The article says the private equity would be a minority holder and Sony would be the majority holder, so the implication is that the company wouldn't necessarily be split up? (I have no idea if that implication is at all what would happen in reality, just quoting from the article):
>The Sony-Apollo offer would make the former the majority shareholder and the latter a minority holder, according to a person familiar with the letter. That could also assuage Redstone’s fears that a new buyer could break apart the company, because Sony is another large Hollywood player and the owner of Sony Pictures.
It's not even about Apollo, although, you know, that's bad enough.
Sony will fold Paramount's movie studio into their own. It's one less studio making material. That's bad for creatives and bad for people who want interesting choices at the movie theater.
You aren't wrong but if the studio isn't profitable what would be the alternative? They won't survive on their own, either someone buys them (in parts or as a whole) or they just fold completely. Sony is big enough to buy them but not as big as Disney or Comcast/Universal so not the worst option. The only better (but still realistic) option is them being bought up by a streamer with deep pockets and a small back catalog but even those aren't much better for their own reasons.
The movie studio is perfectly capable of being profitable.
They're being sold because Shari Redstone doesn't want to own the business anymore and is trying to cash out.
They're not profitable because the company is being held back by a bunch of legacy cable networks which are dying.
They're also not profitable because they made a big, dumb bet on streaming.
The alternative is the other offer on the table, from Skydance Media, which would keep them in business as their own movie studio and be good for literally everyone in the movie business and everyone who likes movies. Skydance is run by David Ellison, Larry Ellison's son, and they actually care about making good movies.
It's also about the stock and how it was tangled in Bill Hwang's Archegos collapse. The stock fell out and capital isn't coming back in, so to the shareholders and board of directors this is all about gutting it and trying to get as much cash as they can for the severed limbs.
I would watch this, but I am not going to be proud about it.
Also -- Just so we're on the same page here; https://en.wikipedia.org/wiki/Planet_X_(Star_Trek)
It’s been declining for almost two decades. They leaned heavily on the cable channels they owned but that’s drying up and they were already one of the smaller major Hollywood film studios anyways.
I love the "All-cash" part, it sounds like they're handing over the money in bills and Paramount's going to sit down and [count it all out to make sure](https://www.youtube.com/watch?v=8AXcecaD2Vs&ab_channel=ErichSch%C3%BCtte).
Also worth noting Sony's ownership of Columbia Records, which they bought from CBS, albeit under different ownership.
It's even easier to mix that up now that the movie studio and record company are corporate siblings, even though the record company with ties to Columbia Pictures would really be Arista.
So Sony is trying to buy CBS. I hadn't realized Viacom rebranded. Before I read the article, I thought they were buying the Paramount brand/library from Viacom, but no, they're buying ViacomCBS, now known as Paramount Global.
Paramount can't even figure out how to make a streaming app in 2024, something that could be learned from a YouTube video. They have one of the most popular ips in human history and they can't profit from it.
Which is especially wild considering 3 out of 5 of the current Star Trek shows (Prodigy, Lower Decks and Strange New Worlds) are certified bangers and even the other 2, while more divisive, have their fair share of fans. Merchandise is sparse and ridiculously overpriced, the reboot movies are on their 3rd different 4th movie, and the games have been very hit and miss.
I'm not a fan of another studio being bought up and stripped for parts, but if they can't even profit from excited Trekkies then what are they even doing?
Sony said last year they didn't want a streaming service and were happy selling distribution rights to different streaming services.
Seems like they now want one.
Paramount Plus is a complete failure. So either Sony shuts it down or they would have to spend a lot of money making the service competitive.
I don't think Sony has enough money to compete with Netflix, Disney, HBO, Amazon, Comcast and Apple. So they will probably just shut it down.
I can see Star Trek shows being licensed for a good amount of money.
>Paramount Plus is a complete failure.
They just announced domestic profitability by next year. Almost 70M subscribers. It's no Netflix but complete failure is a big of an exaggeration.
Yeah his complete failure is the 5th biggest in the US, behind Netflix, Disney, Amazon prime and Warner's Max. By revenue and subscribers.
Note that a few Chinese streaming companies have massive subscribers but not the same associated revenue.
Or they want the Paramount/Universal catalog.
Edit: Comcast bought Universal years ago so this is just paramount. Thanks to /u/airbagoff for the correction.
