Thread: VM General News Thread
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Old 22-12-2023, 15:36   #456
1andrew1
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Re: VM General News Thread
Quote:
Originally Posted by Horizon View Post
https://www.bbc.co.uk/news/business-67782869

As already mentioned by MB in the coming soon thread, Warner and Paramount are in merger talks.

As I said in the earlier posts in this thread and this thread:

https://www.cableforum.uk/board/show...ht=john+malone

John Malone (ultimate owner of VM, Discovery (as it was) and now Warner Discovery) is looking for the last big deal.

As I used to say on this site, old media is dead in the water. Rupert Murdoch knew this and sold out, the signs outside the Hollywood companies in the future will read: Amazon, Apple, Google, Netflix and possibly one other like Sony.

If this merger happens, it won't stop there, I would then expect the merged entity to be gobbled up by someone like Microsoft. John Malone can then put his slippers on and enjoy his retirement. Oh wait, there's all the cablecos and mobile to deal with first...

Still plenty more companies to load up with debt.
Interesting times.

But I don't believe Malone does not control or own Warner Brothers Discovery
https://finance.yahoo.com/news/warne...20shareholders.

And he does not does not control or own VM since it merged with O2.

I'm sceptical of a WBD-Paramount merger coming off. Both are heavily in debt and need to focus on getting their own houses in order. Not to say that Amazon couldn't swoop for Paramount but I don't think they would want its broadcast TV assets.

The deal that has just happened is that Lionsgate Studios is listing via reverse takeover by a blank cheque company. I'm not sure if Starz has a healthy future as a separate company.
Quote:
“The newly-merged entity, Lionsgate Studios Corp., will be a publicly-traded vehicle able to raise fresh capital and merge with existing businesses,” The Hollywood Reporter’s article states. “Its biggest asset will arguably be its vast library of movies and television franchises. Rosenblatt Securities put a $5.2 billion value on Lionsgate’s library in May, meaning it’s worth more than how the whole studio is currently valued. The media networks business, which mostly comprises Starz and its 28 million global subscribers, would remain in the existing publicly-traded company.”
https://www.yahoo.com/entertainment/...144912450.html
Last edited by 1andrew1; 22-12-2023 at 15:41.
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