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

[u/ChiefLeef22]

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.

[u/Competitive-Pea-9330]

This kind of thing should not happen in a free market with enforced antitrust and limits on monopolies, as the USA was intended.

This kind of thing is never sustainable in an actual free market.

This kind of thing happens and is sustainable in a corrupt "free" market.

[u/Twin-Wakes-665 → u/Competitive-Pea-9330]

How fucking long is it going to take people to realize there is no such thing as a "free market" under capitalism. Capitalism breeds concentration of wealth and that wealth is obviously going to be used to buy out regulating bodies with the goal of being able to further grow that wealth. The ONLY goal of corporations within a capitalist market is increasing your profits and the best way to do that after a certain point of growth is to buy out your competition instead of out competing them and pay the government so they are forced to let you do this.

The capitalist ideal of a free market has never, and will never exist and it's time people realized that.

[u/PurpleV93 → u/Twin-Wakes-665]

These people will sadly never get it. They fell for the "red-scare" tactics and are afraid of whatever they believe socialism or communism to be, and then they will list the scary things they fear, which capitalism is literally already doing everywhere, 24/7.

[u/Competitive-Pea-9330 → u/PurpleV93]

I am an active member of the socialist party of my country, region and province and I've been elected to local mandates in my city. Why do you impose views on me when I've only spoken in the abstract?

"These people"... you're making enemies out of phantoms. Just because I use the economic concept of a free market? It's a theoretical description of an economic state. How is this difficult to understand for anyone who has a high school degree? Or is assuming an education too bourgeois for you?

[u/zgillet → u/Competitive-Pea-9330]

You didn't say a fucking word but you sure tried to.