I’m not so sure. I think maybe Kushner pulled out to try to make the deal more acceptable to the WBD board.
The current Paramount offer is not good enough to beat out Netflix, which, even though has a smaller sticker price is all cash on the barrel head. The Paramount offer is stock, swaps and smoke and mirrors, and is not guaranteed by the deep pockets of Larry Ellison, but instead by the murky purses of the Saudi sovereign wealth fund. If Paramount is serious, they will come back with a bigger and more straightforward offer, and Ellis will put more of his own cash behind it. Sent from Gmail Mobile On Wed, 17 Dec 2025 at 10:11 AM M-D November <[email protected]> wrote: > I'm guessing this has something to do with the board's decision: > > https://apnews.com/article/jared-kushner-paramount-warner-bros-netflix-56886b231c132f6eb7d8990f0ede3e32 > On Wednesday, December 17, 2025 at 8:15:47 AM UTC-5 PGage wrote: > >> “The board at Warner Bros. Discovery Inc. said early on Wednesday that >> its members had unanimously recommended that shareholders reject Paramount >> Skydance’s bid >> <https://abcnews.go.com/Business/paramount-launches-hostile-bid-warner-bros-discovery/story?id=128207805> >> for >> the company in favor of Netflix’s earlier bid. >> >> "Following a careful evaluation of Paramount's recently launched tender >> offer, the Board concluded that the offer's value is inadequate, with >> significant risks and costs imposed on our shareholders," Samuel A. Di >> Piazza, Jr., board chair, said in a statement.” >> https://abcnews.link/jVMs1zm >> >> >> Sent from Gmail Mobile >> >> >> On Tue, 9 Dec 2025 at 5:27 PM Kevin M. <[email protected]> wrote: >> > In my imaginary world where people behave in a more socially conscious >>> way, Warners would gladly sell itself for less money to a group of industry >>> professionals who are more interested in maintaining the studio than >>> holding a liquidation sale. >>> >>> My suggestion was more of a rhetorical exercise. Ultimately, a poorly >>> run company will buy it and absorb its assets. Maybe Netflix, maybe >>> Paramount. If not them, then Disney… or Coca Cola. >>> >>> Kevin M. (RPCV) >>> >>> >>> On Tue, Dec 9, 2025 at 5:17 PM PGage <[email protected]> wrote: >>> >>>> I know what you mean, but this is the difference between absurdly, rich >>>> individuals, and obscenely, wealthy corporations, and assholes. >>>> >>>> I see they estimate Tom Cruise’s net worth at $600 million George >>>> Clooney at $500 million, those are likely to be two of the highest net >>>> value actors could have in mind. To match the Paramount offer, The new >>>> collection of United artists you have in mind would have to come up with >>>> about $109 billion. They would need 200 actors with the net worth of George >>>> Clooney to pledge their entire net worth to buy Warner Brothers. Now I >>>> suppose for a deal like that, they wouldn’t have to put all their own cash >>>> up, But still, the idea of a collection of extremely wealthy, basically >>>> wage earners being able to match the capital investment of major >>>> corporations, or the top one percent of individuals has not really >>>> practical. Maybe more likely is George Clooney and you don’t want Tom >>>> Cruise but maybe Brad Pitt and Julia Roberts and Tom Hanks together scrape >>>> together $2 billion and are able to get Warren Buffett to front them the >>>> rest. >>>> >>>> Sent from Gmail Mobile >>>> >>>> >>>> On Tue, 9 Dec 2025 at 3:31 PM Kevin M. <[email protected]> wrote: >>>> >>>>> I know. Not an original concept.