Paramount wants to buy Warner Bros., and that would be a disaster for movies

Two years ago, Warner Bros. Discover CEO David Zadlav He met with Paramount CEO Bob Bakish to discuss the possibility of merging their two companies. At that time, it was believed that Zadlav was on the Catbard headquarters thanks to the WBD, possessing a far more popular streaming service, a stunningly deep film library and SI -N. Paramount Global, however, was owned by the broadcast giant CBS. The union will give the WBD a key network of the basic place to put it in competition with Comcast (which owns Universal) and Disney (which controls ABC). After all, nothing came from this.

Two years later, greatly thanks to Hard bad work in the name of ZaslavThe one -time crown gem of the film study is on the market. And now, when Paramont Global is owned by the family Ellison (Patriarch Larry Ellison is the fourth rich person in the whole wide world), the former media company allegedly collecting a cash deal on the table to use the WBD.

And this will be a disaster for the entertainment industry.

Last month, Ellison Skion David estimated that the newly discovered "Paramount: Skydance Corporation" (these brand names are ridiculously subject to change because billionaires are stupid as terrible) would reduce $ 2 billion from their budget with that dismissal 3,000 employees. It's a large number. When you get WBD (it's not "if" because Ellison President Donald J.), Who will say how many other jobs will be eliminated? Another 3,000? More? Also, what are his plans for the film studio that will be a piece of his prey?

This is bad to the end.

Ellison family is looking to agolize media market

While people like Elizons exist to buy wealth on wealth, let's, for a second, entertain the idea that they care about art. Quincy Onesons once said that Larry Ellison could destroy a guitar (no feat there). Megan Ellison has funded non -commercial films from great directors through her label "Annapurna" (like "Lord", "Zero Dark Thirty" and "If Bale Street could speak"). David Ellison continues to try and fail to the Franchise Terminator to happen.

The full force of the family Ellison is behind this allegedly buying money, but I think David is the top of the branch spear here. To be fair, David Ellison, a 42-year-old leaving Usc, has passed his unlimited big food on a number of great films. He has a loan to Epoel and Ethan Cohen's EP, Alex Garland's "real hill", and is basically the reason for the "Top Gun: Maverick". But no one is in this for art.

If the WBD and Paramount: SKEADENCE company teamed up forces, their Streaming Subscriber Base (via HBO Max and Paramount+) could use Amazon Prime's past video very well. That would be a big blow for Ellison. Obviously, this is a very good business for a very wealthy family. What are we coming out of that?

The union of Paramount and Warner Bros. will leave us with four major studies. That would expand Ellison's media empire. It will make the Murdoch family on steroids. In any other time schedule, monopoly laws will prohibit such a merger, but as you may have noticed late, the laws are meaningless. Paramount: The feat of a ski -ski corporation. Warner Bros. "will happen. The stock prices of both companies Got a significant blow After the news of a potential agreement was published. Thousands of people will lose their jobs. The theater exhibition will be further endangered. But if you want bad things and root for wicked directors to win the big big game of capitalism, I suppose this is fun for you.

I just want to watch good movies, man.



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