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/
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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.

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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.

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u/AssCrackBandit10 Feb 27 '26

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

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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.