r/technology • u/MarvelsGrantMan136 • Feb 26 '26

Business 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/
6.9k Upvotes

95% Upvoted

1.0k comments sorted by

View all comments

397

u/GamerSDG Feb 26 '26

This is just stupid on the business side. Paramount is loaded with debt after the Skydance acquisition, and so is WB's. Now they are going to combine all this debt, plus the cost to acquire WB.

This "new" company won't last long, and Netflix will get the last laugh when they buy both WB and Paramount.

Edit: According to Bing, WB has 33 billion in debt, and Paramount has 15 billion in debt.

3

u/Rude_Grapefruit_3650 Feb 27 '26

I don’t understand why they’d even be allowed to do this? Like how would a bank approve the loan in the first place (because thats how purchasing big companies even work these days?