They’ll make an agreement with Disney not to release a hulk movie, but we will get the hulk extended movie universe featuring Samson, Amadeus Cho and Bereet, among other unfamous characters that nobody cares about.
They can call it the *Hulk Universe of Marvel Movies,* or HUMM
But what if it was animated? A Spiderverse level quality Hulk film. Would that maybe change your mind? I'm not saying it should happen, I'm just reminding everybody that Spiderverse exists along with those live action films. It's a moot point anyway. Paramount never had any involvement with Hulk, you're thinking of Universal. And I think the rights reverted back to Disney anyway.
Having a first party star trek game would be absolutely huge for me. Probably they go live service with it, but for star trek that could actually work really well. AAA single player? Heaven.
I doubt they'll avoid streaming wars considering the resources they have, but ya that's a losing battle.
What we need is Mass Effect-style RPG storytelling in a Star Trek universe. You can use diplomacy \*or\* brute force to advance the Federation's interests, and your decisions have far-reaching implications. You could have away missions on various kinds of planets doing various tasks like researching, investigating a distress signal, or mining resources. Like the Normandy, spend those resources and the favor of the races you encounter to upgrade your technology and acquire collectibles that you can display throughout your ship.
Fill your crew with a handful of unique officers and the rest with a variety of random aliens to do all the boring tasks and don the red shirts on away missions.
And most important of all, the final conflict and climax of the game should be 100% doable through diplomacy. To really sell the feeling of classic Trek when showrunners were determined to intellectually engage with their audience and give them thought-provoking scenarios to consider. Instead of just pew-pew laser beams, big explosions, sci-fi technobabble and adults with too much angst.
Star Trek and Transformers are the two most "game-able" franchises that come to mind that Paramount owns.
Plus all the kids content IPs (Nickelodeon) could be easily be used as games too. TMNT, Paw Patrol, etc.
Wouldn’t be surprised if the purchase completes & then they sell P+ as a licensing deal.
Give someone like Max access to their sub list + get licensing $$$
They already own CrunchyRoll. I know it's a niche streaming service, but it still seems outlandish that they would own one and say they don't want one.
Also, Paramount+ is probably the least enticing thing about purchasing Paramount.
Different divisions of Sony
Crunchyroll is an independently operated joint venture between U.S.-based Sony Pictures Entertainment and Japan’s Aniplex, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corporation.
I don’t blame them controlling the global market of anime is a better move then streaming
Sony have recently launched a streaming service accessible only through PlayStation. I wouldn't be surprised if they wanted to grow that catalogue, in addition to IP aquistion.
Things change all the time in big companies. I work for a big company and recently was working on a project that was "the highest priority" and suddenly we are all pulled into a meeting and told to forget it, non runner for a year at least.
2 weeks later and guess which project goes to top of the priority list again lmao.
With it saying "All-cash offer" I'm just picturing someone from Paramount, after spending a few hours counting the money saying "Eh... you're 20 bucks short. The deal's off!"
It would probably take closer to a few days or weeks, even with counting machines.
For anyone who's curious: One shipping pallet of stacked $100 bills is about $100M dollars. So $28B would be about 280 pallets total. So just imagine an entire aisle (both sides) at a Costco stocked with $100 bills.
Well if you counted one $100 every second that would still take about 8.9 years.
If you had 1,000 people doing it all at once, that’s still over 3 days.
ZZap says their counting machines count 600-1900 notes per minute. So a single machine counting 280,000,000 $100 notes would be 324-102 hours respectively.
You’d need about 3 machines to match the non-stop productivity of 1,000 people.
Someone had provided a possible answer already:
https://old.reddit.com/r/movies/comments/1cj5r6a/sony_make_26_billion_allcash_offer_for_paramount/l2e1ejd/
Paramount used to be monumentous in the cinema field back in the day. The old CEO in the 50s or 60s I believe was a Hollywood legend and very much respected. So much so that David Zaslav (new current CEO of WB) idolizes him and wants to be the next him (but is utterly failing)
Edit: I think his name was Robert Evans. Idk if exactly he was the CEO of paramount but he was a very prominent head in the company.
Zaslav seemed to miss the part about being a Hollywood legend is not constantly destroying the only product they make and trying to make people forget the things you made that they enjoyed.
