Netflix’s push to buy part of Warner Bros Discovery, owners of Hogwarts Legacy devs Avalanche, NetherRealm and Batman makers Rocksteady, is no more.
  • Technus@lemmy.zipEnglish
    18·
    1 month ago

    There’s no way in hell Paramount has that much cash available. This is gonna be a leveraged buyout of epic proportions, and it’s gonna crash and burn epically too.

    • calliope@piefed.blahaj.zoneEnglish
      4·
      1 month ago

      That’s because “Paramount” in the title translates to “the Ellisons.” I feel like they could have just spelled that out in the title.

      The article later says

      Paramount Skydance CEO David Ellison and his dad Larry Ellison - who is funding the acquisition of Warner Bros Discovery out of his personal fortune

  • PunnyName@lemmy.worldEnglish
    3·
    1 month ago

    The fact that this is even being considered, is a problem. They should BOTH have been required to splinter apart into unrecognizable entities, instead.