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Posted by Mgtyalx 1 hour ago

Paramount Skydance has completed its $111B merger with Warner Bros. Discovery(arstechnica.com)
87 points | 86 comments
simonw 39 minutes ago|
Nilay Patel: https://www.theverge.com/podcast/1004286/senator-adam-schiff...

> One of the longest-running tropes at The Verge is that a workable antitrust policy for the United States would be simply to forbid companies from buying Time Warner because it has never worked and it may never work again, and that we should just pass one law.

Checks out:

Jan 11, 2001: AOL and Time Warner merged to create AOL Time Warner

June 14, 2018: AT&T acquired Time Warner, renamed WarnerMedia

April 8, 2022: WarnerMedia spun out of AT&T, merged with Discovery

dkobia 37 minutes ago||
A behemoth indeed but the numbers also tell an interesting story. For TV screen share, Youtube has ~13% of total US viewing time vs ~6% for Paramount/Warner. They also go into this merger with staggering debt which does not bode well.
scyzoryk_xyz 18 minutes ago||
This would be the anti anti trust argument - that it's not studio vs studio, but it's type of screen-time vs other types of screen-time.

Was it Reed Hastings that was painting Netflix's main rival not other streaming platforms, but other types of leisure like video games? This was during the streaming wars IIRC.

Regardless of how you look at it, this is yet another confluence of IP franchises merging together, whatever juice is left in them squeezed out and reprocessed over and over over time. Kind of what Oracle is in software I guess?

Working in an adjacent entertainment IP focus business myself, my eyes are glazing over a bit at this point.

patwolf 11 minutes ago|||
This is the same argument from when Sirius and XM radio merged. It didn't matter that they were monopolizing satellite radio because the real competition was terrestrial radio and internet radio.
jedberg 8 minutes ago|||
> Was it Reed Hastings that was painting Netflix's main rival not other streaming platforms, but other types of leisure like video games?

Yes. He always told us that we don't need to worry about the other streamers nearly as much as we have to worry about them turning off the TV and playing games or (gasp!) going outside. TikTok/Instagram Reels wasn't a thing yet, but if it were, I'm sure they would have been on the list too.

thousand_nights 10 minutes ago|||
youtube has slowly become like 90% of my TV time over the past few years, I think it's the fact that you don't have to commit to watching 40+ minutes of something every time and there's just way too much interesting content on it

and i'm not even someone you'd class as young anymore, so I don't think this is a younger generation thing

lokar 22 minutes ago||
I wonder what that % would look like for US voters over 60
bigwheels 1 hour ago||
Can this be undone in the future if folks realize it was too monopolistic and it was in fact an anti-trust violation?

I wonder if David Ellison is a fun guy IRL.

hilariously 15 minutes ago||
Should we wonder if Goebbels was a fun guy irl? I don't get it.
Y_Y 59 minutes ago|||
He has a nice yacht, I bet it's fun on the yacht.
yolp5 38 minutes ago||
Probably not if you're an underage girl though.
fhub 32 minutes ago||
Are you insinuating something about David Ellison here?
yolp5 31 minutes ago|||
It's one big club
kridsdale1 15 minutes ago|||
He’s only making an implication.
lokar 19 minutes ago|||
IMO, a better solution for the broadcast media part of this is to delegate content regulation to the states when the signal from a tv/radio station is entirely within one state (and some kind of join regulation when it spans >1).

Concentrating so much power in the federal government is problematic, and unnecessary.

yolp5 36 minutes ago|||
> Can this be undone in the future if folks realize it was too monopolistic and it was in fact an anti-trust violation?

I predict the democrats winning, shoving it all under that table and pushing for "reconciliation" and "moving forward" while continuing the rotten status quo that got Trump elected in the first place. Maybe a few token prosecutions of low level wage workers involved.

cindyllm 12 minutes ago||
[dead]
rwmj 5 minutes ago|||
I learned from working with some that psychopaths are a lot of fun going for a drink after work, but at work they make your life a misery.
Hamuko 57 minutes ago|||
Seems to me that these companies will say pretty much whatever during the merger process, and as long as there's no concrete repercussions written down somewhere, just do whatever since it's much harder to break a company apart than it is to block a merger.
bigwheels 51 minutes ago||
The pre-merger settlement approved by the current supreme court was that Skydance would: (1) Agree to production quota of 30 movies per year, (2) Domestic spending commitments, and (3) Separate cable package negotiations.

