32/AMAB
Ko-Fi: https://ko-fi.com/jacobyoungdraws
He stands to receive over $550 million in stock and cash when the deal closes, including $34.2 million in cash severance.
Decrees
When a new presidential administration takes office, the leadership at the Federal Trade Commission (FTC) and the Department of Justice (DOJ) often shifts. These agencies hold the power to review and undo previous agreements.
Decrees
When a new presidential administration takes office, the leadership at the Federal Trade Commission (FTC) and the Department of Justice (DOJ) often shifts. These agencies hold the power to review and undo previous agreements.
Dooming about this won't fix anything or help anyone. Best we can do is ride it out until it inevitably falls apart like all other WB acquisitions, either due to all the debt, newly elected democrats, or maybe even some crazy Hollywood-wide revolt.
David Ellison might have won this war but he won’t have oversight of WB forever. Expect nothing much to change for now.
If this goes the way of AOL Time Warner or AT&T/WarnerMedia, WB will be rise up again.
WB has been under bad ownership before. This is no exception.
Dooming about this won't fix anything or help anyone. Best we can do is ride it out until it inevitably falls apart like all other WB acquisitions, either due to all the debt, newly elected democrats, or maybe even some crazy Hollywood-wide revolt.
The new name of the combined company could be announced as soon as tomorrow.
(Source: edition.cnn.com/newsletters/...)
“Just because he’s gone does not mean he’s now your puppet. Have some shame.”
#RobinWilliams #AI
“Just because he’s gone does not mean he’s now your puppet. Have some shame.”
#RobinWilliams #AI
A) Paramount-WB will be forced to split in the post-Trump administration
B) Debt’s too much to handle that they’d have to sell one half or both
C) Ellison’s get forced out so the company can have competent leadership
A) Paramount-WB will be forced to split in the post-Trump administration
B) Debt’s too much to handle that they’d have to sell one half or both
C) Ellison’s get forced out so the company can have competent leadership
The film is now projected to earn over $60M domestically.
That isn't gonna happen. The WGA is still suing.
That isn't gonna happen. The WGA is still suing.
Paramount at the moment is in so much debt that even if this goes through, they'll sell shit off immediately.
Paramount at the moment is in so much debt that even if this goes through, they'll sell shit off immediately.
An official announcement is expected later today.
#Paramount #WarnerBros