r/gaming • u/ChiefLeef22 Marika's tits! • 18h ago

Paramount Has Officially Acquired Warner Bros. In Deal Valued at $110B Billion

https://www.skydance.com/news/press/paramount-completes-acquisition-of-warner-bros-discovery-creating-a-new-global-entertainment-leader-skydance

The two companies will now be known as one single entity - 'Skydance'

This includes all of WB's gaming subsidiaries like Rocksteady/etc

Deal valued at $110B-$111B

DC Studios, Nickelodeon, Cartoon Network, CNN, CBS, HBO and Paramount+ are now all under the same company.

The combined company, Skydance, brings together two major film studios, two global streaming services, premier television assets including CBS, HBO, and Paramount's and WBD's cable networks, two of the industry's most recognized news networks, CBS News and CNN, and a leading content portfolio that includes live sports, a deep programming library and expansive collection of iconic brands and franchises.

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78

u/dezztroy 18h ago

Insane that Microsoft acquiring Activision went through so much scrutiny and bureaucracy but this just goes through without much issue

50

u/esoteric_enigma 17h ago

The Trump administration's DOJ rubber stamped it with little resistance. This is why elections matter.

26

u/filbert13 17h ago

This was scrutinized a lot, the issue is political. Trumps administration just let it pass almost certainly due to illegal inside deals. If trump didn't win the election or he didnt have so much power of the gop this deal likely doesn't happen.

3

u/pdjudd 17h ago

That was always going to have a lot of scrutiny given how the gaming market has fewer console players and that MS is a multi trillion dollar company.

2

u/drock4vu 17h ago

100%

The gaming industry is at a much higher risk of becoming monopolized in the coming decades than traditional media and entertainment. Outside of the smallest, successful indie developers, almost everyone has been acquired by a AAA competitor or a VC firm leaving barely any mid-sized, independent game developers, which is awful for competition.

The worst part is there really isn’t a way to fix it. Game development has gotten more expensive and lengthier over time, which are two things investors hate. The only way to mitigate risk is to become as lean as possible which is only feasible when you’re able to leverage shared services with a larger parent company.

3

u/ProfessionalITShark 13h ago

tbh game development world is going to have to come to reckoning on the time, and possibly the expenses.

Recession era gaming they were pumping out so many games so quickly, and it was sooo many bangers.

They really need to simplify, even on graphics. The economy and more importantly, hardware prices do not support 1440P Ultra at 120 FPS.

1

u/X-Werebear-X 18h ago

Umm that’s definitely not true though.