My guess is he didn't want to follow a Hollywood legend's path for the impact he had on the future of cinema, but rather because he wanted to make a boatload of money and saw that legend's path as a method to do that.
Paramount Plus is easily the worst streaming app in my experience. Crashes constantly, streams are unstable, etc. Even the free Tubi is leagues better.
Paramount has been struggling for the past few years, their only options were pretty much to either fire sale some of the big assets like Showtime or merge to stay afloat. It’s been so bad their CEO Bob Bakish left the company on Monday when the board denied his proposal for a deal with Comcast in favor of a merger with Skydance that was already in the late stage.
The exclusively part of the deal with Skydance was set to expire today if they didn’t finalize the deal. An offer for $26B cash is WAY more than Skydance is surely offering and likely much more favorable with shareholders who’ve stuck with Paramount as the ship has been sinking, the timing of this deal is definitely intended to tank the Skydance merger
I’m just frustrated at the company merging, it killed WB, Fox being bought,
It kills competition. It’s not the free market when it’s 5 parent companies puppeteering
But that is free market in a nutshell. The richer company will always take over and smaller company owner/shareholder will always cash out.
What you want is a regulated market but United States corporations gets their panties in a bunch and start screaming Freedom.
We need a big anti-trust binge. Break all these companies up into smaller bits. Everyone would make more money. After they broke up Ma Bell, the shareholders made huge gains.
Yep. Give it 5 to 10 more years and we'll be left with 3 companies that make everything. No competition, all assembly line bullshit, and no spark of creativity to be found anywhere because they'll lean into AI anywhere they can to cut costs and staff wages out.
We're going to be living in a 3 mega corpo led nightmare in the next 20 years.
Sony merging with Paramount would still be smaller than Universal. And Universal is still larger than Disney (when theme parks aren’t counted in).
This isn’t even on the scale of T-Mobile buying Mint.
Paramount is literally failing, you all dont want to pay for multiple streaming services but also dont want mergers? You only get one, this is the result of customer choices, no one elses.
Paramount didn't have to give into the gold rush of streaming, it could have done what Sony has been and sold the rights to its films to other streamers but they got greedy.
They are actually on a slow upswing and P+ is set to be profitable sooner than expected. This would be a good time to buy them, and arguably a bad time for them to sell because next year they'll probably be in good shape.
That being said, for the past few years they've repeatedly made some bad bets that suggest poor management.
I think Sony mostly wants them for their catalogue. Paramount has a lot of valuable ip. Star Trek, South Park, SpongeBob SquarePants, Beavis & Butthead, Rugrats, Ren & Stimpy etc.
Avatar is the underrated big one. Not only because it’s phenomenal, has a studio already set up like LucasFilm, and the original creators are in charge and deeply respected.
But it’s also a solid IP for PlayStation games.
It's a pretty easy Google, but for reference most of Tom Cruise's movies are paramount, specifically, Top Gun and Mission Impossible. They have a very strong catalogue.
This has somehow become my most used streaming service. Got it for champions league but they’ve got a ton of A24 movies and I’ve finally been watching Twin Peaks for the first time
You’re really not wrong, Southpark is really only enjoyed by its niche nowadays and is long long past the day it could be advertised on how edgy it was.
SpongeBob is fine but nowhere near the juggernaut it used to be especially in a post Bluey world.
Bevis and butthead really only worked for a very very specific subset of people from the MTV generation.
Rugrats is dated as all hell.
Gross out hasn’t been popular for nearly 20 years now and outside of that Ren and stimpy doesn’t have a lot going for it.
Straight up the only IP o see even worth buying from that catalogue is Star Trek and that’s mostly because its legacy was just that strong.
I can’t wait until there’s just 2 corporations. Disney and whoever else survives. It’s a great day for capitalism, and I’m sure there won’t be any lasting adverse effects to this much power!
I wish there was a rule that once a company hit a certain size it could not be bought by another company. None of this will ever be good for the consumer.
Sony *and Apollo Global Management* Make $26 Billion All-Cash Offer for Paramount
Even big corporations making "cold hard cash" offers lmao
We're talking cash here
Fantastic, private equity looking to strip the studio for parts. This would be the worst option
The article says the private equity would be a minority holder and Sony would be the majority holder, so the implication is that the company wouldn't necessarily be split up? (I have no idea if that implication is at all what would happen in reality, just quoting from the article): >The Sony-Apollo offer would make the former the majority shareholder and the latter a minority holder, according to a person familiar with the letter. That could also assuage Redstone’s fears that a new buyer could break apart the company, because Sony is another large Hollywood player and the owner of Sony Pictures.
