Current Events > Sony in talks to buy Paramount/CBS/ Nickelodeon/MTV

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CruelBuffalo
04/19/24 10:56:48 AM
#1:


https://www.nytimes.com/2024/04/18/business/paramount-sony-apollo-bid.html
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Turbam
04/19/24 10:58:17 AM
#2:


No more sexy Squidward

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TheGoldenEel
04/19/24 10:58:59 AM
#3:


Massive conglomerates forming even massiver conglomerates is always bad for consumers

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name_unknown
04/19/24 11:11:10 AM
#4:


columbia was never big enough for sony. Did sony make a bid for mgm before it went to amazon?
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Crimsoness
04/19/24 11:11:34 AM
#5:


Turbam posted...
No more sexy Squidward
Oh no he's hot!

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itcheyness
04/19/24 11:12:45 AM
#6:


I'm sure FTC will fight this just as hard as they fought the Microsoft acquisition of ABK right?

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TheHoldSteady
04/19/24 11:13:16 AM
#7:


so tired of these giant companies buying out already giant companies man

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CADE_FOSTER
04/19/24 11:14:14 AM
#8:


itcheyness posted...
I'm sure FTC will fight this just as hard as they fought the Microsoft acquisition of ABK right?
ms should have been broken up long ago but ftc doesnt do shit
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R1masher
04/19/24 11:15:26 AM
#9:


What does skydance think about this?

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Prestoff
04/19/24 11:55:17 AM
#10:


I was against Disney buying Fox studios and I'm still against big companies buying each other out now. I have no idea how they were able to bypass the anti-trust laws.

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CADE_FOSTER
04/19/24 11:56:20 AM
#12:


Prestoff posted...
I was against Disney buying Fox studios and I'm still against big companies buying each other out now. I have no idea how they were able to bypass the anti-trust laws.
anti trust laws are never enforced our gov doesnt actually care about shit like this
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itcheyness
04/19/24 11:56:54 AM
#13:


CADE_FOSTER posted...
ms should have been broken up long ago but ftc doesnt do shit
The FTC fought the MS-ABK merger so hard that the judge had to remind them they weren't supposed to be on Sony's payroll...

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ScazarMeltex
04/19/24 12:05:07 PM
#14:


TheHoldSteady posted...
so tired of these giant companies buying out already giant companies man
That's how capitalism has to work the way it's practiced in the US. It's not that companies don't make a profit, it's that they can't grow past a certain point, and shareholders want growth year over year, not just profit. So the only way to get that growth is buying out other companies.

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CADE_FOSTER
04/19/24 12:07:09 PM
#15:


itcheyness posted...
The FTC fought the MS-ABK merger so hard that the judge had to remind them they weren't supposed to be on Sony's payroll...
man you sure are bitter over nothing ms greased the right hands and it went through
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Shamino
04/19/24 1:07:55 PM
#16:


Can Sony afford that?

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Necronmon
04/20/24 1:40:23 AM
#17:


That's how capitalism has to work the way it's practiced in the US. It's not that companies don't make a profit, it's that they can't grow past a certain point, and shareholders want growth year over year, not just profit. So the only way to get that growth is buying out other companies.

And the end game is Amazon owning the world.
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Hyena_Of_Ice
04/20/24 1:43:49 AM
#18:


Prestoff posted...
I was against Disney buying Fox studios and I'm still against big companies buying each other out now. I have no idea how they were able to bypass the anti-trust laws.

They didn't. The FTC hasn't gotten remotely enough funding to enforce anti-trust laws for decades.
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Enclave
04/20/24 1:43:58 AM
#19:


This will go through if they actually do buy, it's bs but I've long since accepted the fact that the US government doesn't actually give a shit about potential monopolies forming any more.

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noisetank
04/20/24 2:15:38 AM
#20:


CADE_FOSTER posted...
man you sure are bitter over nothing ms greased the right hands and it went through

lmao weird spin but okay. ftc was obviously going up to bat for sony and not the consumer the entire time lol

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DoesntMatter
04/20/24 2:18:30 AM
#21:


jfc

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Board_hunter567
04/20/24 2:39:01 AM
#22:


Not quite Paramount-Viacom-ABC-Disney, but we're getting closer.
https://www.theonion.com/just-six-corporations-remain-1819564741
Shamino posted...
Can Sony afford that?
They can do a leveraged buyout, which never turns out badly at all.

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Auto_Chrisbot
04/20/24 1:54:37 PM
#23:


Hey man, I only recently found out that I get Paramount Plus for free through my cable provider because I subscribe to Showtime. I'm currently trying to catch up on all the new Star Trek shows, and am curating my watch list.

If this sale goes through and that gets cancelled or revoked I'll... I'LL... be mildly annoyed.

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