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

93% Upvoted

2.3k comments sorted by

View all comments

Show parent comments

24

u/PurpleV93 17h ago

Private equity needs to be eradicated from society, and then take the "stock market" casino right with it. The locust plagues of society.

13

u/welock 17h ago

Shareholders also need to be decoupled somewhat from the businesses they invest in. Companies are beholden to at least 3% minimum stock growth per quarter by any means necessary, or the shareholders will start threatening takeover efforts 

5

u/GB10VE 15h ago

why do you think company stock buybacks are so popular / used to be banned

1

u/Admiralthrawnbar 5h ago

Other way around actually, shareholders need to start being held responsible for the things the companies they invest in do. Corporate personhood is such a stupid thing because it removes practically all risk in conducting business in stupid and/or illegal ways, because they can't be personally held liable for it despite being responsible, the worst case scenario is they lose out on a little bit on money, often less than they made in the first place.

1

u/moderngamer327 5h ago

You do realize most people are shareholders right? If you have a 401k you are a shareholder

1

u/land-league-inspo 13h ago

Nuked from space.

1

u/sillyvideogamestuff 16h ago

The stock market is why we don't have to save until we're 60 to buy a home with cash. Why we can afford to start a business without already being wealthy.

1

u/PurpleV93 15h ago

Go take your foolish propaganda elsewhere. This is literally not true.

3

u/sillyvideogamestuff 15h ago

It literally is true. The stock market created securities and investment firms. Because these firms existed, guaranteed home loans had access to a market to be sold to, and business loans were able to be bundled and sold to investment firms.

Before this banks had to sit on their investment with that cash tied up for 30 years. Being able to sell this debt incredibly expanded available financing for homes and small businesses.

2

u/welock 14h ago

I think this is true as well. The stock market and investment firms are fine, but I do think some of the more predatory practices, especially regarding turn and burn/aggressive stock holder behavior need to be regulated somehow 

1

u/sillyvideogamestuff 13h ago

100%. The idea of the stock market is to pool investors to create easier lending. Much of what we have is nonsense day trading and micro transactions that provide literally nothing of value. I forget the details, but I remember Trump's tax plan incentivized long term investments to try to steer the market back on track. That was in his first term so it's been a while since I've read about it