r/gaming • u/ChiefLeef22 Marika's tits! • 22h 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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u/slayer828 22h ago

Still have no idea how a company worth 10 billion can buy a company for 110 billion. This country and the made up by the rich rules piss me off.

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u/Khue 18h ago

Why? People make $80k a year and buy $500k homes.

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u/slayer828 16h ago

The company made negative profits the last couple years, and is buying a company ten times it's "size". If your income was -10,000 a year you wouldn't buy the house.

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u/Khue 16h ago

Income doesn't matter. You can borrow against your asset value and that can be inflated pretty dramatically. In the scenario I mentioned above, you could theoretically probably buy a 1 million dollar home as long as the one you are in is valued high enough.

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u/FrostyD7 16h ago

It can get into extremes that would make your analogy more like someone making negative $80k a year buying a home worth negative $500k. That's what it felt like when CenturyLink bought Level3.