buildOne report1 publisher Paramount's $111 billion Warner Bros. Discovery takeover closes under the Skydance name
Paramount closed its $111 billion purchase of all Warner Bros. Discovery assets on October 6 and renamed the merged company Skydance. Netflix bid only for the studios and streaming, so CNN now shares an owner with HBO Max and CBS.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+10
- Incentives60
- Confidence60
Warner Bros.' Digger opened to $20 million worldwide against up to $250 million in production and marketing spend. It lands days before Paramount Skydance takes control of the studio, whose new owners will decide what kind of films Warner makes next.
Perspective Coverage
3 publishers
- Builder
- Builder 38%
- Operator
- Operator 27%
- Investor
- Investor 35%
Reality
- Evidence68
- Adoption14
- Hype gap+8
- Incentives40
- Confidence66
Paramount named Mattel's Ynon Kreiz co-CEO alongside David Ellison shortly after a judge approved its 12-state settlement over the $81 billion Warner deal. Both chief executives take over a studio whose operating plan now has to fit the terms 12 states negotiated and a federal judge approved.
Reality
- Evidence72
- Adoption
- Not scored
- Hype gap+5
- Incentives55
- Confidence74
Court approval binds Paramount's $111 billion Warner deal to at least 156 theatrical films over five years
Paramount's settlement with 12 states won court approval on Sept. 30, clearing the last legal hurdle to its roughly $111 billion Warner Bros. Discovery deal. The states' price is a consent decree adding at least $300 million a year of US film production spending, about 0.27% of the deal's value.
Reality
- Evidence55
- Adoption
- Not scored
- Hype gap+5
- Incentives60
- Confidence55
Sony settles its PlayStation Store antitrust case at about $1.34 of credit per account
A judge in San Francisco will decide whether roughly $5.89 million in PlayStation Store credit, spread over 4,407,533 accounts, closes the Sherman Act case over Sony's 2019 decision to stop supplying retail download codes.
Reality
- Evidence62
- Adoption28
- Hype gap+8
- Incentives74
- Confidence58
Automattic's board put Mullenweg on leave at a company that depends on servers he controls
Directors named the finance chief interim CEO on September 9 and left the open-source project's distribution servers under Mullenweg's personal control, while the WP Engine suit still names him alongside the company.
Reality
- Evidence62
- Adoption40
- Hype gap−8
- Incentives78
- Confidence55