Assets: TNT, CBS, CNN, MTV, TCM, Showtime, Adult Swim, DC Studios, Paramount+, Nickelodeon, HBO/HBO Max, Comedy Central, Cartoon Network

Film Rights: Star Trek, Gremlins, Beetlejuice, DC Comics, Tom & Jerry, Harry Potter, Citizen Kane, Transformers, A Quiet Place, Looney Tunes, The Conjuring, Mortal Kombat, Game of Thrones, Dora The Explorer, Mission Impossible, The Lord of the Rings, SpongeBob SquarePants, Avatar: The Last Airbender, Teenage Mutant Ninja Turtles, Dune 3, Minecraft, MonsterVerse

Remember that Citizen Kane is the movie about a media tycoon who buys everything he can and ends up alone in a mansion full of stuff.

kridsdale1 2 minutes ago|||
Please enjoy this SlopGen Fantasy Skydance Kingdom.

https://chatgpt.com/s/m_6ac56dbab5448191866eb7c80c31c025

whycome 21 minutes ago||||
So you’re saying this opens up the possibility of some wild crossover media stories. Star Trek exploring new worlds that also include krypton, cybertron, and the game of thrones world. Oh Dune too. And maybe do the time travel thing to see a Lord of the Rings middle earth. And have Dora graduate to captain of a star ship (or explore the sea and encounter SpongeBob and Aquaman). Batman can team up with the Mission Impossible crew to solve a mystery. Ninja turtles in a mortal kombat? Wonder Woman in Westeros with Harry Potter?

Maybe a Sora descendant will allow user-directed content to emerge.

scun 27 minutes ago|||
Nothing on that list should have lived this long.
aleksandrm 23 minutes ago||
As a Trekkie, I'm offended.
scun 18 minutes ago||
Then you are too invested for your own good.
nutjob2 38 minutes ago|||
If the Trumps get their cut, you're golden.
anthonypasq 19 minutes ago||
serious question how could you possible argue this is monopolistic when Disney, Netflix, and Youtube exist. It doesn't pass the barest level of scrutiny.
rileymat2 4 minutes ago||
Monopoly is the wrong word, but it has a close cousin, “anticompetitive”. For free market people one of the major role of the government is maintaining competition and avoiding collusion, combining to competitors is straightforward collusion.
prometheus1992 49 minutes ago||
not a fan of CNN, but a very right leaning person is the owner of CNN now. pre-dictatorship vibes!!
Georgelemental 22 minutes ago||
Where "right" means specifically "Likud"
Waterluvian 45 minutes ago|||
I don’t follow the sentiment.

Right wing people have repeatedly captured and destroyed journalism outlets they deem undesirable. Not that I’m saying CNN is any good.

nomel 40 minutes ago||
Do you think only left leaning perspectives should be reported?

There should be a diverse leaning of news companies, otherwise you'll only get half truths. You can't expect a left leaning news org to report anything bad about the left, or right leaning news org to present anything bad about the right. The left will be motivated to find flaws in the right, and the right will be motivated to find flaws in the left. That's a good thing. I believe an adversarial system is required to find truth. A center leaning news org is nice, but they may be motivated to keep their reporting "even", to not appear biased, which isn't really possible with the tick tock of republican and democrat leadership.

A for-profit news org changing leadership/alignment, in a response to massively falling profits [1], isn't a sign of dictatorship, it's a sign of them being aligned to the reason they exist: making moneys.

[1] https://finance.yahoo.com/news/cnn-net-worth-sliced-half-192...

TheOtherHobbes 14 minutes ago|||
I think the public should be able to view true left-of-centre perspectives from mainstream media outlets, and that is very much not happening in the US.

If - for example - you find a major news outlet that's pro-union, pro-single-payer, pro-wealth-taxes, and pro-debt-free-education, let me know.

nomel 1 minute ago||
> view true left-of-centre perspectives from mainstream media outlets

Do you think this is being prevented somehow? There are many left leaning news agencies [1]. Maybe the "problem" is that they're all for profit, most of which comes from ads, most of which are anti union companies.

What's the alternative? Mandated reporting?

[1] https://www.poynter.org/fact-checking/media-literacy/2021/sh...

prometheus1992 34 minutes ago||||
>>Do you think only left leaning perspectives should be reported?

No! but where did you get that from?

There is Fox news, X, and Truth socia for right leaning perspectives.

jasondigitized 33 minutes ago||||
In a alternative universe, a very wealthy person starts a not for profit news agency and gives zero f's how many eyeballs it gets. Hires an army of world class journalists, investigators, and producers to churn out high quality, vetted, in depth content. Does this exist?
kridsdale1 12 minutes ago||
Bezos with the WaPo was this until 2024.
philsnow 7 minutes ago||||
You'll still only get half-truths, but maybe (maybe) the sum of the vectors will be roughly normal
netsharc 7 minutes ago||||
This is probably my leftist bias, but ever consider that "leftists" are more interested in laws and decency whereas "rightists" are more interested in protecting their tribe/movement? But you think both sides play like "the right" (each only interested in exposing flaws of the other side) because you're seeing from your right-leaning perspective...

