Reading List
The most recent articles from a list of feeds I subscribe to.
Resident Evil Requiem walkthrough part 5: Garage, Isolation Ward, and the Attic in the Chronic Care Center
TUDUMB
MG Siegler, writing at Spyglass:
Of course, Netflix could have absorbed such a cost. It’s a $400B company (well, before this deal, anyway) — double Disney! Paramount Skydance? They’re worth $11B. Yes, they’re paying almost exactly $100B more than they’re worth for WBD. Yes, it’s looney. But really, it’s leverage.
To be clear, Netflix was going to pay for the deal with debt too, but they have a clear path to repay such debts. They have a great, growing business. They don’t require the backstop of one of the world’s richest men, who just so happens to be the father of the CEO. How on Earth is Paramount going to pay down this debt? I’m tempted to turn to another bit of Paramount IP for the answer:
- Step one
- Step two
- ????
- PROFIT!!!
TMTG says it is in talks to spin off Truth Social into a public company, following the close of its previously announced merger with nuclear fusion startup TAE (Christine Wang/Axios)
Christine Wang / Axios:
TMTG says it is in talks to spin off Truth Social into a public company, following the close of its previously announced merger with nuclear fusion startup TAE — Trump Media & Technology Group said Friday it is in talks to spin off Truth Social into a new publicly traded company.