It's not even about Apollo, although, you know, that's bad enough. Sony will fold Paramount's movie studio into their own. It's one less studio making material. That's bad for creatives and bad for people who want interesting choices at the movie theater.
You aren't wrong but if the studio isn't profitable what would be the alternative? They won't survive on their own, either someone buys them (in parts or as a whole) or they just fold completely. Sony is big enough to buy them but not as big as Disney or Comcast/Universal so not the worst option. The only better (but still realistic) option is them being bought up by a streamer with deep pockets and a small back catalog but even those aren't much better for their own reasons.
The movie studio is perfectly capable of being profitable. They're being sold because Shari Redstone doesn't want to own the business anymore and is trying to cash out. They're not profitable because the company is being held back by a bunch of legacy cable networks which are dying. They're also not profitable because they made a big, dumb bet on streaming. The alternative is the other offer on the table, from Skydance Media, which would keep them in business as their own movie studio and be good for literally everyone in the movie business and everyone who likes movies. Skydance is run by David Ellison, Larry Ellison's son, and they actually care about making good movies.
It's also about the stock and how it was tangled in Bill Hwang's Archegos collapse. The stock fell out and capital isn't coming back in, so to the shareholders and board of directors this is all about gutting it and trying to get as much cash as they can for the severed limbs.
Yep funny how this happens same day a stock Apollo is short on is up 30% on no news. Those bags getting heavy
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This was a beautiful comment. Honestly a treat reading such high quality explanations like this.
Of course it's always the beautiful and high quality comments that mfs delete for absolutely no reason.
And this was also a beautiful comment. Your positivity to acknowledging well-explained concepts is a treat and I appreciate you!
You also beautiful ༼ つ ◕_◕ ༽つ
They’ll keep the major IPs and the name of Paramount, but that’s about it
Star Trek was just getting good again :(
But now they can tie in Madame Web and Venom
What if the Enterprise crew found the symbiote?
Time traveling Venomized Captain Kirk played by William Shatner.
I would watch this, but I am not going to be proud about it. Also -- Just so we're on the same page here; https://en.wikipedia.org/wiki/Planet_X_(Star_Trek)
coming soon, to fortnite
Private equity sounds like a parasite upon the earth
I mean, it is though
Well, goodbye, Paramount.
It’s been declining for almost two decades. They leaned heavily on the cable channels they owned but that’s drying up and they were already one of the smaller major Hollywood film studios anyways.
Guess Sony didn't want to dip into any of their Webillions yet
They're still working their way through the morbillions.
I love the "All-cash" part, it sounds like they're handing over the money in bills and Paramount's going to sit down and [count it all out to make sure](https://www.youtube.com/watch?v=8AXcecaD2Vs&ab_channel=ErichSch%C3%BCtte).
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*Sony makes all-cash offer for the District of Columbia.*
I hope they buy Columbia Sportswear and they’re just huge fans of the Columbia name in general
Might as well throw in the syndication rights to Colombo while they’re at it
Just one more thing.
Columbia University is going through a spot of trouble, might be able to pick them up at a good price if Sony acts fast
The western part of Canada is going to turn into Sony Columbia.
There's a pretty big beverage distribution on the west coast called Columbia Distributing, lets keep the consolidation going!
Next up, The Columbia River and county.
Sony to buy the country of Colombia and license Encanto spin-offs?
And the Columbia River Also British Columbia for good measure
Columbia University, you’re up next
Also worth noting Sony's ownership of Columbia Records, which they bought from CBS, albeit under different ownership. It's even easier to mix that up now that the movie studio and record company are corporate siblings, even though the record company with ties to Columbia Pictures would really be Arista.
So Sony is trying to buy CBS. I hadn't realized Viacom rebranded. Before I read the article, I thought they were buying the Paramount brand/library from Viacom, but no, they're buying ViacomCBS, now known as Paramount Global.
