Step 1: buy the company and give the current executives massive paychecks from the bank loans.
Step 2: Apply the loans to the liabilities of the purchased company that it then has to pay back.
Step 3: Fuck over the employees with wage freezes, benefit reductions, hiring freezes because of the massive interest due on the loan.
Step 4: Fuck over the customers as much as possible with reduction in quality and an increase in price to pay off the loan.
Step 5: Extract as large as possible compensation for the executive team with massive bonuses for reaching goals by fucking over the employees and customers.
Step 6: when the whole thing starts to fall apart, start laying off employees, and try to offload the company to somebody else to get the executives a other massive paychecks.
Only for normal people. If you are rich or a company like this you can leverage assets for a rate lower than the rate of return on your investments and come out ahead by financing over paying cash. Rich people don't pay cash for anything.
Well, in fact it's not that complicated - shareholders literally own the company - and this ownership results in both the right to decide what happens to the company and receiving dividends, which are supposed to come from the company's surplus funds. In reality it's not that straightforward, but that's the general idea. So if a company spends money, you can think of it as spending shareholders' money allocated in the company's assets.
Sorry, I meant the whole idea is simple, but in reality capitalists exploit every single loophole to gain even more money, so there are laws against a lot of stuff - it would be that simple if people were trustworthy.
they will justify the merger, the money they spent on it by increasing the price. since they already removed phone casting, it be funny what stuff they cook up to restrict more access to more than one person.
The various media owners to lease out their licenses to a small handful of competing services and for the streaming services to choose which material was worth the lease cost to stay competitive.
Companies not to vertically integrate. Production studios should produce movies, and streaming platforms should provide a platform for people to access movies. If Spotify made its own music it would be absurd, right? Well, yeah.
Netflix has 300 million subscribers. Buying WB for $80 Billions means every subscriber has to pay at least ~266$ for Netflix to break even. That's about $4.50 per month per subscriber if you spread it out over 5 years. Get ready for for some price hikes.
This is the best possible outcome out of a very shitty list. They haf to sell, Disney already owns too much, Jeff Bezos would monetize it in the worst possible ways, and Larry Ellison is the most evil billionaire in the US. Yes, much worse than Elon, Zuck, Bezos, etc.
EDIT: Unfortunately Larry Ellison could still buy the global division which includes CNN. Netflix is only buying the studios and streaming. Still no idea what happens to DC Comics but I think it goes with global?
Yeah people don’t realize what an awful person Ellison is because he hasn’t made as many headlines as of late. But anyone that’s been within 500 ft of Oracle knows.
He's already doing that with CBS News, minus the "-lite." We are going to see full-on MAGA media propaganda on a national broadcast channel from now on, not just in the news, but in their programming.
TV programming is already very conservative, with all their Copaganda. Now it's going to get much, much worse.
Is it? Paramount+Larry Ellison+the Saudis was not a particular great alternative either. I guess only time will tell, how this turns out.
With Paramount I think there would have been the risk of WB remaining in a similar form, but being ideologically twisted.
With Netflix or course there is a larger risk towards theatrical and physical releases as it goes against their primary business model. And the biggest threat to creativity is not ideology, but in a way the opposite. Lack thereof and instead focus on just metrics like short term viewership numbers.
The best option out of the bad ones would have probably been something like Comcast. Or in my dreams wb would have just stayed independent, splitting of linear assets. They have a ton of debt, but imo eventually they'd have been strong enough to survive. Bur I guess sadly this wasn't the most lucrative path.
with NUTREK being so poorly made as it is, paramount/ellison might finally either try to astroturf it or shut down the franchise. isnt physical release where all the pirating is sourced from, or at least most of them.
Shiver me timbers! Netflix is the last streaming service I've kept, because it (so far) hasn't started showing me ads. I REFUSE TO PAY FOR ADS! Also, when they jack up the price from this merger, I'm out.
@SubArcticTundra@TheImpressiveX You mean WaltNetSonify ? Not likely to happen visibly as they got to keep avoiding anti-trust laws and simulate diversity, just like in supermarket shelves. Oligopolies are better at that.
That is my nightmare. There isnt a single fantasy book series to television adaptation that hasnt been absolutely horrible. Dont ruin my cosmere stuff please
60 Comments
SantasMagicalComfort@piefed.world · 112 pts · 282d
If Netflix has this much money then I feel less bad about pirating their content for years now.
IWW4@lemmy.zip · 28 pts · 282d
This will all be financed
The_v@lemmy.world · 13 pts · 282d
Yep,
Step 1: buy the company and give the current executives massive paychecks from the bank loans.
Step 2: Apply the loans to the liabilities of the purchased company that it then has to pay back.
Step 3: Fuck over the employees with wage freezes, benefit reductions, hiring freezes because of the massive interest due on the loan.
Step 4: Fuck over the customers as much as possible with reduction in quality and an increase in price to pay off the loan.
Step 5: Extract as large as possible compensation for the executive team with massive bonuses for reaching goals by fucking over the employees and customers.
Step 6: when the whole thing starts to fall apart, start laying off employees, and try to offload the company to somebody else to get the executives a other massive paychecks.
