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Merger Rule
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this post was submitted on 21 Dec 2023
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Disclaimer: I own Paramount stock, and worked at Paramount for a time.
Disclaimer 2: It is sadly non-voting common stock because fuck this fucking timeline.
I can think of nothing worse for the common good than having YET ANOTHER ENTERTAINMENT MERGER. I AM IN CONTINUOUS ANGUISH. STOP IT.
Their defense will be that they need to merge to be able to compete against Disney. The sad thing is they're probably right. Even post merger their market cap will be less than 1/4 of Disney's market cap.
Really, we need to destroy Disney.