• TrackinDaKraken@lemmy.world
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    15 days ago

    The British government has cleared Paramount Skydance’s $110 billion takeover of Warner Bros. Discovery, saying it had received assurances millions from the company. over media diversity.

  • wewbull@feddit.uk
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    15 days ago

    Can I hope it was cleared so as to financial stretch the Ellisons as much as possible and put them closer to bankruptcy?

    No? Damn it!

    • NekoKoneko@lemmy.world
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      15 days ago

      Oracle is heavily inflated by the AI bubble. It’s not crazy to think Larry Ellison may be squeezed hard by a bubble pop, paying significant amounts for WB, and the heavy debt the new company will now have to service.