Why the fuck did they think it was a good idea to go into $90b of high interest debt to buy a company that loses $5b every year
>>223993952
>>223993952Oracle is key for the Super Intelligence plan. They're expecting trump or the next president to bail them out.
>>223993952I think its just money laundering
>>223994119anything can be money laundering when you don't know what money laundering is.
Media companies work as propaganda and cultural influence endeavors, not just financial gain
>>223994109There is no super intelligence plan. It's literally just investor scamming
>>223994138Losing $90b for no reason is money laundering. Think about it, investors get to say they "lost" $90b. Think about it bro. It's a tax write off. Follow the money. It's all about money
>>223994119If the money is in the bank and you can use it to buy a company that money is already clean and legal...Are you retarded?
>wasting zillions on AI scams, supporting corrupt states, buying out failing companies and properties, alienating partner states that they cut ties with you and either go solo or join the opposite campSo much winning. So much greatness. So many trannies btfo.
>>223993952The money literally doesn't matter They bought control of the majority of the media. 90 billion is a steal.
>>223995214A majority stake in a dying industry.What a steal.
>>223995026>Losing $90b for no reason is money laundering.it literally isn't, a tax dodge is not money laundering, money laundering has a specific meaning and you don't know what it is, but you'll just keep calling everything money laundering because you're a moron.
>>223995214In thirty years all the boomers will be dead and control of all the cable media companies is going to be worth less than control of all the smoke signals
>>223993952That's only a problem if you think they have any intention of paying it off, which they most certainly don't plan to. They will just keep paying the interest and life will carry on. And if you think that's not feasible I would like to inform you that the United states deficit is currently sitting a little over 40 trillion dollars
>>223995337Think about it thoughIt's a tax write offIt's money launderingFollow the money
https://www.youtube.com/watch?v=XEL65gywwHQ
>>223995692This is exactly what it feels like to talk about anything finance related with people who like movies and video games etc
>>223995805The amount of financially illiterate people on the internet is truely astonishing. Easily identifiable by their trademark brain-dead slogan "tax the billionaires". Tax them on what you morons? Unsold shares?
>>223995885I think a huge part of it is that third world posters who don't even understand what a stock is being allowed to post where as most American, European, and east Asian high schoolers have to be familiar with the stock market
Larry might get fucked over by all this tooHe put up $40b to get the deal done back when ORCL was twice as high as it is now. That went from being 10% of his net worth to 20% in the time it took the deal to close. And the entire financing relies on the idea that they're going to somehow turn this company into a $10b a year money printer within four years
>>223993952Skydance funded the merger by issuing new shares, which increased the total supply of shares and lowered the price in return for hard cash.https://uk.finance.yahoo.com/markets/stocks/articles/skydance-shares-tumble-25-issuing-182531543.htmlShares of Skydance plunged 25% on Wednesday after the David Ellison-led media giant issued 471 million warrants that gives holders in Paramount Skydance's Class B stock the opportunity to acquire shares in the new company after its merger with Warner Bros. Discovery.The warrants provide Paramount Skydance shareholders with similar terms to the combined company's equity investors, including CEO David Ellison and Oracle co-founder Larry Ellison, RedBird Capital Partners' Gerry Cardinale, LionTree and three Middle Eastern sovereign wealth funds.As of the time of publication, Skydance shares are trading at around $6.78 apiece, with a market capitalization of around $34 billion. The company's listing moved from the Nasdaq to the New York Stock Exchange on Oct. 6.The warrants were issued to Paramount Skydance stockholders at an initial exercise price of $12. If all of those warrants were exercised, that would raise about $5.65 billion for the company. It would also increase the total share count, diluting the ownership of current shareholders. It's unclear how many warrants have been exercised thus far.
>>223996031Thank you Chat GPTNow list the debt and cashflow please
>>223996062Why would I do that when its unrelated to my point?
>>223996111You didn't have a point you just asked Open AI to summarize an article.
>>223996144Has your English teacher not gotten around to explaining what a quote is?
>>223993952because a bunch of people wanted to cash out and retire
>>223996222Usually the transaction makes at least some sense for the people giving the cash
