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Karl Bode
@karlbode.com

Even investors normally thrilled by "growth for growth's sake" consolidation are so worried about all that debt that the new skydance is already worth less than half of what it Warner Bros and Paramount were previously this thing is going to be a flailing money pit staffed by goons

techdirt.comNew Skydance Already Worth Less Than Half Of Warner Brothers, Paramount Were CombinedI’ve documented for years how major media consolidation is simultaneously completely pointless and incredibly harmful. Such deals exist exclusively so that unremarkable rich men with no real ideas can grab some tax breaks, create the illusion of perpetual growth, and pretend they’re “savvy dealmakers.” Yet every single time a major media merger is completed the...

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Inverted Pyramid
@invertedpyramid.bsky.social

Larry, Elon, Rupert and John (Malone) have too much invested in the top-down, command-and-control media environment they’ve spent years creating to let SkyDance just go toes up. Thinking more: the mother of all debt workouts. Only the entertainment industry at large will suffer.

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David
@thefatfryer.bsky.social

I agree, but it gives him another chance to influence it while it exists. Just as Trump’s other ‘friends’ control more and more of the media. It’s authoritarian 101.