I wasn’t happy to hear Netflix was buying Warner. Now, we have Trump-friendly offering to buy it for $108.4 billion in cash. This is a better deal for freedom.
Paramount Skydance on Monday made an $108.4 billion unsolicited takeover offer for Warner Bros. Discovery, with its all-cash bid coming just three days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
Warner Bros. Discovery “shareholders deserve an opportunity to consider our superior all-cash offer for their shares in the entire company,” Paramount Skydance CEO David Ellison said in a statement. “Our public offer, which is on the same terms we provided to the Warner Bros. Discovery Board of Directors in private, provides superior value, and a more certain and quicker path to completion.”
Paramount Skydance is the parent company of CBS News.
That is the setup of a major media monopoly. I think that should always be opposed. I have no idea what Ellison’s general political beliefs are. I know he believes in making money. He has invested billions overseas, so I am not sure his business policies match Trump’s. I doubt he would turn any network or media company conservative. The… Read more »
Anything would be better off than Netflix expanding their reach. Netflix has proven themselves to have less than honorable intentions.
Something has to be done to hold the media accountable for their programing, News has become no longer the news, and the programing content has become propaganda as well.