Johnny
@recursivefunk
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Tech · Film/TV · Vibes · Host @execruntimepod
DC-ish
Joined September 2009
#WBD's fifth largest shareholder says the #Netflix deal is “superior on deal terms” but “comparable on value,” calling on #Paramount to revise its $108.4 billion bid for the media giant. Keep up with the drama: https://t.co/SCEXDKCZMc 📸 Patrick T. Fallon / AFP via Getty Images
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Sarandos was playing on a completely different level. It’s becoming clear Paramount never stood a chance once Netflix got involved.
In a phone call hours before Netflix sealed the deal for Warner Bros. on Dec. 4, Ted Sarandos played hardball with David Zaslav: Sign a deal for Netflix to buy Warners today, or we’re pulling out of the bidding.
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Warner Bros. Discovery sent a message to Larry Ellison: If you want to buy our company, sign on the dotted line yourself. W/@laurenthomas
https://t.co/QeZM20nGRU via @WSJ
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“The CEO stands to gain $567 million if a deal is sealed to sell the WB empire…”
Warner Bros. Golden Parachutes Revealed: What David Zaslav and C-Suite Will Get In a Deal
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Regulatory Process for Netflix's Acquisition of Warner Bros. Has Begun, CEO David Zaslav Tells Staff
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Huh?
A surprise development in the Warner Bros. Discovery saga: #Starz reportedly put in a $25 billion bid for all of #WBD’s cable networks and 20% of its studio and streaming businesses last month. Read more: https://t.co/Qq9KWmAepY 📸 Jakub Porzycki/NurPhoto/Thomas Fuller/SOPA
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They seem VERY confident in the antitrust outcome
Netflix has released new key art and a motto for their acquisition of Warner Bros “Defining the next century of storytelling together… More choice, more opportunity, more value”
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Netflix's Ted Sarandos Vows to Continue Releasing Warner Bros. Movies "in Theaters With the Traditional Windows"
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They stopped teaching kids to write cursive. How in the hell are they supposed to sign paperwork?
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Warner Bros. is going to reject Paramount's offer. Story with @MichelleF_Davis
https://t.co/aNeOwUCZkW
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lol
President Donald Trump rebukes the idea that he's friends with Paramount Skydance chief David Ellison and his father, Larry Ellison, claiming that CBS' 60 Minutes has treated him "far worse" since they acquired Paramount: “If they are friends, I’d hate to see my enemies!”
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Jared Kushner, Trump's Son-in-Law, Backs Out of Paramount's Warner Bros. Discovery Bid
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But…
Two Democratic lawmakers — U.S. Reps. Sam Liccardo (D-Calif.) and Ayanna Pressley (D-Mass.) — have expressed “serious national security concerns” over Paramount Skydance's hostile takeover bid for Warner Bros. Discovery. A Paramount deal for WBD “could transfer substantial
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Some movie theater owners are openly rooting against Netflix’s chance to vacuum up Warner Bros. The proposed deal “poses an unprecedented threat to the global exhibition business,” said Michael O’Leary, CEO of trade group Cinema United. It will hurt theaters “from the biggest
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Warner Bros. is expected to announce that it will stick with the Netflix acquisition next week according to Lucas Shaw from Bloomberg. Paramount is expected to either sue or increase its offer that would set off another bidding war.
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The bidding for Warner Bros. is now expected to last months. Multiple people involved in the process said it would likely be five or six months before we have a winner. Here is the latest on the state of play and what comes next: https://t.co/UgjN4xT4mT
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UAP files release chance is 99% on Polymarket(!) A couple of thoughts on what this means: 1. Somebody knows something. While these markets aren't reliable indicators of the future, sudden moves usually mean somebody is trading on insider information. 2. Pay close attention to
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The key to beating modern antitrust is defining the market in such a way that makes you look like a minor-ish player. Netflix is doing just that, by saying "YouTube is bigger"
Netflix CEO explains in 3 sentences why regulators should approve their deal.
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Paramount Pictures’ account was seemingly hacked today, with their bio changed to: “Proud arm of the fascist regime”
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David Ellison allegedly offered assurances to Trump administration officials that if he bought Warner Bros, he would make major changes to CNN for them. (Source: https://t.co/DaLdbW1TV4)
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