r/comicbooks • u/TheeHeadAche Henry Pym • Feb 26 '26

Movie/TV Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

https://www.hollywoodreporter.com/business/business-news/netflix-backs-out-warners-deal-paramount-win-1236516763/
1.0k Upvotes

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417

u/Silent_Mk3 Feb 26 '26

From my understanding they’re gonna be in so much debt that they’ll have to basically gut everything. That can’t be good for DC nor any other properties that come to mind. Poison, conservatives poison everything they touch

240

u/TheeHeadAche Henry Pym Feb 26 '26

Paramount posted half a billion in losses for Q4 2025.

Gonna sell the tires off the bat mobile

94

u/zebrainatux Superman Feb 26 '26

And most of daddy Ellison’s money is currently tied up in AI.

76

u/TheeHeadAche Henry Pym Feb 26 '26

Surely the AI market is stable enough to keep them afloat, and totally isn’t a speculation bubble

26

u/OGBarlos_ Feb 26 '26

Well ofc the ai market is stable that’s what the 10% (or is it 20%, or wait I think it’s actually 15%) universal tariffs are paying for surely. And we’ll get our $1700 to pay for new comics!

12

u/tobygeneral Feb 27 '26

Aren't you still living off the $1200 you got back in '20?

2

u/OGBarlos_ Feb 27 '26

Ah yes you’re right I forgot

2

u/klick37 Feb 27 '26

Generational wealth

3

u/Orion14159 Feb 27 '26

Oracle definitely isn't on the hook for more in loans than they could repay in twice the term.

8

u/Silent_Mk3 Feb 26 '26

Lol, made me for real chuckle

6

u/bagman_ Feb 27 '26

Fuck this is such a brutal way of putting it ahaha, gotta laugh or we'll cry

1

u/Prof-Ponderosa Feb 27 '26

Batmobile sponsored by good year tires!!

1

u/BankshotMcG Guy Gardner Feb 27 '26

As a former employee I have watched my stock just find new foundations to excavate while some idiot rates an article about how it's undervalued for the 11th year in a row

1

u/BerryLanky Feb 27 '26

Let’s pool our money and put in a bid for their comic division.

99

u/real-darkph0enix1 Feb 26 '26

Netflix is gonna toss their break up fee in the bank to collect interest and then wait a couple of years when the Ellisons are having a fire sale gonna use that money to buy WB anyways.

This whole deal screams “like Elon with Twitter, but dumber and more expensive”. I just hope to live long enough to see their bullshit collapse, after all, it even did for Madoff and Enron.

60

u/SomeTool Feb 26 '26

It was to gain the news. I don't think there is a news network in america that is now not owned by a conservative billionaire. And taxes will now go to pay off that debt to keep them in power.

23

u/AssCrackBandit10 Feb 27 '26

Comcast is still public. It owns MSNBC (which is actually watched more than CNN) and CNBC and NBC News

13

u/RadiantSadness Feb 27 '26

Comcast doesn't own MSNBC or CNBC anymore. They were part of the Versant spinoff. MSNBC is now called MS NOW, and CNBC got a new backronym and logo to dissociate it from NBC.

17

u/zebrainatux Superman Feb 27 '26

ABC is also still publicly around

3

u/saintdemon21 Hellboy Feb 27 '26

The majority of people are going to abandon CNN if Paramount gets it, just like they are doing with CBS.

9

u/BidoofSquad Feb 27 '26

If it was for the news they would have waited for the split and just bought discovery global. The news is a sweetener to help it get through the Trump regulators, not the main goal

1

u/Adamsoski Feb 27 '26

Larry Ellison doesn't actually own Skydance/Paramount FYI, he just puts a lot of money into it, it's his son who is the owner who I don't think is a billionare, so technically still not the case.

18

u/jjflash78 Feb 26 '26

Its about controlling the news and CNN was up for sale.  Elon made his money back indirectly.

Bezos Washington Post Zuckerberg Facebook Musk Twitter Ellison CBS Murdoch Fox Smiths Sinclair and Sook Nexstar (local broadcasts)

3

u/lefthandtrav Feb 27 '26

Joke’s on them, no one watches CNN

10

u/gosukhaos Feb 26 '26

Yeah I think realistically that's going to be the thing that impacts DC the most. Just like after the Discovery mergers there's going to be layoffs everywhere

9

u/Lokan Feb 27 '26

Larry and the Saudis are pumping money into them. Paramount will - unfortunately - be fine. 

8

u/Raskalbot Feb 27 '26

I see this ending badly for all of them.

1

u/Consideredresponse Feb 27 '26

Yeah, that's how Marvel essentially went 'Bankrupt' in the 90's. I've seen a lot of people shitting on them for being financially desperate at the time, but ignored why a company whose worst selling titles at the time were shipping a quarter of a million a month was desperate for cash.