General TV News

[Hatredsheart]

https://www.bbc.com/news/articles/cj69xzpzrdyo

[Wrathbone]

This level of monopoly can’t be good in general, but I’d much rather have Paramount win than Netflix. Netflix would cause the death of cinema (as we know it, at least) and physical media.

[eny]

Guess who is involved in the funding? Kushner, SA, Qatar and Abu Dhabi.

[Animalmother]

So this is why Trump is suddenly concerned about it then.

[Wrathbone]

https://www.bbc.co.uk/news/articles/cz687wv9vqxo

Paramount had said its offer was "superior" to a $72bn deal that Warner Bros struck with Netflix for its film and streaming businesses.

But Warner Bros's board "unanimously" recommended a rejection of the offer and agreed the deal with Netflix was in the firm's best interests, a statement to shareholders said.

Welp. So long, cinema.

[Raid]

Was there actually a good ending here? The Paramount bid was the one backed by Saudi Arabia and Jared Kushner.