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There you go. An overt technofascist Trump ally will now own CBS, CNN, HBO, Paramount, Warner Brothers, Discovery, and a big chunk of TikTok

As the media coverage of this expands, note how many can bother to mention that this was made possible by trump administration corruption, including a fake Trump DOJ antitrust investigation into the merger's competitive impacts that will now magically evaporate

the one positive, if there is one, is that nobody at Larry Ellison's weird coalition of nepobabies and brunchlords appears to have any idea what they're doing. And the gargantuan debt load from this deal will be very challenging to navigate.

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which means this could end up like the last two-decades' worth of Warner Brothers related mergers stemming from AOL to AT&T. Just a big pile of overvalued enshittification. Things could get worse with a massive wave of consumer defections (😉), and if an AI bubble pop straining Larry's assets.

Not to be a doomer but Saudi or others will just finance whatever debts they incur and help keep the stock propped up no matter how bad the books get cooked There is no need to be profitable with the amount of money they have

yeah though even then will Saudis want to keep dumping money into a money pit if they can't maintain CNN's relevance and everybody leaves because it's just 24/7 garbage AI slop? There is some requirement for competence here, and they're not demonstrating a ton of it

It'll be impossible to navigate. Paramount will have to renegotiate the NFL deal, Ellison's kid is hoarding cable channels in an era where cable TV is dying. Even with a bunch of hit movies WBD is losing money.