Step 7: Repeat with the next company.
clif@lemmy.world · 4 pts · 282d
This person businesses.
Formfiller@lemmy.world · 1 pts · 281d
All correct except you forgot the shareholders
SantasMagicalComfort@piefed.world · 8 pts · 282d
It typically costs more money to finance something.
UnspecificGravity@piefed.social · 14 pts · 282d
Only for normal people. If you are rich or a company like this you can leverage assets for a rate lower than the rate of return on your investments and come out ahead by financing over paying cash. Rich people don't pay cash for anything.
yakko@feddit.uk · 8 pts · 282d
Shareholders foot the bill, ultimately.
SantasMagicalComfort@piefed.world · 4 pts · 282d
Not the subscribers but the shareholders?
I'll never understand economics.
pankuleczkapl@lemmy.dbzer0.com · 4 pts · 282d
Well, in fact it's not that complicated - shareholders literally own the company - and this ownership results in both the right to decide what happens to the company and receiving dividends, which are supposed to come from the company's surplus funds. In reality it's not that straightforward, but that's the general idea. So if a company spends money, you can think of it as spending shareholders' money allocated in the company's assets.
SantasMagicalComfort@piefed.world · 5 pts · 282d
Well now I’m really fucking confused.
pankuleczkapl@lemmy.dbzer0.com · 3 pts · 281d
Sorry, I meant the whole idea is simple, but in reality capitalists exploit every single loophole to gain even more money, so there are laws against a lot of stuff - it would be that simple if people were trustworthy.
yakko@feddit.uk · 2 pts · 282d
Probably both to varying degrees. Neither will I.
IWW4@lemmy.zip · 2 pts · 281d
The people buying it don’t give a fuck.. it will be repaid by the company they are buying
UnspecificGravity@piefed.social · 0 pts · 282d
Blackmist@feddit.uk · 14 pts · 282d
They've clearly got too much (fucking wrestling?), but somehow not enough for anything I want to watch.
Tollana1234567@lemmy.today · 2 pts · 281d
Reality shows slop, wrestling is basically that, sinc eits not true "wrestling" is where the money is at.
Tollana1234567@lemmy.today · 5 pts · 281d
them cancelling shows should be the reason.
cloudless@piefed.social · 84 pts · 282d
Get ready for Ultra Premium™️ subscription price hikes.
Fermion@mander.xyz · 57 pts · 282d
Someone has to pay for that acquisition, and it won't be the shareholders.
Tollana1234567@lemmy.today · 4 pts · 281d
subscription. they are probably going to either force a bundling package, or increase the price of netflix to compensate.
anomnom@sh.itjust.works · 3 pts · 282d
Usually its debt in the new company with these scumbags.
Deceptichum@quokk.au · 30 pts · 282d
kratoz29@lemmy.zip · 4 pts · 281d
But just don't pirate, also share!
I seed, lend my Plex server and keep seeding while lending lol.
turdburglar@piefed.social · 2 pts · 281d
thank you, mitch.
Tollana1234567@lemmy.today · 4 pts · 281d
they will justify the merger, the money they spent on it by increasing the price. since they already removed phone casting, it be funny what stuff they cook up to restrict more access to more than one person.
bonenode@piefed.social · 48 pts · 282d
ohulancutash@feddit.uk · 2 pts · 282d
What were they expecting?
Phil_in_here@lemmy.ca · 22 pts · 282d
The various media owners to lease out their licenses to a small handful of competing services and for the streaming services to choose which material was worth the lease cost to stay competitive.
LainTrain@lemmy.dbzer0.com · 18 pts · 282d
Companies not to vertically integrate. Production studios should produce movies, and streaming platforms should provide a platform for people to access movies. If Spotify made its own music it would be absurd, right? Well, yeah.
NanoooK@sh.itjust.works · 29 pts · 282d
That's bad, HBO won't make new quality show.
SomeRandomNoob@discuss.tchncs.de · 27 pts · 281d
Netflix has 300 million subscribers. Buying WB for $80 Billions means every subscriber has to pay at least ~266$ for Netflix to break even. That's about $4.50 per month per subscriber if you spread it out over 5 years. Get ready for for some price hikes.
TonyTonyChopper@mander.xyz · 4 pts · 281d
They can also raise prices for HBO
SomeRandomNoob@discuss.tchncs.de · 4 pts · 281d
True. after a quick search the WB side has ~130 million subsribers. Taking them into account it would be ~ $3 per month instead of the $4.50.
x00z@lemmy.world · 3 pts · 281d
WB is also generating money. So that's not completely true.
They'll probably make some double pack for a discounted price.
Evotech@lemmy.world · 2 pts · 281d
That's not even covering the operational costs of the WB arm
JoMiran@lemmy.ml · 25 pts · 282d
This is the best possible outcome out of a very shitty list. They haf to sell, Disney already owns too much, Jeff Bezos would monetize it in the worst possible ways, and Larry Ellison is the most evil billionaire in the US. Yes, much worse than Elon, Zuck, Bezos, etc.
