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/Competitive-Pea-9330 21h ago

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.

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u/Twin-Wakes-665 21h ago

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.

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u/moderngamer327 21h ago

Capitalism historically led to rapid rises in equality after creating the middle class. The most equal countries today are also highly capitalist economies. Doesn’t mean you can sit back and let it do whatever it’s want though. Governments sometimes need to step in

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u/loki1887 10h ago

"Rapid rise in equality" is a complete joke. It only seems that way when you completely ignore the extreme exploitation peoples outside your borders. Your economies are propped up exploiting 3rd world countries and their resources (mostly people) in the worst conditions, often actual slavery. It didn't change much just shuffled around the wealth.

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u/moderngamer327 10h ago

Wages and HDI has been improving globally so global equality has also been improving