Karl Bode @karlbode.com · Jun 15

in case you missed it (because they hid it late Friday news dump) the DOJ approved the Paramount/Warner Brothers merger. Their deep, robust analysis discovered that letting a Trump-allied Oligarch dominate media results in MORE competition. so a huge relief in case you were worried

279 likes 10 replies

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Replies

Karl Bode · Jun 15

that is, of course, not how media mergers work the massive debt load ALWAYS results in mass layoffs, higher consumer prices, less competition, and sagging product quality. The DOJ of course doesn't care about that, but I'll still have to read about how they love "antitrust reform."

Larry McLaughlin · Jun 15

Of course they did but we don't have to watch.

DrKPhD · Jun 15

🤣

Led Zepbound · Jun 15

Just one more reason to sail the seas for all your entertainment needs

ColoradoKrista · Jun 15

JFC. The corruption is so blatant and shameless. They act like the fact that they have no shame means there’s nothing to be ashamed about. They’re wrong. And we the American people need to teach them that.

Belcaro · Jun 15

What a surprise that Paramount+ was selected as the streamer for the UFC cage fight. Pay to play.

Huh… · Jun 15

On the bright side, Oracle is very highly leveraged. Making a house of cards bigger does not usually make it more stable.

Anita Biscuit · Jun 15

and Fox is buying Roku......let's get our roof antenna's back out.

Dave Against The Machine🏴 · Jun 15

Don’t states have the right to sue to stop these mergers? I thought California was going to sue

aburtch · Jun 15

@karlbode.com This is straight up doublespeak. It will just be more media consolidation into the hands of billionaires resulting in high prices, more #monopolies, and far less competition.