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Paramount Skydance reportedly preparing takeover bid for Warner Bros Discovery (www.theguardian.com)

submitted 5 days ago by StillPaisleyCat@startrek.website to c/quarks@startrek.website

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“Media conglomerate putting together majority cash offer for WBD backed by ultra-rich Ellison family, reports say”

The Wall Street Journal, this Guardian article and other business news media are reporting that the rumoured Warner Brothers - Paramount merger is back under consideration — this time with the deep pockets of the Ellisons.

One can see it as a worthwhile investment for the Ellisons regardless whether the motivation is acquiring IP or media control.

Disquieting for Star Trek franchise fans nonetheless.

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[–] StillPaisleyCat@startrek.website 1 points 17 hours ago

Here’s a substack take from Janet Nance ‘Subspace Chatter’