this post was submitted on 03 Mar 2026
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"We were in the books of Warner Bros., and the biggest cost centers are people in productions," he said in an interview. "There’ll be cuts in excess of $16 billion. They are telling people who lend them the money that’s going to happen in 18 months or so."

This suggests that the company's games division will be under scrutiny for cost-saving along with the firm's film, TV and other assets. Warner Bros. is the home of Rocksteady, TT Games, Avalanche Software and mobile studios.

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[–] LeeeroooyJeeenkiiins@hexbear.net 2 points 37 minutes ago

yeah my gf just paid for a vpn and figured out how jellyfin works

[–] jackmaoist@hexbear.net 6 points 2 hours ago (1 children)

15 billion dollar company in 110 billion dollars worth of debt. How the fuck are Shareholders okay with this?

[–] LeeeroooyJeeenkiiins@hexbear.net 4 points 36 minutes ago (1 children)
  1. that's nuts lol, our intrepid capitalist efficiency at work everyone

  2. I think they have to pretend to be okay with it even if they're not because if their facade of being okay with it cracks their stock will lose more value

[–] jackmaoist@hexbear.net 3 points 33 minutes ago (1 children)

Likely scenario is that the whale stakeholders will just let the stocks rise via portfolio managers investing money of plebs into it and then get a profitable exit while the poors are left holding the bag.

[–] LeeeroooyJeeenkiiins@hexbear.net 1 points 26 minutes ago

yea I guess it really IS efficient! at stealing value

[–] Llituro@hexbear.net 15 points 3 hours ago* (last edited 3 hours ago) (2 children)

the biggest cost centers are people in production

almost like the two kinds of business are stealing profit from laborers or rent-seeking, and rent-seeking is by far more profitable.

[–] Lussy@hexbear.net 5 points 1 hour ago (1 children)

If we just eliminate all production we will have zero costs

[–] Llituro@hexbear.net 7 points 1 hour ago

now you're thinking like a shareholder porky-happy

[–] godlessworm@hexbear.net 6 points 2 hours ago

Yeah it is almost like that isn't it

[–] RION@hexbear.net 9 points 3 hours ago

"storied gaming division"

Time traveler from 2015

[–] Flyberius@hexbear.net 8 points 3 hours ago (1 children)

How are there any media companies left in the US? Have they not already blobbed together?

[–] Des@hexbear.net 9 points 3 hours ago

the U.S. will build an official state media once they are all merged together and co-owned by the Oracle guy and at least 2 Trumpsons

[–] Le_Wokisme@hexbear.net 4 points 3 hours ago

Mortal Kombat fans on life support