Should all monopolies be split into different companies which would be given to the workers who would collectivize them?
I’m happy to hear Netflix is not acquiring more. I’m not so sure about Paramount and Warner merging though. Could have been worse I guess.
I have mixed thoughts. Overall I anticipate it being a net negative. Mergers like this result in fewer jobs, lower quality products and less competition. However I love movies (check my profile if you want proof) and specifically I love going to the movie theater. Paramount has continued supporting movie theaters which is more than you can say about Netflix and Sarandos. Likewise Zaslav was just making anti-consuner decisions left and right. I can count on more than one hand the amount of times I’ve called that man a piece of shit. Not to mention Netflix’s slavish attachment to “the algorithm” just churns out a lot of slop
So while the merger is bad it’s probably the better of the two options and anything that reduces David Zaslav’s power is a net positive in my book, even if he makes a small country’s worth of money doing it
However I love movies
if you love movies, you should hate every merger… ALL mergers are about buying market share and eliminating competition, with no competition you will get whatever slop they think will be commercially successful and call it a day (just look at all the great IP domain Disney has ruined via acquisitions)
Overall I anticipate it being a net negative. Mergers like this result in fewer jobs, lower quality products and less competition
I mean… I led with that. I don’t like the merger, but I like it more than Netflix acquiring them. There are takes beyond black and white
hmmmm I don’t see there is much room here beyond black and white…
As is, the industry would compare to 2 fairly ill individuals that still manage… after the merger it would be like having one terminal patient, one with terminal brain cancer or the other with advance Alzheimer; a difference with no distinction at that point
Zany to the max
I’m so glad that I wasn’t the only one that recognized this from a bygone era in animation.
This is a billionaire buying the good name of trusted companies so he can have a propaganda house that isn’t obviously such.
This is the Orbanization of media, in Hungary Orban gave broadcasting licenses to only those who supported him. Here in America instead of using licenses as the mechanism they’re just using money to do the same thing. America needs a serious discussion on trust busting to start breaking up big businesses. Be ready for CNN to become Fox News light.
Terrible, it should never be allowed that companies can grow this large.
I’m going to drop my HBO sub and hope others do the same. The right is buying all the truth-telling media and shareholders need to feel this one deeply.
Also, what would Marx do?
I think that the top tier actors that are making statements on social media or when accepting their awards should put their money where their mouth is and work with smaller independent companies that can make this an opportunity to grow.
I think we need to go back to the regulations in the 70’s where no company could own more than one type for an area. one newspaper, one radio station and one tv station.
What about the Fairness Doctrine?
yeah although its kinda funny because despite that dying under reagan it sounds like they were pushing it with the colbert thing. another for me and not for thee.
With media and the public discourse in the state they’re in today, this would surely be impossible to enforce. Every viewpoint can be argued to have infinite counter viewpoints and people treat it like a sport. Maybe the people of 1949 were naive enough to reckon there were two sides to every argument, but implementing this today would be akin to outlawing any kind of controversial statement or discussion in the media. Perhaps the end of politics as we kn…
Ok I’m starting to come around
Brought to you by Bill Clinton’s Telecom Reform Act. Something like this would have been illegal before then.
It will be a Paramount Discovery of new ways to make movies and TV suck.
It’s the same thing Discovery did in the first place. This is the last moment of TV having value before the boomers are dead so Discovery merged with Warner to make a big ball of shit that Netflix would have to buy if they wanted Game of Thrones and Superman. Paramount doesn’t want to be left out so they’re adding all their shit to the ball and they’ll try to sell it to Netflix again in 2 years.
Death to monopolies
