News WB/Paramount merger talks

[Danja]

It figures ...

WBD is $55 billion in debt. They really don't need to take on any more.

 

[eschaton]

It figures ...

WBD is $55 billion in debt. They really don't need to take on any more.

Maybe they're strategy was to grow "too big to fail" like the major banks and hope that the government bailed them out?

 

[F. King Daniel]

Thank goodness it won't be WB.

 

[DaveyNY]

Kinda sounds like the company is going to eventually be broken up to sell off the assets because nobody wants to take on the debt and/or they are only interested in certain aspects of it.

 

[Noname Given]

Kinda sounds like the company is going to eventually be broken up to sell off the assets because nobody wants to take on the debt and/or they are only interested in certain aspects of it.

There's no indication of anything like that happening at all at this point.

 

[Mudd]

Paramount Global’s Debt Rating Downgraded to Junk by S&P - Analyst says more buyers likely to emerge for media company's assets with ratings cut