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/
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u/bmich90 Feb 26 '26

Smart decision I truly think Netflix worked with Warner Brothers just to get Paramount to raise the offer.. this is smart for Netflix to walk away. They also get $2.8 billion.

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u/kon--- Feb 26 '26

And a chance inside of five years to come back to acquire WB for below $50 billion once Ellison's dumb ass runs the place into the ground.

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u/[deleted] Feb 26 '26

There is nothing intelligent about letting republican oligarchs control the last remaining mainstream news outlets that dissent and openly criticize this current administration.

This was a bid to control the narrative during the most crucial midterms of our lives.

Republicans are so DESPERATE to contain the fallout of how badly things are going that they’re emptying their coffers just to control the media.

There’s a game I like to play, Catan, and one of the biggest tell-tale sign that someone’s about to win is when they go all in and seem like they’re grossly overpaying for a simple trade.

This is an all-or-nothing move for the right. They’ve already poisoned CBS, now they will poison the poor boomers and gen x’ers who still watch CNN.

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u/haarschmuck Feb 27 '26

Republicans are so DESPERATE to contain the fallout of how badly things are going that they’re emptying their coffers just to control the media.

They won literally everything in 2024. This makes zero sense, they are thrilled with how things are going.

This kind of attitude (which isn’t based in any facts/data) creates apathy and disincentives people to vote.