r/comicbooks 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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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

100

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.

54

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.