It will look awkward for 9Rush as well considering WBD co owns that channel with Nine.
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i thought Nine took over WBDâs share of 9Rush?
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I thought 9 bought it from WB and own it outright now.
Not any more
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I didnât know Nine owned it outright. Cheers for that.
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Note that Paramount has a $57.5B debt commitment trom BoA, Merrill Lynch, Citi and Apollo.
So I look forward to 2028-30 when Netflix is going to inevitably snap up both PSKY and WBD.
Exiting right now is a smart bet for them. Investors understand it.
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Big news 
Thereâll be tons of existing varying licencing contracts globally thatâll need to legally be honoured, some may be long-term or very large too. Including here with all FTA networks and their bvods, Foxtel and their svods and the standalone svod services.
And as per 10 in recent years with Paramount, there is no guarantee despite ownership, still require rights and commercialisation.
+1 
Wonder if theyâll keep the WBD library as a separate tile though, a la Hulu, etc on Disney Plus?
â
Paramount and WBD lawyers must be pulling some serious overtime, good luck!
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CBS (then ViacomCBS, then Paramount Global) used Network 10 largely to bolster its earnings, yet failed to follow through on many of the strategic commitments it originally outlined. The same Redstone-era playbook now appears to be continuing under Ellison and Skydance.
If a Warner merger proceeds, it is unlikely to benefit either Network 10 or Channel 5. In fact, I would expect Network 10 to be sold or potentially shut down altogether. Warner Bros. Paramount would be better off pursuing a stronger competitor with a comparable asset base â possibly one with aligned sports rights, such as tennis and the Olympics, maybe even a streaming platform.
Didnât Nine align with CNN for their most recent U.S. election coverage?
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Harry Potter movies on 10? 
Wonder how long Nineâs movie rights last.
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The Cartoon Network shows on ABC Family and ABC Entertains will move to Nickelodeon eventually. 
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Netflix come out of this looking rosy.
Decided it wasnât a deal at all costs and bailed, didnât want the cumbersome assets.
Hugely destructive deal - I suspect the new company will be available cheaply within the next 5 years
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WBD:
Ended the year with $29.0 billion of net debt and 3.3x net leverage.
Donât know if Paramountâs $57.5B debt commitment is adding to subtracting to this number, but it doesnât look good either way.
Just revealed:
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I think 10 will be sold off, like the Argentine TV stations used to be owned by Paramount.
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Would they though, because locally Paramount utilises 10 for sporting rights as well as uses 10 programs for itâs library including many big reality shows and full libraries of them like the first season like Masterchef, Survivor, IAC etc
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Theyâll have HBO Max in the market here - and can upscale that as needed when it merges with P+. I donât think the PWBD office is going to care about how best to roll out the A-League.
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The national Matildas rights?
Iâm interested in how this will impact the steaming services. A combined P+/HBO max would be a great service as long as it remains reasonably priced. Lots of good content there.
As for 10 - letâs hope they arenât ditched and remain the shop window for streaming and some large investments in content to keep it competitive for advertisers.
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So we now have
P+/HBO
Netflix
Stan
Disney+
as the big four in the Aussie market
What about them?
Ellison has said heâll kill HBO/HBO Max - that is worrying (among other things) given its reputation for high quality TV.
Not yet.
So basically this deal is bad for everyone?