WBD Acquisition Thread

[JulianRO]

I have the feeling Trump might be also behind all of this. With the recent scandal regarding firing one of Netflix's board members, Susan Rice.

 

[John Pannozzi]

Truth be told, I am nowhere near as worried about the future of Looney Tunes as other people here are. I am worried about plenty of other stuff, though.

 

[Insidus]

Admin this thread is about to rival lol

 

[Two Two's]

I already had a "loss" with Game One's closure, no idea if I can handle this too... (Thinking that there are chances that Warner TV Next could disappear aren't nice.)
I hope Boing is safe, since Mediaset has half of it.

I hope so too... Channels, shows becoming lost because of a malicious buy-out...

 

[awinger24]

Boycott Paramount and Boycott Skydance. Stop the merger!

 

[JulianRO]

Paramount: finally wins this bidding war

Warner Bros.:

(just joking)

 

[themidnightlore]

I hope so too... Channels, shows becoming lost because of a malicious buy-out...

Yeah, I don't think TCM Cinéma and TCM Spain are surviving this. Or things like Tooncast.

 

[JulianRO]

Expect more CN feeds to shut down or merge, at the best.

 

[Camping My TV Set]

It's not the end of the story. "Easier regulatory clearance" is basically a lie and shareholders still have to vote.

 

[JulianRO]

Once WBD already considers it a superior offer, doesn't that mean that the shareholders are considering it's better?

In addition, Netflix officially gave up, they won't counterbid, they don't want to do it anymore.

 

[LooneyTunesFan3]

IT’S OVER. WBD WILL BE FORCED TO GO WITH PARAMOUNT. LONG LIVE ELLISON!

Dude, just gave up, Paramount will do something good for WB and Looney Tunes/DC Comics.

 

[JulianRO]

The important parts from the Netflix's announcement I did share:

"However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid.

Warner Bros. is a world-class organization, and we want to thank David Zaslav, Gunnar Wiedenfels, Bruce Campbell, Brad Singer and the WBD Board for running a fair and rigorous process. We believe we would have been strong stewards of Warner Bros.’ iconic brands, and that our deal would have strengthened the entertainment industry and preserved and created more production jobs in the U.S. But this transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price."

So it's over, Netflix gave up.

 

[Action!]

Wait Paramount is buying the company for 111 BILLON DOLLARS?!

 

[PF9]

Some important library notes:

Paramount gets back the Popeye cartoons 70 years after selling them to a.a.p. as well as the 40s Superman cartoons

Films which were co-produced by Paramount and WB will now be under one roof worldwide, notably South Park: Bigger, Longer and Uncut and Interstellar

 

[Perla Magica]

Well... it happened.

 

[JulianRO]

Wait Paramount is buying the company for 111 BILLON DOLLARS?!

You can pretty much say so. Daddy Ellison is also behind, you know.

 

[themidnightlore]

Well... it happened.

Oh, right. WBD does have a massive presence in Poland. No idea if the entire TVN family will make out of this with no losses.

 

[JulianRO]

Now also BBC reports the same announcement Netflix shared:

Netflix drops Warner Bros bid, clearing way for Paramount takeover

Netflix's decision to back down from the bidding war clears the path for Paramount to win the takeover battle.

www.bbc.com

 

[awinger24]

Now Disney buying 21st Century Fox might not have been bad.

Get this, WGA, SAG AFTRA and the Animation Guild will go on strike. And WBD shareholders will still probably vote on March 20th to block the deal leaving them no choice but to continue the split.

 

[John Pannozzi]

Some important library notes:

Paramount gets back the Popeye cartoons 70 years after selling them to a.a.p. as well as the 40s Superman cartoons

Films which were co-produced by Paramount and WB will now be under one roof worldwide, notably South Park: Bigger, Longer and Uncut and Interstellar

The 1940s Superman cartoons are actually in the Public Domain (in the USA at least).

Also, this would consolidate most of the rights to the Friday the 13th film series (though Sean Cunningham and Victor Miller still own underlying rights).