this post was submitted on 02 Mar 2026
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Paramount’s new, hostile offer to Warner Bros. Discovery: Larry Ellison will personally guarantee $40 billion | CNN Business (www.cnn.com)
submitted 17 hours ago by StillPaisleyCat@startrek.website to c/quarks@startrek.website
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So, it will be Larry Ellison, not the Saudis, who will be putting up the additional $40 billion to win the hostile takeover of WBDiscovery over Netflix.

And he’s going to allow investors some greater visibility into the Ellison family trust.

As someone who respected the way Americans once took antitrust mechanisms and actions deeply seriously, this doesn’t give much comfort.

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[–] Corgana@startrek.website 10 points 17 hours ago

California can still block the deal but I agree it does not look good right now.

At some point I think we will just have to accept that these old guard institutions are dinosaurs that will eventually die because they cannot adapt to the times. The supply of conservative media is already outstripping demand. And unless we get a genuine taxpayer funded fascist media people just aren't going to watch.