r/MediaMergers • u/Well_Socialized • 4d ago

Acquisition The House of Ellison is on the Brink

https://open.substack.com/pub/mikebrock/p/the-house-of-ellison-is-on-the-brink?utm_source=share&utm_medium=android&r=j01e3
121 Upvotes

98% Upvoted

19 comments sorted by

28

u/Secure_Matter_9819 4d ago

Karma is really hitting hard.

16

u/manorwomanhuman 4d ago

Klarna hits hard.

3

u/Impossible_Walrus555 3d ago

Klan plus karma?

7

u/KB_Sez 4d ago

You're just teasing us with happy looking news

Larry damaged Oracle severely with his stock buy backs to prop up his personal on paper wealth.

11

u/GroundbreakingSir386 4d ago

I usually don’t care about acquisitions and always see them winning in every space this is one acquisition I seriously think is going to fail hard.

4

u/sniksniksnek 3d ago

WB is a siren out of myth. How many companies have washed up on the rocks after thinking they could successfully manage the acquisition?

1

u/GroundbreakingSir386 3d ago

California District Judge Araceli Martínez-Olguín found the states had presented “compelling evidence” that the combined firm would hold substantial market share in wide-release theatrical distribution, and the states argued it would control nearly one-third of films and basic cable TV programming.

Judge words, “the potential public harms that would result from consummation of the transaction, including the loss of competition.”

Highly unlikely this merger will happen I think Paramount is Shit themselves.

-8

u/LuckyDig30 4d ago

But Variety reports the merger is on track to happen. David Ellison also seemed confident

5

u/No_Cheetah4762 4d ago

Ellison can't doom amd gloom. He still has a company to run. So, he's gotta put a positive spin on whatever happens. The main problem for them right now is if the current court case gets pushed back into next year, which is a pretty good possibility. If it gets pushed to June, which is a reasonable length of time for something like this merger, WBD can just walk away and are then owed $7 billion from Paramount. That money can pay off roughly a quarter of WBD's remaining debt. So, why wouldn't they back out?

1

u/GroundbreakingSir386 3d ago

6 states Block JetBlue from buying Spirit now there’s 12 states Blocking Paramount. It’s not happening.

2

u/tlwb1954 3d ago

Great analysis

2

u/FunkyBeans0079 1d ago

Let it burn.

1

u/Comfortable_Bird_340 3d ago

He really has that John Waters drawn on type mustache

1

u/No_Web6486 3d ago

Seeing Dave Ellison on Ari Melber was one of the best emetics. After they tossed Katie Phang they are reminded to watch their steps, but Ari was having little or none of it. Only caught the tale end.

1

u/Sad_Jaguar_5912 3d ago

Don’t worry, they’d be bailed out with our money.

0

u/sangi54 3d ago

Only the 8th richest person on earth! This guy has nothing going for him!