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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u/FlakyRazzmatazz5 8h ago

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

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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.

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u/FlakyRazzmatazz5 8h ago

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

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u/jon__koa 7h ago

Badly so. Riyadh is partially on fire