Democrat Al Franken got kicked out of Senate when it was found he inapproprately kissed a woman. I can name a long list of creeps in the GOP side who received protection from their side. Matt Gaetz, Roy Moore, Sexual Harassment Hegseth, Epstein-Friend in Chief. The GOP doesn't seem to have any principles about which sexual deviant they have, they just care about having the majority (in congress) or the power. Oh yeah, speaking of that, sexual assaulter Justice Brett M. Kavanaugh...

I'd trust left-leaning media to report wrongdoing whoever does it, whereas right-leaning media will gloss or bare-face lie about wrongdoing done by the right, and exaggerate about wrongdoings by the left...

nextstep 35 minutes ago|||
Do you have an example of left-leaning reporting that is mass media in the US?
reliabilityguy 32 minutes ago|||
WaPo, NYT, The Atlantic, NPR, and many others.
jedberg 45 seconds ago|||
Only people on the right think NPR is on the left. NPR is the most middle of the road you can get. Just because they report facts that contradict the administration doesn't make them left leaning.
lokar 17 minutes ago||||
NPR takes "both sides" reporting to an absurd extreme
hilariously 12 minutes ago||||
It's not a clear divide between right and left, and NYT, the Atlantic, and NPR stans right wing voices constantly, have constantly used their editorialization to promote right wing ideals, and have gone out of their way to center right wing voices to give the appearance of being centrist to the right, which has had a direct impact in their perception as not really left wing by any of the left.

Now the center right is supporting concentration camps like "alligator alcatraz" so the overton window has shifted a lot in the last ten years.

prometheus1992 16 minutes ago||||
WaPo? definitely not. going through independence crisis.

NYT - i think so.

NPR - funding crisis.

The Atlantic - i don't read this - is this the one who's journalist was added in the top secret signal chat?

sailfast 29 minutes ago|||
Have you read the WaPo and NYT lately?
penskymaterial 29 minutes ago|||
Yes, all of them, minus the ones you can count on one hand that's missing a few fingers from a fireworks mishap.
blakesterz 58 minutes ago||
First it was Time in 1990, then AOL then AT&T then Discovery and now this. That's 5 owners since 90 for Warner Brothers and none of those really worked out well. I don't know enough to know if this stands a better chance, but if I was going to bet, I'd bet Warner has a new owner before 2030.
kwanbix 1 hour ago||
Yes! What the consumer needs! Less competition! Hurrah!

Sorry for the sarcasm.

stavros 1 hour ago|
Less regulation means more innovation!
roroh4310 48 minutes ago||
I will believe this internet comment. Thanks!
stavros 46 minutes ago||
It is in your best interest. All this innovation is sure to mean better quality of life for the average person, and not at all a widening of the income gap.
Papazsazsa 30 minutes ago||
I've seen plenty of negative (and legitimate) sentiment around this merger but I'm cautiously optimistic that David Ellison, being half the age of anyone else with greenlight authority, will do something different/better.
hilariously 11 minutes ago||
As long as you are hoping he has a really, really, really positive view of Israel you're going to be happy!
developerDan 19 minutes ago||
His running of Skydance says otherwise. The most formulaic and bland film studio there is.
xnx 54 minutes ago||
Seems fine. There are more options for entertainment than ever. Often these mergers don't work out anyway.
ramon156 42 minutes ago||
how exactly do they "not work out"? its two behemoths merging for the sake of more money
pupppet 42 minutes ago||
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cdrnsf 1 hour ago||
So when do they raise prices and start laying folks off?
cmorgan31 1 hour ago|
They already acknowledged layoffs so likely within 30 days the cull list will be presented to senior leadership.
brnt 1 hour ago|||
Do we really need two Ellisons?
thinkingtoilet 49 minutes ago||
Do we even need one?
superxpro12 56 minutes ago||||
Its so weird how these layoffs somehow targeted every left wing news organization or show. We just cant be certain how that happened. oh well
toomuchtodo 1 hour ago|||
Their debt load is enormous due to how quickly debt costs have risen from M&A talks to issuing the debt.

https://variety.com/2026/tv/news/skydance-credit-rating-down...

https://www.bloomberg.com/news/articles/2026-10-01/paramount... | https://archive.today/SEtX9

cdrnsf 28 minutes ago||
I'm sure they'll figure that out.
chasing 55 minutes ago|
You have to admit that David Ellison is extremely talented at being born to one of the wealthiest people in human history.
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