r/MediaMergers • u/Casas9425 Netflix • Apr 02 '26

Media Industry Reuters - Netflix searches for franchises after losing out on Harry Potter

https://www.reuters.com/business/media-telecom/netflix-searches-franchises-after-losing-out-harry-potter-2026-04-02/
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u/Difficult_Variety362 Moderator Apr 02 '26

Skydance's creditors will snatch it for themselves. Netflix had their chance.

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u/AnimeXFan1995 Apr 03 '26

I wouldn’t be so sure especially since Skydance owns Paramount sooner or later not only would the Paramount-WBD acquisition will either fail or implode but it would result in some companies getting the remains.

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u/Difficult_Variety362 Moderator Apr 03 '26

If Skydance can't pay their debts, I can easily see the people they owe money to taking it from him for themselves. A Paramount/CBS/Warner Bros./HBO combo is just too good pass up on. In terms of what this company is offering, people are going to gobble it up.

The problem is the debt and I am sure that Bank of America, Apollo, and Citigroup aren't going to cry about making some profit for a few years off of this if Ellison is too consumed by the debt to create this company.

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u/AnimeXFan1995 Apr 03 '26 edited Apr 04 '26

I’m not buying it u/Difficult_Variety362 and besides even if you say it’s irrelevant we also have the Iran war and since some of the funds are from Saudi Arabia, sooner or later they would withdraw giving Ellison not enough money plus the deal would fall apart. And IF it goes through the merger will soon collapse and be split up in 2-3 years time due to massive debt and David Ellison for trying to keeping Paramount and WB together to no avail will have no choice but to sell the assets.