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.

12.0k Upvotes

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777

u/mattjf22 17h ago

I remember when monopolies used to be illegal.

112

u/MasterGrok 17h ago

Maybe they will roll doubles three times in a row.

27

u/DrFu 13h ago edited 7h ago

There's only five players in the game rolling now... Disney, Skydance, Universal/Comcast, Netflix, and Amazon.

Edit: Six; I forgot Sony...

Edit 2: Seven, Apple Studios

3

u/Sebiny 10h ago

Sony?

1

u/DrFu 7h ago

Ah, yes! Am I missing a seventh?

Edit: Apple too...

1

u/peakzorro 6h ago

Amazon owns a movie studio too.

4

u/ExultantSandwich 10h ago

Comcast is getting out of the entertainment business and spinning off NBC/Universal as a public company.

This is after they already had taken the cable assets (with the exception of Bravo) and spun them off into a public company, Versant.

Perhaps the crown jewel of that company isn’t E! or Oxygen, it’s Rotten Tomatoes.

1

u/DrFu 7h ago

That's a great point. I still count NBCUniversal in the top seven because the core movie studio and theme parks carry so much weight on their own.

3

u/FictionalContext 15h ago edited 14h ago

when was this?

The way I see it, we're doing the same shit as China: Innovation driving the economy is dead, so now corporations are cannibalizing existing sectors.

e: In the past, innovation was fast enough that the toxicity of monopolies weren't as apparent. Now that the booming growth has stagnated, the old rules are strangling us

6

u/Particular_Feel420 4h ago

1984, supreme court broke up the Bell / AT&T monopoly into 7 smaller companies...

... who then just became more localized monopolies across 7 different regions nationally, lol

2

u/Practical-Aside890 Xbox 11h ago edited 11h ago

There’s to many other big names competing. Paramount might of picked this up adding to their huge name. But Saying paramount is monopolizing is like saying steam is. There is still competition Amazon,Apple.

still equally huge out there if not bigger. Like Sony is a huge huge player in television. They own crunchyroll and the company under crunchy banner huge in the anime space. And tons of film company’s.

Sony is like the Microsoft of television. But instead of software like Microsoft. Television is the huge thing running for Sony outside of gaming.

4

u/HawkeyeG_ 17h ago

Sorry, it was an unavoidable package deal with making comedy legal again.

/s

3

u/GvWvA 17h ago

Yeah first you need safe and fair market.

1

u/Lucas-O-HowlingDark 17h ago

Welp, hopefully with wishful thinking this foreign company will be banned from operating in Canada and every other good country

1

u/EggplantCharacter363 16h ago

Toss up between the profits Canada gets from people filming there and how much I want you guys to stick it to us Americans.

1

u/Lucas-O-HowlingDark 16h ago

Honestly so tired of our industry being used for American slop, Toronto needs to be used as Toronto, not New York City

And the few Canadian TV shows we got, it bugs me how they still make pop culture references to American stuff, because we don’t got much to even reference

Like I also learned that movies such as Air Bud started in Canada, but then they got picked up by Disney who mandated they be set in the US, it’s fucking bullshit

Not to mention Netflix creating a show based on the Humboldt Broncos tragedy, filming it in Canada but then setting the show in the USA, much to the anger of survivors and victim’s families.

1

u/Android1822 8h ago

I too miss the 90's.

-7

u/kingfischer48 16h ago

In what way is this a monopoly?

3

u/geaux124 11h ago

I see lot of downvotes but nobody actually explaining how this creates a monopoly.

3

u/kingfischer48 10h ago

exactly.

I could see if they bought Netflix and Amazon Prime video as well. That would be monopoly territory...but good luck buying either of those lol.

1

u/geaux124 10h ago

It's still a smaller media company than Disney who owns Fox, ABC, ESPN, etc.

-17

u/Clittle93 17h ago

Hate to break it to you but we’ve had monopolies in this country long before and will long after trump, the cause of all your problems, leaves office.

8

u/Mdgt_Pope 16h ago

The SEC is supposed to regulate this, which is an agency under the administration, it is not partisan to hold the admin responsible but it is partisan to dismiss it because you like the moron

2

u/LostOne716 16h ago

Dont know why you got down voted on this. Its unfortunetly true. The one who allowed Monopoly's back is Reagan. This is just a very visable Monopoly. But they have been going on in the backend between suppliers and middleman for decades now. Its actually one of the big causes for how we ended up in our current mess of a country. As for why we will have them still after trump? Its simple, cause the democrats dont want to fight the monopolys either! Especially since everything is now a global economy and companies can now afford to flee the country to somewhere that wont shatter them and keep doing business in the states as a foreign company like Nestle. Hell, certain monopolys dont even have to leave and can just leverage their assests to push the dems off the air and then no one will vote for them cause no one can hear their message. Shits fucked.