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Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery (www.theguardian.com)

submitted 4 days ago by StillPaisleyCat@startrek.website to c/quarks@startrek.website

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“Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say”

The Wall Street Journal, this Guardian article and other business news media are reporting that the rumoured Warner Brothers - Paramount merger is back under consideration — this time with the deep pockets of the Ellisons.

One can see it as a worthwhile investment for the Ellisons regardless whether the motivation is acquiring IP or media control.

Disquieting for Star Trek franchise fans nonetheless.

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[–] homesweethomeMrL@lemmy.world 3 points 4 days ago

Christ those Discovery fuckers just shat the bed this whole time. Seriously conservative/libertariandoodle people - Stop buying IP. You don't know what the fuck to do with it. You waste everyone's time and your money.

[–] Sanctus@lemmy.world 2 points 4 days ago

Now it really will just be The Media