* >>>>> >>>>> * Preferably not named Cruise >>>>> >>>>> Kevin M. (RPCV) >>>>> >>>>> >>>>> On Tue, Dec 9, 2025 at 3:08 PM M-D November <[email protected]> >>>>> wrote: >>>>> >>>> So some sort of UNITED coalition of ARTISTS, then...? >>>>>> >>>>>> On Tuesday, December 9, 2025 at 5:34:25 PM UTC-5 Kevin M. wrote: >>>>>> >>>>>>> It would be interesting if a collective of artists, actors, writers, >>>>>>> producers, and directors assembled to buy the studio. Specifically, all >>>>>>> the >>>>>>> ones with more money than they could possibly spend in a lifetime who >>>>>>> have >>>>>>> vocally opposed the sale. Let them put their money where their mouth is. >>>>>>> >>>>>>> Kevin M. (RPCV) >>>>>>> >>>>>>> >>>>>>> On Tue, Dec 9, 2025 at 2:25 PM PGage <[email protected]> wrote: >>>>>>> >>>>>>>> There’s really only two options right now Netflix or Paramount, who >>>>>>>> are willing to pay this probably inflated price. But if there was >>>>>>>> robust >>>>>>>> antitrust in enforcement in both deals were squashed then there would >>>>>>>> be >>>>>>>> the option for another buyer who is really interested in the film >>>>>>>> studio to >>>>>>>> come in with a fair offer just for that property and maintain and grow >>>>>>>> that >>>>>>>> ongoing source of creativity in the film industry. >>>>>>>> >>>>>>>> Of course, more often than that we haven’t really had a robust >>>>>>>> antitrust enforcement in this country so it Has seemed inevitable for >>>>>>>> quite >>>>>>>> some time at the end of the Warner Bros. discovery story is going to be >>>>>>>> significant contraction. >>>>>>>> >>>>>>>> Sent from Gmail Mobile >>>>>>>> >>>>>>>> >>>>>>>> On Tue, 9 Dec 2025 at 2:13 PM Kevin M. <[email protected]> >>>>>>>> wrote: >>>>>>>> >>>>>>>>> Looking at this sale pragmatically, is there anybody with the >>>>>>>>> funds to buy Warners who might actually do right by the legacy name? >>>>>>>>> Anyone >>>>>>>>> rich enough to buy it is either going to merge it or sell it for >>>>>>>>> scrap. >>>>>>>>> >>>>>>>>> Kevin M. (RPCV) >>>>>>>>> >>>>>>>>> >>>>>>>>> On Tue, Dec 9, 2025 at 1:10 PM 'Bob F' via TVorNotTV < >>>>>>>>> [email protected]> wrote: >>>>>>>>> >>>>>>>>>> An unsigned letter to members of Congress from what sources tell >>>>>>>>>> V is a group including multiple Hollywood biggies portends the worst >>>>>>>>>> from >>>>>>>>>> the deal: >>>>>>>>>> >>>>>>>>>> https://variety.com/2025/film/news/anonymous-filmmakers-netflix-wbd-open-letter-congress-1236600659/ >>>>>>>>>> (link) >>>>>>>>>> B >>>>>>>>>> >>>>>>>>>> PGage, to M-D November, Dec 8th: >>>>>>>>>> >>>>>>>>>> Precisely. Elizabeth Warren, and her crowd (And me) Would be >>>>>>>>>> suspicious of both deals. Trump is only pretending to be concerned >>>>>>>>>> about >>>>>>>>>> antitrust and will only be suspicious of the Netflix deal. >>>>>>>>>> >>>>>>>>>> -- >>>>>>>>>> You received this message because you are subscribed to the >>>>>>>>>> Google Groups "TVorNotTV" group. >>>>>>>>>> To unsubscribe from this group and stop receiving emails from it, >>>>>>>>>> send an email to [email protected]. >>>>>>>>>> To view this discussion visit >>>>>>>>>> https://groups.google.com/d/msgid/tvornottv/bcbc7bb9-7607-4948-9cee-f1ce8d070356n%40googlegroups.com >>>>>>>>>> <https://groups.google.com/d/msgid/tvornottv/bcbc7bb9-7607-4948-9cee-f1ce8d070356n%40googlegroups.com?utm_medium=email&utm_source=footer> >>>>>>>>>> . >>>>>>>>>> >>>>>>>>> -- >>>>>>>>> You received this message because you are subscribed to the Google >>>>>>>>> Groups "TVorNotTV" group. >>>>>>>>> To unsubscribe from this group and stop receiving emails from it, >>>>>>>>> send an email to [email protected]. >>>>>>>>> >>>>>>>> To view this discussion visit >>>>>>>>> https://groups.google.com/d/msgid/tvornottv/CAKgmY4CjLY6Sif_RW7vpGBmdzsf5EAOGGSLZjZYgL47X07GQYg%40mail.gmail.com >>>>>>>>> <https://groups.google.com/d/msgid/tvornottv/CAKgmY4CjLY6Sif_RW7vpGBmdzsf5EAOGGSLZjZYgL47X07GQYg%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>>>>>>> . >>>>>>>>> >>>>>>>> -- >>>>>>>> You received this message because you are subscribed to the Google >>>>>>>> Groups "TVorNotTV" group. >>>>>>>> To unsubscribe from this group and stop receiving emails from it, >>>>>>>> send an email to [email protected]. >>>>>>>> >>>>>>> To view this discussion visit >>>>>>>> https://groups.google.com/d/msgid/tvornottv/CAKGtkYKOgxg4Zf-oPsfwzhsv1Mw8sgxmEMia4mibyNsHD1Vb%3Dg%40mail.gmail.com >>>>>>>> <https://groups.google.com/d/msgid/tvornottv/CAKGtkYKOgxg4Zf-oPsfwzhsv1Mw8sgxmEMia4mibyNsHD1Vb%3Dg%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>>>>>> . >>>>>>>> >>>>>>> -- >>>>>> You received this message because you are subscribed to the Google >>>>>> Groups "TVorNotTV" group. >>>>>> To unsubscribe from this group and stop receiving emails from it, >>>>>> send an email to [email protected]. >>>>>> >>>>> To view this discussion visit >>>>>> https://groups.google.com/d/msgid/tvornottv/53fc2509-a5e3-4d8c-ad8c-865cbc990522n%40googlegroups.com >>>>>> <https://groups.google.com/d/msgid/tvornottv/53fc2509-a5e3-4d8c-ad8c-865cbc990522n%40googlegroups.com?utm_medium=email&utm_source=footer> >>>>>> . >>>>>> >>>>> -- >>>>> You received this message because you are subscribed to the Google >>>>> Groups "TVorNotTV" group. >>>>> To unsubscribe from this group and stop receiving emails from it, send >>>>> an email to [email protected]. >>>>> >>>> To view this discussion visit >>>>> https://groups.google.com/d/msgid/tvornottv/CAKgmY4B6fXjTuWLRwL9pgk8Un1dE6E7QSM%3Dh5MC6eDTcuULBCg%40mail.gmail.com >>>>> <https://groups.google.com/d/msgid/tvornottv/CAKgmY4B6fXjTuWLRwL9pgk8Un1dE6E7QSM%3Dh5MC6eDTcuULBCg%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>>> . >>>>> >>>> -- >>>> You received this message because you are subscribed to the Google >>>> Groups "TVorNotTV" group. >>>> To unsubscribe from this group and stop receiving emails from it, send >>>> an email to [email protected]. >>>> >>> To view this discussion visit >>>> https://groups.google.com/d/msgid/tvornottv/CAKGtkYL0qT8TguKA5Da5SobeLYcuFiSsDMk-11LwS0s-2rxomQ%40mail.gmail.com >>>> <https://groups.google.com/d/msgid/tvornottv/CAKGtkYL0qT8TguKA5Da5SobeLYcuFiSsDMk-11LwS0s-2rxomQ%40mail.gmail.com?utm_medium=email&utm_source=footer> >>>> . >>>> >>> -- >>> You received this message because you are subscribed to the Google >>> Groups "TVorNotTV" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> >> To view this discussion visit >>> https://groups.google.com/d/msgid/tvornottv/CAKgmY4CG%2B_rz%2BD4J42RVJET9sEkbCB1perxEPM22ZruTA6xWQA%40mail.gmail.com >>> <https://groups.google.com/d/msgid/tvornottv/CAKgmY4CG%2B_rz%2BD4J42RVJET9sEkbCB1perxEPM22ZruTA6xWQA%40mail.gmail.com?utm_medium=email&utm_source=footer> >>> . >>> >> -- > You received this message because you are subscribed to the Google Groups > "TVorNotTV" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to [email protected]. > To view this discussion visit > https://groups.google.com/d/msgid/tvornottv/2d14da67-baee-4e58-9358-d59870241b0en%40googlegroups.com > <https://groups.google.com/d/msgid/tvornottv/2d14da67-baee-4e58-9358-d59870241b0en%40googlegroups.com?utm_medium=email&utm_source=footer> > . > -- You received this message because you are subscribed to the Google Groups "TVorNotTV" group. 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