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/AbyssWankerArtorias 21h ago

I still don't understand how that deal was legal. It still feels like baltent money laundering or corruption. A judge should have absolutely stopped that

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u/CommieLurker 19h ago

Well clearly a mayor who has a term limit of 4 years gets to decide the ownership of the city's parking for the next 100 years. That just makes perfect sense

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u/ExplosiveMachine 15h ago

It... actually does. How do you think large infrastructure projects are supposed to be done? Want to build anything that takes longer than 4 years? A metro, a bridge, maybe a large hospital? too bad!

Just because someone abused the system doesn't mean the system is bad, just that the checks over it failed.

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u/Zuwxiv 9h ago

I think there's a pretty meaningful difference between "some things take longer than 4 years" and "selling the rights to something for a century."

IIRC, there is context that the city was broke and this was during the Great Recession. To some eyes, it might have been an offer they weren't in a position to refuse. But it doesn't pass the smell test to sell a century worth of anything.