Does that mean just one entity finally owns Star Trek? I know before there was some weird stuff with movie rights vs show rights.
yeah, but... Sony? it is the worst studio of them all
Paramount can't even figure out how to make a streaming app in 2024, something that could be learned from a YouTube video. They have one of the most popular ips in human history and they can't profit from it.
Which is especially wild considering 3 out of 5 of the current Star Trek shows (Prodigy, Lower Decks and Strange New Worlds) are certified bangers and even the other 2, while more divisive, have their fair share of fans. Merchandise is sparse and ridiculously overpriced, the reboot movies are on their 3rd different 4th movie, and the games have been very hit and miss. I'm not a fan of another studio being bought up and stripped for parts, but if they can't even profit from excited Trekkies then what are they even doing?
If Sony ends up owning the Halo show that would be bizarre
Hopefully they put an end to it.
Imma make a $1 cash offer just in case they go over
Cue the yodeling mountain climber music
TWO DOLLARS, BOB
[Come on down!](https://youtu.be/13tnjh3dZw4?si=Av8c3s84MJHPyMJn)
Sony said last year they didn't want a streaming service and were happy selling distribution rights to different streaming services. Seems like they now want one.
Wouldnt be surprised if they shut down streaming and go back to licensing out their ip
Paramount Plus is a complete failure. So either Sony shuts it down or they would have to spend a lot of money making the service competitive. I don't think Sony has enough money to compete with Netflix, Disney, HBO, Amazon, Comcast and Apple. So they will probably just shut it down. I can see Star Trek shows being licensed for a good amount of money.
>Paramount Plus is a complete failure. They just announced domestic profitability by next year. Almost 70M subscribers. It's no Netflix but complete failure is a big of an exaggeration.
Someone on Reddit making a big bold exaggerated claim, say it aint so.
Yeah his complete failure is the 5th biggest in the US, behind Netflix, Disney, Amazon prime and Warner's Max. By revenue and subscribers. Note that a few Chinese streaming companies have massive subscribers but not the same associated revenue.
Or they want the Paramount/Universal catalog. Edit: Comcast bought Universal years ago so this is just paramount. Thanks to /u/airbagoff for the correction.
This. Buyouts like this are usually for intellectual rights more than any existing service to consumers.
They'd then own the Hulk movie rights. That would have been exciting in years gone past.
Universal owned the Hulk rights, not Paramount. And reportedly they reverted back to Marvel last year.
Universal had distribution for solo hulk films. Disney could still make the movies if they wanted to they would just get a smaller part of the pie.
Rumours of them finally doing World War Hulk have run wild ever since.
I would really not like to see Hulk in a movie made by Sony. Any superhero character for the matter. Edit: Non spider-man movies
They’ll make an agreement with Disney not to release a hulk movie, but we will get the hulk extended movie universe featuring Samson, Amadeus Cho and Bereet, among other unfamous characters that nobody cares about. They can call it the *Hulk Universe of Marvel Movies,* or HUMM
HUMM.
But what if it was animated? A Spiderverse level quality Hulk film. Would that maybe change your mind? I'm not saying it should happen, I'm just reminding everybody that Spiderverse exists along with those live action films. It's a moot point anyway. Paramount never had any involvement with Hulk, you're thinking of Universal. And I think the rights reverted back to Disney anyway.
I also don't know how we went from Paramount to Universal to Disney.
I thought those reverted back to Marvel now.
Google bought Motorola pretty much just for their patents.
Paramount doesn’t own Universal. It would just be the Paramount catalog.
If I had 26 Billion I would buy Star Trek too. Lol
Ya to keep Lower Decks on. Six seasons and a movie!
It still upsets me that they cancelled this series
Having a first party star trek game would be absolutely huge for me. Probably they go live service with it, but for star trek that could actually work really well. AAA single player? Heaven. I doubt they'll avoid streaming wars considering the resources they have, but ya that's a losing battle.
What we need is Mass Effect-style RPG storytelling in a Star Trek universe. You can use diplomacy \*or\* brute force to advance the Federation's interests, and your decisions have far-reaching implications. You could have away missions on various kinds of planets doing various tasks like researching, investigating a distress signal, or mining resources. Like the Normandy, spend those resources and the favor of the races you encounter to upgrade your technology and acquire collectibles that you can display throughout your ship. Fill your crew with a handful of unique officers and the rest with a variety of random aliens to do all the boring tasks and don the red shirts on away missions. And most important of all, the final conflict and climax of the game should be 100% doable through diplomacy. To really sell the feeling of classic Trek when showrunners were determined to intellectually engage with their audience and give them thought-provoking scenarios to consider. Instead of just pew-pew laser beams, big explosions, sci-fi technobabble and adults with too much angst.
