From Newsgroup: rec.arts.tv

Adam H. Kerman <ahk@chinet.com> wrote:

Shareholders do not believe they are worth what the merged company began
at, but they've been busily manipulating the market to get share price
up. Now, somebody wants to buy them. No one will say who.

https://apnews.com/article/warner-bros-discovery-paramount-addec120019b49a63f3200a0c236e80e

Hahahahahaha

The unmitigated greed! Where are James Garner and Jonathan Pryce when
you need them?

Larry Ellison offered $31 a share for the whole company, which sounds
like the previously announced split won't happen. Netflix was buying the studio, HBO, and not much else. Netflix has wisely stepped back.

Ellison isn't sitting on this cash; no one is. He's getting some from
his Middle Eastern oil buddies. Henry Kravis cannot float this much juni
bond equity.

Netflix wanted to stop producing theater-worthy movies to keep
subscribers at home, watching more tv.

https://apnews.com/article/warner-paramount-netflix-5ddba4049473903b35b65e62e37d66bf
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