this post was submitted on 15 Mar 2026
29 points (96.8% liked)

Quark's

2077 readers
8 users here now

Come to Quark’s, Quark’s is Fun!

General off-topic chat for the crew of startrek.website. Trek-adjacent discussions, other sci-fi television, navigating the Fediverse, server meta (within reason), selling expired cases of Yamok sauce, it’s all fair game.


founded 2 years ago
MODERATORS
 

For those of us wondering how fragile the Skydance-Paramount + WBDiscovery financial construct actually is, it seems that the markets are posing similar questions.

TLDR: despite Ellison senior’s guaranteeing the additional billions in debt, the ratings firms are reclassifying Paramount downwards into a junk bond category.

From the article:

Fitch Ratings said Monday that it placed Paramount on its “negative” ratings watch, and downgraded its credit to BB+ from BBB-, which puts the company’s credit into “junk” territory. Fitch said it took action due to “uncertainty” surrounding Paramount’s $110-billion deal for Warner Bros. Discovery, which the boards of both companies approved on Friday.

you are viewing a single comment's thread
view the rest of the comments

So, Netflix may still win in the end by getting them all in a fire sale! Yay, ~~capitalism~~ consolidation!