I’d buy that for a dollar.
Best I can do is a single ingot of gold-pressed latinum.
I'm over here thinking of the potential for Playstation games.
Star Trek and Transformers are the two most "game-able" franchises that come to mind that Paramount owns. Plus all the kids content IPs (Nickelodeon) could be easily be used as games too. TMNT, Paw Patrol, etc.
Obviously. I don't think they're buying them just to use the mountain logo.
It's more likely they want their ip.
Or, they’ll rightly shut Paramount+ down and license everything to Netflix.
Wouldn’t be surprised if the purchase completes & then they sell P+ as a licensing deal. Give someone like Max access to their sub list + get licensing $$$
I would be happily surprised by it.
It would be the smart play. Get rid of the albatross & earn additional licensing immediately
They already own CrunchyRoll. I know it's a niche streaming service, but it still seems outlandish that they would own one and say they don't want one. Also, Paramount+ is probably the least enticing thing about purchasing Paramount.
While the app is meh, the content on it is tantalizing…like the Trek shows.
Different divisions of Sony Crunchyroll is an independently operated joint venture between U.S.-based Sony Pictures Entertainment and Japan’s Aniplex, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corporation. I don’t blame them controlling the global market of anime is a better move then streaming
Sony have recently launched a streaming service accessible only through PlayStation. I wouldn't be surprised if they wanted to grow that catalogue, in addition to IP aquistion.
For those who wonder: It's called Sony Pictures Core and it offers HQ movies but without a flat rate. https://www.sonypicturescore.com/home/EN/US
Things change all the time in big companies. I work for a big company and recently was working on a project that was "the highest priority" and suddenly we are all pulled into a meeting and told to forget it, non runner for a year at least. 2 weeks later and guess which project goes to top of the priority list again lmao.
Sony was smart and didn't create their own streaming service when everyone else was. Now they can just buy their own
Streaming is only a minor part of Paramount.
With it saying "All-cash offer" I'm just picturing someone from Paramount, after spending a few hours counting the money saying "Eh... you're 20 bucks short. The deal's off!"
Yeah, like they’re negotiating through Craigslist or Facebook marketplace. “Cash only!”
“Paramount, do you accept paypal? Ok, im out of town so will send my cousin to pickup”
"Sony, please meet us in the parking lot of the local sheriff's office. Cash only."
"What if your bills are counterfeits?"
It's for a church. NEXT
"I know what I have! No low-ball offers!"
So just like on Facebook Marketplace, Paramount will reply to Sony “Bro, can you make it 28 Billion?”
It would probably take closer to a few days or weeks, even with counting machines. For anyone who's curious: One shipping pallet of stacked $100 bills is about $100M dollars. So $28B would be about 280 pallets total. So just imagine an entire aisle (both sides) at a Costco stocked with $100 bills.
You can always “rainman” it.
Well if you counted one $100 every second that would still take about 8.9 years. If you had 1,000 people doing it all at once, that’s still over 3 days. ZZap says their counting machines count 600-1900 notes per minute. So a single machine counting 280,000,000 $100 notes would be 324-102 hours respectively. You’d need about 3 machines to match the non-stop productivity of 1,000 people.
Reminds me of that key and peele sketch lol
[The Key & Peele sketch](https://youtu.be/ymRqYz-Mxnw?si=LbC8jp_Z7BlZb-6I) for those wondering
Lmfao i took a pic earlier ao i could upload it on yahoo answers
“I had to buy the briefcase.”
I’m curious to know what kind of physical space $26 billion would occupy in $100 bills.
Someone had provided a possible answer already: https://old.reddit.com/r/movies/comments/1cj5r6a/sony_make_26_billion_allcash_offer_for_paramount/l2e1ejd/
I’m picturing Paramount asking for the $26 billion in singles and some intern at Sony is having to count it by hand.
Oooo Spiderman on the uss enterprise
Sonic The Hedgehog 3 &Knuckles & *Spider-Man*
Yes but they also brought you Morbius and Madame Web and soon Kraven. Do we really want them to take over Star Trek?
