HSX Forum
Movies
DL: Paramount has agreed not to close the WB deal until June 1st, 2027 or until the merits of the States & WGA suits are resolved (!!)
notfabio
Jul 24, 13:04
That's hundreds of millions in ticking fees.
{nm}
notfabio
Jul 24, 13:07
there might be an out in the deal language if closing is held up for legal reasons (or Zaslav et al could just agree to press pause)
{nm}
jimothy
Jul 24, 13:11
How many days add up to the $7B breakup fee Paramount has to pay WB.
{nm}
Antibody
Jul 24, 13:13
To answer my own question, $7M a day so 1000 days, or more than 2 and half years.
{nm}
Antibody
Jul 24, 13:18
almost certainly guarantees actual congressional oversight by Dems before next June. also AI bubble might burst before then
{nm}
jimothy
Jul 24, 13:23
What does the AI bubble have to do with anything? Larry Ellison won't be able to backstop the deal? {nm}
Abraxas
Jul 25, 11:06
daddy personally guaranteed $40b of the purchase price with Oracle stock
{nm}
jimothy
Jul 25, 20:13