hollywood that way
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As a lonely screenwriter in the middle of nowhere, this is bad enough; to an entire industry and the American economy, never mind free speech and creativity, this is an absolute disaster.
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My rich California governor allowed this, the same one who doesn’t want to tax the rich.
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I seen maga chuds arguing that these monopoly mergers create jobs. Lol Right wong media host tell these rubes any made up bs. Actually mergers cause job losses often.
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How come you didn’t confront Trump about Gaza
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Which made me think of this profound quote…
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This outcome of many US🇺🇸 State AGs + Governors caving to the Paramount + WB merger is devastatingly disappointing. It seems very few people actually want to save our country 🇺🇸America & preserve our democracy. Doing this BEFORE ELECTIONS is stupid & will have negative consequences against Democrats.
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The Democratic Party needs to be rebuilt. These blah blah blah politicians need to be voted out. So much talk and yet they are all owned and beholden to the billionaires. Ultimately what they do is serve their overlords and themselves. They totally lack the ability to make any significant change.
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If everyone voted democratic socialist, we could rid ourselves of the orange plague AND build something that’s actually FOR THE PEOPLE, NOT FUCKING ISRAEL. Imagine NOT voting blue no matter who like a dumbass, but actually FORCING a CHANGE and stop listening to blue maga because you’re scared.
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Explain that to trump. He doesn't want that. None of the GOP want that and a huge chunk of corporate Democrats do not want that. They prefer fascism. And the concentration camps are a horror story for all detained in them. They are developed to detain a whole lot of Americans not just migrants.
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The way to combat this now is to boycott all these media outlets. Cancel your subscriptions stop watching what these outlets produce. Watch and subscribe to PBS. Or better yet go to your local library and check out a few good books…and read them.
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They will be accountable to us once again when we regain control of OUR country. When we start shutting down those who capitulated to the regime, they will find out who they really should have been fearful of all along.
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The settlement protects Hollywood, and that's it. It still hands Ellison an almost total monopoly of our news outlets. No mention of consumer protection aside from they must continue to offer a free streaming platform.
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And if the consumer does not cooperate, then what? They're gonna force you to watch their product & networks. The consumer's wallet is still in charge. Why is everyone acting as tho that's not the fact?
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Mass layoffs, CNN in the hands of the Trump-orbit oligarchs who fired Colbert and hollowed-out CBS News. That's one of the few horrors to expect from the merger.
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“…create new monitoring of the editorial independence of the company’s news operations.” Horse shit it will.
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Absolutely right Mr. Mayor. The headline should read: Paramount threatens and bribes to get its merger.
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Newsom just proved unequivocally that the transphobe to fascist pipeline is real.
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Please take it to court again or do whatever you can to stall
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Monopolies are inherently detrimental to the public interest.
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