EDIT: Unfortunately Larry Ellison could still buy the global division which includes CNN. Netflix is only buying the studios and streaming. Still no idea what happens to DC Comics but I think it goes with global?
SubArcticTundra@lemmy.ml · 14 pts · 282d
How many more acquisitions before it's all just one entertainment company?
criss_cross@lemmy.world · 3 pts · 282d
Yeah people don’t realize what an awful person Ellison is because he hasn’t made as many headlines as of late. But anyone that’s been within 500 ft of Oracle knows.
Tollana1234567@lemmy.today · 3 pts · 281d
ellison definitely wants control of CNN, he needs to turn it into a fox-lite.
BarneyPiccolo@lemmy.today · 1 pts · 281d
He's already doing that with CBS News, minus the "-lite." We are going to see full-on MAGA media propaganda on a national broadcast channel from now on, not just in the news, but in their programming.
TV programming is already very conservative, with all their Copaganda. Now it's going to get much, much worse.
Nusm@peachpie.theatl.social · 22 pts · 282d
Price increase coming in 3… 2… 1…
limonfiesta@lemmy.world · 19 pts · 282d
This is actually worse than even Paramount aquiring them.
Both were shit, but this is hands down the worst possible outcome.
golli@sopuli.xyz · 14 pts · 282d
Is it? Paramount+Larry Ellison+the Saudis was not a particular great alternative either. I guess only time will tell, how this turns out.
With Paramount I think there would have been the risk of WB remaining in a similar form, but being ideologically twisted.
With Netflix or course there is a larger risk towards theatrical and physical releases as it goes against their primary business model. And the biggest threat to creativity is not ideology, but in a way the opposite. Lack thereof and instead focus on just metrics like short term viewership numbers.
The best option out of the bad ones would have probably been something like Comcast. Or in my dreams wb would have just stayed independent, splitting of linear assets. They have a ton of debt, but imo eventually they'd have been strong enough to survive. Bur I guess sadly this wasn't the most lucrative path.
Tollana1234567@lemmy.today · 1 pts · 281d
with NUTREK being so poorly made as it is, paramount/ellison might finally either try to astroturf it or shut down the franchise. isnt physical release where all the pirating is sourced from, or at least most of them.
Tollana1234567@lemmy.today · 4 pts · 281d
i see them dumping every new show after 1-2 seasons. only keeping the ones that gives the most subscription sign ups.
Bakkoda@sh.itjust.works · 14 pts · 281d
"Netflix says the buy would give users more choice"
In a world with real journalism the very next question would be how but we just spread the normalization and allow the little lies.
flamiera@kbin.melroy.org · 11 pts · 282d
SlartyBartFast@sh.itjust.works · 4 pts · 282d
I thought Disney already did that
Blackmist@feddit.uk · 6 pts · 282d
Maybe it's like The Producers and they're just selling it to everyone.
ABetterTomorrow@sh.itjust.works · 2 pts · 282d
Netflix is the new direct tv. Instead of 500 channels, your choice of content is splattered in one spot.
Tollana1234567@lemmy.today · 1 pts · 281d
comcast, soon to be. i wouldnt be surprised if they tier some of the service, like bundle, netlfix+hbo max is going to cost you more.
ABetterTomorrow@sh.itjust.works · 1 pts · 281d
Netflix+HBO $50/month?
shalafi@lemmy.world · 2 pts · 282d
For all of you bitching about capitalism, I'll remind you that Adam Smith considered monopolies to be the death of it.
SereneSadie@quokk.au · 2 pts · 281d
Tollana1234567@lemmy.today · 1 pts · 280d
as soon as he allowed Malone initially to take over cnn, he was over.
stretch2m@infosec.pub · 2 pts · 281d
Shiver me timbers! Netflix is the last streaming service I've kept, because it (so far) hasn't started showing me ads. I REFUSE TO PAY FOR ADS! Also, when they jack up the price from this merger, I'm out.
scala@lemmy.ml · 1 pts · 281d
They have jacked the price multiple times over the past 5 years. It used to be $9.99 without ads. Now it's $18.99. with ads it's $8
inclementimmigrant@lemmy.world · 1 pts · 282d
Oh boy! More enshtification!
Mjpasta710@midwest.social · 1 pts · 281d
I can't wait for K-Pop Demon Hunters the ride at your nearest 6 flags..?
SubArcticTundra@lemmy.ml · 1 pts · 282d
JorgeAD@mastodon.cr · 4 pts · 282d
@SubArcticTundra @TheImpressiveX You mean WaltNetSonify ? Not likely to happen visibly as they got to keep avoiding anti-trust laws and simulate diversity, just like in supermarket shelves. Oligopolies are better at that.
Professorozone@lemmy.world · 1 pts · 281d
But what's Trump getting out of it?
Muffi@programming.dev · 1 pts · 281d
I was really hoping for HBO to be the ones to tackle a Stormlight Archive adaptation. I no longer do.
janewaydidnothingwrong@lemmy.world · 1 pts · 281d
That is my nightmare. There isnt a single fantasy book series to television adaptation that hasnt been absolutely horrible. Dont ruin my cosmere stuff please