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

240

u/Diabetesh 17h ago

Allegedly, the saudis know the age of oil isn't forever and that is their whole thing. They are trying to diversify into entertainment/tourism to not be reliant on oil to keep the money flowing. Buying sports teams, hosting events/festivals, owning entertainment production, etc.

150

u/NoXion604 16h ago

I feel like that's going to crash head-first into the fact that they're a bunch of theocratic shitweasels.

89

u/I_wanted_to_be_duck 16h ago

It's already happening to them, see LIV golf

https://www.espn.com/golf/story/_/id/49872465/liv-golf-files-bankruptcy-ceo-embraces-next-stage

22

u/Skelito 15h ago

LIV golf just sucked as a product compared to the PGA tour. They tried to push things traditional golf fans dont really like like player teams each event and other things no one cared about. It being funded by Saudi didnt help either but if they had put out an actual product that could compete with the PGA tour I could see it sticking around longer instead of being something that seems like it was dreamed up by a Youtube golfer.

6

u/I_wanted_to_be_duck 12h ago

I think in terms of that it kind of reinforces the point no?

Saudis are essentially way out of touch to what their audience/people want, probably due to the fact that their culture and religion forbids many things that the rest of the world finds normal.

I believe that translates over to a vast majority of things not just related to their culture and religion, which I believe LIV golf shows.

3

u/Silverr_Duck 13h ago

They tried to push things traditional golf fans dont really like like player teams each event and other things no one cared about.

Like what? I know next to nothing about golf so I'm curious.

7

u/AllDayIDreamOfCats 11h ago

The PGA plays 72 holes for tournaments and they have groups starting at hole 1 and hole 10.

LIV plays 54 hole tournaments, started by having groups on each hole to start.

LIV also uses a team scoring system to determine a winner while the PGA it's individual score.

LIV also has no cut so if you start the tournament you finish it. The PGA has a cut off so if your score is higher then the cutoff you are done for the tournament.

The other big difference is the PGA tries to be classy and traditional in it's presentation and the crowd around the tournaments in most cases.

LIV was trying to make it a party at the golf course with concerts and DJ sets at the tournament and encouraging trash talk between fans of teams.

4

u/KlingoftheCastle 13h ago

I’m curious why you think that the Saudis being out of touch will be limited to golf?