I view Paramount as a highly problematic company. A business being so opportunistic and firmly entrenching themselves with their borderline despotic president should concern investors and consumers alike.
Paramount chose to fork out money and settle, when Trunp came knocking with a weak lawsuit, then made the decision to put an end to Stephen Colbert's populr Late Show. For a private company to be so willing to capitulate to their highly litigious president and part ways with 16m, all to get their merger to go through (Paramount and Skydance) should raise huge question marks.
And if we look at the PSKY CEO, who seems to be using his dad as his crutch and bank to get things done, it feels even more icky. Much like his dad, who has questionable ethics (while handling Oracle, and sidling up to president Trupm to get a slice of Tiktok), David Ellison seems to have no qualms about being a slimy businessman with no proper convictions of his own.
Would shareholders really think his decision is truly the way forward and that he really if having the best interests of the company in mind? Or is he trying to rush his way forward because he wants to make a big buck and has the financial backing of his dad (is it not even more concerning that PSKY cannot handle dealings on their own, and that their CEO has to bring his dad's name to back up his offer for Warner Bros?).
It is a sick fantasy, that we are left watching Netlfix and PSKY taking jabs at one another, trying to acquire Warner Bros.
Netflix is constantly cutting back what value it offers to their customers to chase for profits (showing paying customers advertisements, constantly generating slop to stuff their offerings, increasing price incessantly, not allowing family members to share an account etc.). Things likely will not get any better for consumers if they beat out PSKY.
Having to choose between two terrible options... anything for more money I guess.
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