You are too kind to CEO that enabled the endless of price hikes. That’s not me, especially with major corporations.
That’s not what we talked about description of arrogant, so it has with US president that I’m unable to discuss further because of political discussion. It is just saying that Sarandos should be skeptical of Trump’s statement because he can changes his opinion.
That is not guaranteed after Ellison went after international markets and you would be more disappointed. They could move to cut on domestic markets after run out of cuts with international markets.
If post-M&A fail to make money, very painful cut is coming.
To be fair, I remembered the flip-flop stances they made about Netflix on here as well.
Pre-profitability point, their arguments were "Entertainment companies have all taken losses on streaming and they should all just license to Netflix."
It didn't really matter to them when Netflix joined the MPAA in 2019, actually giving them major studio status through representation among others, and they just simply replied "Netflix's not a real major studio because they don't do theatrical releases", even though they have to actually do theatrical distribution to an extent to get considered for awards.
That's why I kind of saw their glazing of Netflix coming at this point.
Yeah, Skydance made numerous cuts to Paramount Global's international operations entirely on believing they'll snatch WarnerDiscovery.
These are sloppy collateral mistakes that'll be hard to walk back and the Ellisons, Redbird, and Allen & Co. likely all have extensive plans for more extreme WarnerDiscovery cuts that just goes unused back at the office if they don't get it in the end.
Nobody plans this much unless they have an obsesssion to pursue.
There is clarification with my opinion - I'm with Linus to oppose all M&A that involve with major studios, including Time Warner-AOL, Comcast-NBCUniversal, Disney-20th Century, WB-AT&T and now, Netflix-WB and Paramount-WB. As for lesser evil, I just see Netflix-WB as preferred/favorable when compared to Paramount under Ellison.
Ellison didn't handle with Paramount well, so he wouldn't either with WB since WB is much, much larger than Paramount.
WB-Paramount will not save Cartoon Network, Boomerang and all of other linear networks, so Ellison would treat those with disposal. They would treated better under Global Networks because they are specialized in linear networks. Separate from WB studio will not kill Cartoon Network since they will get special syndication deals that enable to air the shows.
Netflix disrupted the longevity of theatrical, networks, and home media with their entry into the entertainment industry.
They could do much more change on that level with this deal, even after being the most profound streamer before any significant rivals came out to compete in 2019.
Even a couple of weeks ago, David Ellison saw the writing on the wall with Skydance fading into irrelevance post-Mission: Impossible and that's why he strongarmed the Redstones into selling Paramount Global so he can prop up Skydance.
Larry's money essentially kept the lights on his children's vanity startup projects due to missing out on their childhoods, David's Skydance and Megan's Annapurna (her antics led to all employees of Annapurna Interactive, its reliable revenue source, resigning). Their father may be loaded but these two lack experience of running a major business. They're no smart cookies without the wealth.
Even Nickelodeon is being put through the wringer by Skydance right now, Ellison would swing a sledgehammer towards Cartoon Network if he got his way.
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