From "Paramount launches hostile bid for Warner Bros., challenging Netflix deal/The David Ellison-run company is promising Warner Bros. Discovery shareholders a deal it says is more lucrative and easier for the Trump administration to approve" (WaPo).
Sample comments over there: "Another low down and dirty deal brought to you by TrumpWorld"/"The complete Trump takeover effort of major media in this country continues"/"Remember when the whined about Obama and the dems 'picking winners and losers' and how wrong that was? The good old days."
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46 comments:
All I want is for the media to be real and unbiased. Right now - most of it is Soviet-Democratic.
Whatever it takes.
Trump is creating precedents for future presidents.
Either way, we lose.
Warner Bros. will be sold to Netflix, not Ellison-owned Paramount as Trump had hoped. Can Bari Weiss still be put in charge of it?
There goes the Paramount's regulatory advantage.
🤡 What a total putz this guy is.
There's a real chance the Ellisons (and especially the kid) don't know what they've gotten themselves into, while Ted Sarandos is an actual pro who will run circles around them on all this.
Like King Solomon they should cut the baby in half, but most especially because the baby will die, not fairness.
Die entertainment industry. Die.
A hostile takeover bid is hardly an example of the White House "picking winners and losers." The big winners here probably will be the shareholders of Warner Bros. Discovery who will get more for their shares when they accept the more lucrative offer.
A billion dollar entertainment industry of variable value and Obamacare's 40 trillion dollar deficit with progressive health returns in real terms.
So now anti-Trust is a dirty Trumpian plot to control the world?
Personally, I'm not concerned about the concentration of entertainment assets. Movies aren't a necessity; if the product sucks, people will turn away from it regardless of how big Netflix's market share is.
Market forces or monopolistic regulatory frameworks a la climate change?
@GoldenPause (9:56), +1
I don't see how this affects me. Can someone 'splain why I should care?
Pretty clear what Netflix got when it made Obama a near billionaire at this point.
Hierarchy and insiderism is much preferred over meritocracy or (gasp!) open competition. Why, if there's competition, the wrong person could win ! Then where would we be ?
Kakistocracy said...
There goes the Paramount's regulatory advantage.
Kinda like when Obama tried to pass net neutrality for his owners at Netflix.
Has any single person received a bigger payoff from a single entity than Obama has received from Netflix?
Narr said, "I don't see how this affects me. Can someone 'splain why I should care?"
The industry is growing less competitive while simultaneously getting worse. Yes worse...shocking I know.
Worse is good. It's the prognosis preceding death. Ceeeeeeelebrate Good Times, C'mon!
Donny T wants Paramount to win this bidding war, not because it is good for the USA, but because he can get them (Bari Weiss and Paramount) to fire all those biased pieces of trash at CNN. Naked ambition to interfere where he should not go.
Trump in October appeared to advocate for Paramount to win the Warner auction, telling reporters the Ellisons are “friends of mine”.
Easily addressed. As we know Trump has no “friends,” only a price. Nice little merger you have planned. It would be a shame if something happened to it…
That’s all you need to know, folks.
Jared got billions from the Arabian Peninsula after blackmailing Qatar
This should make you people happy. It means that every single TV show and movie will be written and produced by Taylor Sheridan, the short guy macho Man
Kinda like when Obama tried to pass net neutrality for his owners at Netflix.
⬆️ This. Trump governs like Obama and the Trumptards that haven't figured that out yet need to get off the slow bus. It's time.
Netflix will just ruin whatever was still good with warner bros
Is it true there is going to be a silent auction this weekend at Mar-a-Lago on favorable regulatory rulings?
I feel like a vegan at the meat market when it comes to Netflix et.al. The price and quality of the offerings are irrelevant to me.
There are occasionally some slim pickings nkt worth 14 a month
Like that spy tale with kiera knightley
and just like that democrats love their oligarchy
Wasn't there historically an anti-trust case to keep the theatrical distribution of movies separate from their production? The argument for a dominant distributer not controlling the supply seems reasonable to me.
It was ironically the paramount directive
I believe that anti-trust law should not apply to nonessential services like entertainment. Waste of federal resources. The damaging monopolies are in health insurance. Investigate that.
I like Keira Knightley with that spy tale.
Let the deal go through. It will accelerate the demise of the Entertainment Industry.
Exactly. Put the pillows down and stop creeping, the industry just put a gun to its head. Don't try an be an hero ya'll!
Landman for instance isnt a terrible offering but it suffers from some of sheridans mawkishness
Hard to see how the Paramount offer (directly to the shareholders of Warner) can be dismissed as "down and dirty," where Paramount is offering a significant premium over the price offered by Netflix's bid. It's a decision best left to the shareholders since they're the ones being asked to sell the company they own.
Well, Ellison and Kushner have enlisted Trump now to play his usual rogue elephant gone amok role. There's no governance left in the United States, the government works for the benefit of a strongman, his family, and cronies.
They want their prog monopoly why obama is on the board
Like the bbc with their television license fee
https://youtu.be/GrhnRqLoJXA?si=6Rj4w_BajMjfo3l7
Interestingly, none of the coverage that I've seen has mentioned that this fight of Paramount versus Netflix is not just about Trump allies getting involved in corporate communications and entertainment control. Susan Rice sits on the board of Netflix, and the Obamas have quite a bit tied up with their production company deals as well. And one of the prizes is CNN.
"...every single TV show and movie will be written and produced by Taylor Sheridan, the short guy macho Man ..."
Really @Howard? I've seen Taylor Sheridan in a public setting, and he's above average height. Didn't I read, he started out as a male model?
I'm going to bet that a couple of Netflix lawyers will have interns assigned to Pres. Trump and his comments on this merger. What judge or group of investors will not think that Trump's relationships with his son in law and the Ellisons is nota factor in what the FTC may suggest. OH btw Paramount has over 12 billion in DEBT that Ellison did not pay off. Warner Bros has more and the deal offered is more DEBT. So the New Paramount with close to 30 billion in DEBT will magically pay them off with sales. Now Netflix has earned 11 billion in profits in 23 and 24 so they might be able to make a profit with the Warner catalog and studios.
If Ellison says the deal would be easier for the administration to approve, shouldn't one look first at market shares and dangers of monopoly, rather than just assuming dirty dealing?
When Ellison Sr. was giving money to Trump, Ellison Jr. was contributing to Biden. That's how these families stay rich. They don't push the ideology too far.
Bari Weiss is already disappointing those who thought she'd make CBS News conservative. She may make CBS News a little more responsible about some things, and bring it back to something like what it was c.1990, but that wasn't conservative.
If Ellison says the deal would be easier for the administration to approve, shouldn't one look first at market shares and dangers of monopoly, rather than just assuming dirty dealing?
When Ellison Sr. was giving money to Trump, Ellison Jr. was contributing to Biden. That's how these families stay rich. They don't push the ideology too far.
Bari Weiss is already disappointing those who thought she'd make CBS News conservative. She may make CBS News a little more responsible about some things, and bring it back to something like what it was c.1990, but that wasn't conservative.
Trump has unilaterally decided that one of America's largest media companies must be sold to one of his cronies. Here's why America has a liberal media bias problem.
Every major social media platform is owned by a Trump-supporting billionaire, the biggest newspapers like the Washington Post, LA Times and the WSJ are all owned by pro-Trump billionaires, and now they are adding networks like CNN and CBS to the pile. Here's why Democrats are over-represented in the media.
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