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nycfan said:

Paramount Plans Proxy Fight to Push Hostile Warner Bid​

The company also filed a lawsuit Monday seeking more information on Warner’s deal with Netflix​


🎁 —> https://www.wsj.com/business/media/...9?st=hxYkRx&reflink=desktopwebshare_permalink
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What Trump is promoting:



“Netflix’s bid to acquire Warner Bros. Discovery (WBD) is not simply another Hollywood deal. It is an attempt to consolidate unprecedented cultural power inside one of America’s most ideologically aggressive corporations — a company that has repeatedly used its global platform to elevate progressive narratives while suppressing dissenting viewpoints.

WBD is not just another studio. It is the home of HBO, DC Comics, the Harry Potter films, Game of Thrones, and one of the most important film archives in the world. Netflix itself boasts that the acquisition would combine Warner’s “iconic franchises and storied libraries” with the world’s largest streaming platform.

If Netflix absorbs these assets, it will not just be the biggest streaming service. It will become the most dominant cultural gatekeeper the United States — and much of the world — has ever seen.

Yet despite the obvious risks, WBD’s leadership is pushing forward even though Paramount Skydance has launched an all-cash tender offer of $30 per share for the entire company — a bid that implies significantly higher value for shareholders than Netflix’s offer. …”

[The author neglects to note that the Netflix deal breaks off specified assets, leaving CNN behind. The Skydance bid includes CNN]
 
nycfan said:
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“
Netflix’s bid to acquire Warner Bros. Discovery (WBD) is not simply another Hollywood deal. It is an attempt to consolidate unprecedented cultural power inside one of America’s most ideologically aggressive corporations — a company that has repeatedly used its global platform to elevate progressive narratives while suppressing dissenting viewpoints.

WBD is not just another studio. It is the home of HBO, DC Comics, the Harry Potter films, Game of Thrones, and one of the most important film archives in the world. Netflix itself boasts that the acquisition would combine Warner’s “iconic franchises and storied libraries” with the world’s largest streaming platform.

If Netflix absorbs these assets, it will not just be the biggest streaming service. It will become the most dominant cultural gatekeeper the United States — and much of the world — has ever seen.

Yet despite the obvious risks, WBD’s leadership is pushing forward even though Paramount Skydance has launched an all-cash tender offer of $30 per share for the entire company — a bid that implies significantly higher value for shareholders than Netflix’s offer. …”

[The author neglects to note that the Netflix deal breaks off specified assets, leaving CNN behind. The Skydance bid includes CNN]
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“… Regulators must now confront an uncomfortable possibility: that WBD’s board rejected a financially superior offer because Netflix was the woker, ideologically preferred buyer. If true, that raises serious questions about whether the board has honored its basic duty to shareholders.

…
Culturally, the danger is stark. Netflix already holds enormous influence over America’s imagination. Its opaque algorithm determines what tens of millions of viewers see each night, shaping trends, tastes, and narratives with no accountability. Industry reporting shows the merger would give Netflix even greater leverage over release windows, pricing, and labor negotiations — with fewer competing studios for creators to turn to.

Handing this machine control over Warner’s franchises and future output would allow one company to rewrite characters, retell history, redefine social norms, and control which ideas reach audiences.

… Risk-taking and creative experimentation would be replaced by algorithm-tested formulas designed to maximize retention rather than artistic merit.

In short: the American film industry, long defined by competition and creativity, would contract into a single, politically driven super-entity.

That is not capitalism. That is cultural central planning. And it is why the Trump administration must act — and quickly.

… It is time to say no to a woke media monopoly before the damage becomes impossible to reverse.“
 
nycfan said:

Paramount Plans Proxy Fight to Push Hostile Warner Bid​

The company also filed a lawsuit Monday seeking more information on Warner’s deal with Netflix​


🎁 —> https://www.wsj.com/business/media/...9?st=hxYkRx&reflink=desktopwebshare_permalink
Click to expand...
I recieved a letter in the mail several weeks back from Paramount offering to buy my shares in WB for a profit (can’t remember what it was but a markup in price). I had no idea that my retirement portfolio contained WB until then. I threw the letter away, but it shows the lengths Paramount is willing to go in their hostile takeover.
 
Kingpin said:
I recieved a letter in the mail several weeks back from Paramount offering to buy my shares in WB for a profit (can’t remember what it was but a markup in price). I had no idea that my retirement portfolio contained WB until then. I threw the letter away, but it shows the lengths Paramount is willing to go in their hostile takeover.
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That's just standard takeover practice. Nothing special.
 
Kingpin said:
I recieved a letter in the mail several weeks back from Paramount offering to buy my shares in WB for a profit (can’t remember what it was but a markup in price). I had no idea that my retirement portfolio contained WB until then. I threw the letter away, but it shows the lengths Paramount is willing to go in their hostile takeover.
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Paramount is also trying to get the WB board to approve a measure that would require stock holder approval before splitting off its cable channels. It almost seems like capturing CNN is the primary goal.
 
BlooVooDoo said:
Paramount is also trying to get the WB board to approve a measure that would require stock holder approval before splitting off its cable channels. It almost seems like capturing CNN is the primary goal.
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That and firing John Oliver from HBO and ending The Daily Show. They already got Colbert fired and tried getting Kimmel fired.

They're trying to silence all voices that oppose their shittiness.
 
BlooVooDoo said:
Paramount is also trying to get the WB board to approve a measure that would require stock holder approval before splitting off its cable channels. It almost seems like capturing CNN is the primary goal.
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I'm not sure what the point of that is. WB is incorporated in Delaware. In Delaware, the authority to manage the company lies with the board of directors and only the board; bylaws cannot constrain the board's substantive discretion. So I don't think this bylaw would be enforceable in any way. Maybe they are just trying to invite a response that they would then try to use against the incumbents?
 
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