That’s A Lot Of Cable

Paramount has closed its $81 billion merger with Warner Bros. Discovery. Billionaire David Ellison now controls: —CNN —CBS —HBO —Paramount —Warner Bros —Discovery —Skydance —Showtime —DC Studios —Nickelodeon —Cartoon Network —Food Network —MTV —Comedy Central —HGTV —TBS —TLC https://t.co/TwEXrCKRan

— FactPost (@factpostnews) October 6, 2026

And streaming. In a bad economy, people cut those expenses. 

I understand this purchase was heavily leveraged. That’s usually what sinks these mergers, in the long run. A lot of money to pay back; not enough income to do it.

Honestly, I think Ellison now controls a lot of fossil channels whose best days are behind them.