Ain’t no party like a monopoly party, ‘cause a monopoly party only has one
attendee.

Kevin M. (RPCV)


On Mon, Dec 8, 2025 at 6:39 AM PGage <[email protected]> wrote:

> The other shoe drops…
>
> “Paramount on Monday mounted a hostile takeover bid for Warner Bros.
> Discovery, a brazen attempt to secure a Hollywood prize snatched away by
> Netflix last week.
>
> Netflix announced an $83 billion deal to buy a big part of Warner Bros.
> Discovery on Friday, in an agreement approved by the boards of both
> companies. In a news release on Monday, Paramount went around the Warner
> Bros. Discovery board and straight to shareholders with what it called a
> superior offer.
>
> Paramount said it would pay $30 per share in cash, valuing the company at
> around $108 billion, including debt. It said it was going to shareholders
> because the board of Warner Bros. Discovery is “pursuing an inferior
> proposal” that would lead to “a challenging regulatory approval process.”
>
> Paramount has offered to buy all of Warner Bros. Discovery, including the
> Warner Bros. movie studio, the HBO Max streaming service and a portfolio of
> cable channels including CNN. The cable channels are not part of the
> Netflix deal….
>
>
> A key part of assessment will be whether shareholders expect that
> regulatory authorities will approve the transaction. The deal between
> Netflix and Warner Bros. Discovery would include Warner Bros. movie studio
> and HBO Max, enhancing Netflix’s market power in streaming even more. At
> the Kennedy Center Honors on Sunday, President Trump praised Ted Sarandos,
> Netflix’s co-chief executive, but noted that the company had a “very big
> market share,” adding that he would be “involved” in the regulatory review.”
>
>
> https://www.nytimes.com/2025/12/08/business/paramount-warner-bros-discovery-netflix.html?smid=nytcore-ios-share
>
>
>
> Sent from Gmail Mobile
>
>
> On Sun, 7 Dec 2025 at 6:25 PM 'Bob F' via TVorNotTV <
> [email protected]> wrote:
>
>> On the Kennedy Center Honors red carpet, Diaper Man-in-Chief didn't seem
>> too amused with the proposal, saying he'd talked with Sarandos about it and
>> given the potential market share, "it could be a problem." (And no, CBS
>> isn't doing the festivities live.)
>>
>> https://variety.com/2025/tv/news/trump-netflix-warner-bros-deal-market-share-could-problem-1236602926/
>>  (link)
>> B
>>
>> PGage, to moi, Dec 5th:
>>
>> I had bet my imaginary chips on Paramount getting WBD with all of its
>> Trump butt licking, and as Matt Belloni at Puck News points out this
>> morning, that outcome is still possible. The deal includes a $2.8 billion
>> payout to Netflix if Warner Bros. Discovery sells to someone else. But if
>> the Ellisons decide they want it badly enough, they have the resources to
>> outbid Netflix with an offer around $80 billion — with the $2.8 billion
>> penalty just the cost of doing business.
>>
>> Belloni also notes that the Trump butt licking could still pay off for
>> Paramount if regulators suddenly sprout antitrust wings and block the deal.
>> Already, Trumpy Senator Mike Lee, who chairs the relevant committee, has
>> expressed grave concerns — putting him in bed with the likes of Elizabeth
>> Warren.
>>
>> Hollywood’s creative community is freaking out at the loss of a
>> traditional, theatrical‑minded studio. But as others have pointed out, no
>> matter who bought WBD, contraction in the theatrical business was
>> inevitable. Paramount wasn’t going to run two parallel studios; at best,
>> output might have ticked up slightly, but job losses and content cuts were
>> always baked in from the moment of the Warner Bros. Discovery merger.
>> Zaslav’s mandate was simply to reduce debt enough to make the company
>> sellable — and he’s done just that.
>>
>> As Belloni wrote:
>>
>> “And once again, a remarkable turn of events for Zaz, who in more than
>> three years, managed Warner Discovery from $24 a share down to around $7 or
>> $8, only to be rescued by this sale [with a share price of about $27.75].
>> The guy destroyed so much value and so many jobs to save his flailing
>> Discovery Communications, all while keeping his eye on his own outsize
>> compensation, and he’ll probably end up with well over $100 million in
>> additional winnings and either a cushy role at the new company or a spot on
>> the Netflix board. Kinda unbelievable.”
>>
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>>
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