It has only been four weeks since Paramount Skydance completed its (rather contentious) $110 billion acquisition of Warner Bros Discovery to become Skydance Corporation, but the entertainment colossus is already laying off workers within its video game division.
Hardly surprising considering they barely gave two shits about WB Games at any point during the acquisition process.
d’uh
The leveraged buyout left Warner Bros with what’s probably an unpayable loan, so it’s not surprising they are scrambling to try to save the Titanic.
I’ve seen someone call the Skydance deal “adding extra steps to Netflix deal”.
Because Skydance got Warner overpriced and getting in debt with investment funds, so as soon as they have issues to pay, they will butcher parts of the company to sell them.
