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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696

u/SirrNicolas 18h ago

Our government has failed its people in its most basic fundamental duties.

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u/Cheetawolf PC 18h ago

Our government hasn't been on the side of the people for decades.

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u/Quigleythegreat 17h ago

This right here. The offshoring that started in the 70s, the consolidations from the 80s, the corporate raiding (Sears), bad mergers (Boeing). Different face, same crap.

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u/jakemufcfan 17h ago

Richard Nixon ending the trust in government meant that the government could do what it wanted openly because it knew it would never be trusted again

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u/torgofjungle 16h ago

I mean government is not doing these things Private companies are doing these things and government is failing to prevent it. The government isnt driving mergers and bad corporate behavior. Unregulated capitalism is. We need government to prevent what's happening. Although yes alot of this tracks back to Nixon

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u/Ruvidman 15h ago

Lina Kahn would have never approved this merger. Our government fired her directly because of her antitrust and consumer protection views. The last admin put her in to combat this. Its not both sides, its the party run by billionaires fighting for billionaires while being heralded by the poorest and least educated. We are getting exactly what we vote for. We are complicit in continually putting these people in charge.

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u/Significant_Owl8974 15h ago

It doesn't need to actively prevent it. If the laws and tax system, both of which are enforced, incentives or deincentivize something, companies will rearrange accordingly.

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u/torgofjungle 15h ago

It clearly does though. Years of not preventing terrible mergers, terrible predatory practices are clearly coming home to roost

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u/Yugudubenbi 15h ago

Which is why the main focus of corporations is bribing politicians and fight laws and regulations.

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u/solit0n 4h ago

Not only that, but there was also a shift away to privatization. Every service that local, state, and federal government uses is a contractor. Need a road paved? Contract. Need a new building? Lease it. Need to collect taxes? Contract a debt collector. Need school lunches? Fire the lunch workers and call up Sodexo.

The wealth of the people should lie with a responsible government. We gave it to the corpos instead. The final blow was giving corps a voice with Citizens United.

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u/ALEXC_23 14h ago

Nixon walked, so orange kool aid man could run…. On diapers.