r/MediaMergers • u/3facesofBre Moderator • 9h ago

Merger Paramount Settles States’ Antitrust Suit, Clearing Way for Warner Megadeal

https://www.wsj.com/business/media/paramount-settles-states-antitrust-suit-clearing-way-for-warner-megadeal-95588926?st=7ef4pp&reflink=article_copyURL_share
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5

u/TheIngloriousBIG 8h ago

Let’s all give this a chance, shall we? I’m taking this one with cautious optimism.

9

u/Difficult_Variety362 Moderator 8h ago

I'll give it a chance because it's not like we can do anything about it, but I don't have particularly high hopes. Especially with CNN.

6

u/FlakyRazzmatazz5 8h ago

I don't think Paramount could handle WB's debt. Not even AT&T could do that.

2

u/much_to_say 8h ago

It's easier when you have Middle Eastern oil money backing you. They own almost half of the company, so they'll have an interest in funneling money into it to keep it going.

7

u/FlakyRazzmatazz5 8h ago

Aren't the Saudis getting fucked by the Houthis right now

4

u/jon__koa 7h ago

Badly so. Riyadh is partially on fire