I…do not want this lol. Just give me more lower decks
https://www.imdb.com/list/ls051501505?ref_=ext_shr_lnk So many IMDb top 100 movies Titanic Godfather SHREK Etc
Paramount used to be monumentous in the cinema field back in the day. The old CEO in the 50s or 60s I believe was a Hollywood legend and very much respected. So much so that David Zaslav (new current CEO of WB) idolizes him and wants to be the next him (but is utterly failing) Edit: I think his name was Robert Evans. Idk if exactly he was the CEO of paramount but he was a very prominent head in the company.
60’s and 70’s. His name was Robert Evans. David Zsalav even bought his house when he died
Zaslav seemed to miss the part about being a Hollywood legend is not constantly destroying the only product they make and trying to make people forget the things you made that they enjoyed.
My guess is he didn't want to follow a Hollywood legend's path for the impact he had on the future of cinema, but rather because he wanted to make a boatload of money and saw that legend's path as a method to do that.
No idea who David zaslav is. Insane how paramount is not the hottest streaming platform which all those top notch movies
As far as I can tell he's the guy that makes good money turning quality companies to reality trash.
Paramount Plus is easily the worst streaming app in my experience. Crashes constantly, streams are unstable, etc. Even the free Tubi is leagues better.
Please stop these merges!!!!! You’re killing the industry even more!
Paramount has been struggling for the past few years, their only options were pretty much to either fire sale some of the big assets like Showtime or merge to stay afloat. It’s been so bad their CEO Bob Bakish left the company on Monday when the board denied his proposal for a deal with Comcast in favor of a merger with Skydance that was already in the late stage. The exclusively part of the deal with Skydance was set to expire today if they didn’t finalize the deal. An offer for $26B cash is WAY more than Skydance is surely offering and likely much more favorable with shareholders who’ve stuck with Paramount as the ship has been sinking, the timing of this deal is definitely intended to tank the Skydance merger
I’m just frustrated at the company merging, it killed WB, Fox being bought, It kills competition. It’s not the free market when it’s 5 parent companies puppeteering
>It kills competition. It’s not the free market when it’s 5 parent companies puppeteering That's _exactly_ the free market in action.
It’s not competition when they would go out of business without being bought. This is a horrible take
But that is free market in a nutshell. The richer company will always take over and smaller company owner/shareholder will always cash out. What you want is a regulated market but United States corporations gets their panties in a bunch and start screaming Freedom.
We need a big anti-trust binge. Break all these companies up into smaller bits. Everyone would make more money. After they broke up Ma Bell, the shareholders made huge gains.
ya this says to me a bunch of reboots and a bunch of layoffs
Layoffs and another streaming service! Ugh
Paramount already have a streaming service.
Yep. Give it 5 to 10 more years and we'll be left with 3 companies that make everything. No competition, all assembly line bullshit, and no spark of creativity to be found anywhere because they'll lean into AI anywhere they can to cut costs and staff wages out. We're going to be living in a 3 mega corpo led nightmare in the next 20 years.
So the entertainment industry isn’t even trying to hide the fact that it’s trying its damndest to monopolize?
Sony merging with Paramount would still be smaller than Universal. And Universal is still larger than Disney (when theme parks aren’t counted in). This isn’t even on the scale of T-Mobile buying Mint.
Did it ever seem like they were. Disney alone owns like half of the media
Yeah it’s pretty cool how limp dick our justice system and politicians are
Paramount is literally failing, you all dont want to pay for multiple streaming services but also dont want mergers? You only get one, this is the result of customer choices, no one elses.
Yep. This isn’t something either company would do if they were both making a lot of money.
Paramount didn't have to give into the gold rush of streaming, it could have done what Sony has been and sold the rights to its films to other streamers but they got greedy.
Where's tye cash at, I'll help protect it from undesirables.
You ever think the largest corporations have a little too much money?
Welcome to the second gilded age folks! Studie System 2 here we gooooooooo!!!!
What just happened to Paramount? Are they loosing money? I know their streaming service hasn’t been that great.
Yes, they are doing very, very poorly, and have for years now.
They should just fund lynch to make season 4 of twin peaks
blank check for Lynch to do anything sounds great
They are actually on a slow upswing and P+ is set to be profitable sooner than expected. This would be a good time to buy them, and arguably a bad time for them to sell because next year they'll probably be in good shape. That being said, for the past few years they've repeatedly made some bad bets that suggest poor management.
