I get that losing the WB bid shouldn't technically touch us, but with this leadership I can't shake the feeling they'll react by doubling down on cost cutting and trimming more people than they originally meant to. Maybe it's paranoia, but when big egos take a hit, they usually find someone else to pay for it.
4 replies (most recent on top)
@es The market nor industry is favoring this move
@OP Let's be clear - The proposed acquisition of WB needs to be approved by shareholders AND by various regulators in the US and internationally. Paramount has taken its offer directly to shareholders today, basically the same offer that was rejected by the WB board last week. The market is favouring this move. This is not over.
Lol. Um check your facts before you post random erroneous fodder . ParaSky now bidding $108 Billion for wbd - um that affects every single person
Of course it will affect us - if Netflix deal does goes through - it puts us in an extremely challenging situation and with that will come cost-cutting and layoffs. I’m not sure what their plans are in the next 12-18 months that it will take for Netflix to get regulatory approval - but either way if I was DE and leadership, I’d be thinking of cost cutting as soon as next year. They either need more funding for a WB takeover or they need more dollars to keep up with the crazy consolidation that’s about to happen.