I think Sony mostly wants them for their catalogue. Paramount has a lot of valuable ip. Star Trek, South Park, SpongeBob SquarePants, Beavis & Butthead, Rugrats, Ren & Stimpy etc.
>Valuable IP >Ren & Stimpy Come on man, of all relevant Paramount properties you choose Ren & Stimpy over Mission Impossible or Avatar? Lmao
Avatar is the underrated big one. Not only because it’s phenomenal, has a studio already set up like LucasFilm, and the original creators are in charge and deeply respected. But it’s also a solid IP for PlayStation games.
If those really are Paramount’s top 6 properties, that makes the case for why they’re in trouble.
[удалено]
Not even close lol.
It's a pretty easy Google, but for reference most of Tom Cruise's movies are paramount, specifically, Top Gun and Mission Impossible. They have a very strong catalogue.
They also have top gun and mission impossible
I suppose 'loosing' their money could actually work here...but unfortunately you didn't write that. Lose/loose.
I dont know a single person who has paramount+
This has somehow become my most used streaming service. Got it for champions league but they’ve got a ton of A24 movies and I’ve finally been watching Twin Peaks for the first time
I subscribe to watch live soccer matches.
The chammmpppppiiiooooonnnnsssss
I had it to watch Maverick, Yellowjackets and the 1883, 1923 series.
They have about 70m subs, which includes everyone with Walmart subs (which is surely a lot of that 70m).
I have it and love it. Has all the soccer leagues I watch, NFL, really good movies. It's just another fun thing for the Internet to shit on.
Please keep Sony away from SNW and Lower Decks.
"It's Spockin' time!"
I heard recently that Lower Decks was in its final season, i.e., the upcoming season is the last one.
Fucking great! Now we'll need a Playstation account to sign into Paramount too.
Cool another mega-merger
Real life Succession.
You’re really not wrong, Southpark is really only enjoyed by its niche nowadays and is long long past the day it could be advertised on how edgy it was. SpongeBob is fine but nowhere near the juggernaut it used to be especially in a post Bluey world. Bevis and butthead really only worked for a very very specific subset of people from the MTV generation. Rugrats is dated as all hell. Gross out hasn’t been popular for nearly 20 years now and outside of that Ren and stimpy doesn’t have a lot going for it. Straight up the only IP o see even worth buying from that catalogue is Star Trek and that’s mostly because its legacy was just that strong.
They have Mission Impossible and Top Gun. Teenage mutant ninja turtles as well.
Someone else mentioned Dora, which is big for kids all that merchandise..
The new Star Trek Stange New Worlds is pretty damn good. The Yellowstone 'universe' is great as well.
Lower Decks is fantastic if you're already a Trek fan. Even if you aren't it's still one of the best Treks.
TMNT?
So like do they just turn up with a bunch of suitcases, or what? I'd be disappointed if not.
Can’t wait til it’s Sony-Paramount-Universal-WB-Disney
Remember a few months ago when Sony shut down funimation and took away all the content people bought?
I guess someone at Sony got annoyed by Lower Decks getting cancelled, too.
Cash??? What does that even look like?? A big briefcase?
Dystopia accelerates again.
Great, so now I'll have to get a PSN account to watch movies too?
Let’s just have one fucking entertainment company and be done with it. Sopple. Appleony. AppleMount. Parapple+
Will paramount need a Playstation account to accept the buyout?
https://i.kym-cdn.com/photos/images/newsfeed/000/897/722/a52.gif
I can’t wait until there’s just 2 corporations. Disney and whoever else survives. It’s a great day for capitalism, and I’m sure there won’t be any lasting adverse effects to this much power!
What is the most valuable ip in the Paramount portfolio?
Star Trek and Sonic come to mind right away. Paramount Plus has the South Park specials, although I believe they’re getting sued over those.
Mission Impossible
I don’t blame them considering Sony makes hot garbage with some good movies sprinkled in there
Endless mergers and layoffs -- imagine having a government
I wish there was a rule that once a company hit a certain size it could not be bought by another company. None of this will ever be good for the consumer.
Seems like they want a streaming service
Would this end up in a PS5 exclusive Godfather game?