Do you think Netflix is going bankrupt?

>It's that simple actually.

Again, I'm telling you that it's not.

Discovery didn't create billions in debt. That debt existed on a AT&T balance sheet from well before the merger. Discovery just moved that debt from AT&T's balance sheet to their balance sheet in return for Warner Brothers (basically). The liabilities attached to Warner Brothers were nothing new.

As per my second comment we would see cuts and reductions in Warner Brothers if AT&T sold or not because AT&T was in debt and because AT&T mismanaged Warner Brothers.

>Read again.

What you did say was "you now need to make the new company profitable" as if Warner Brothers' mismanagement were substitutable. If Discovery hadn't purchased Warner Brothers then AT&T would have had to make similar cuts at some point.

AT&T already wasn't profitable with Warner Brothers.

Obviously new debt was created to pay off the old debt.

The point was Warner Brothers and its properties have been mismanaged well before Discovery and was a major albatross around AT&T's neck. We would see reductions like this even if Discovery hadn't borrowed the money to buy Warner Brothers because the last owner was also indebted.

> wall street no longer cares about subscriber numbers - they care about profitability now

Netflix didn't post so good of numbers but Wall Street ran with the stock because they added some seven million new subscribers.

AT&T was deep in debt and that's a major reason they sold Warner Brothers.

The debt wasn't new, it just has a new owner.

Not to be ghoulish but my goal has been to die on my birthday (far in the future, when I am very old).

Something about that symmetry appeals to me.

I'm continually amazed with Hollywood hasn't done a movie about the White Death.

Generally corporate buyouts run a 30% premium. It's certainly high but not as unreasonable as some are saying. It's a basic sales technique to start the conversation high as an anchoring device and let the counterparty talk you down to something more reasonable.

This was basically my thought. There's a reason the best joke on 30 Rock was "make it 1997 again by science or magic".

Not saying McMahon will get it but a ~30% premium is about right for buyouts.

It's takes a special kind of tunnel vision to look at all the wars of conquest and say "privately owned means" is at fault. It's as ridiculous as the "I did that" Biden stickers on gas pumps.

Redditors when they learn there are more economic systems than capitalism & communism and socialism.

Imperialism isn't unique to capitalism.

> Leopold was capitalist practiced mercantilism.

There are plenty of bad things you can say about capitalism but when you have state monopolies, captured markets, and lack free trade that's mercantilism.

Edit: do you really believe the overseas private property of a European monarch was practicing capitalism?

What are you doing looking at your students horse dildo?

(I don't know if I meant this sarcastically or not.)

Globalism is also a force for global peace. Nations that trade are far less likely to go to war.

That's still 75% more than yesterday.

But it's currently 35% less than its 52-week high and 65% less than its all-time high. 52-week and all-time high don't really matter but it's fun context.

I can't find the 200-day moving average without logging into my account but I'd be interested in knowing what that number is.

I know this doesn't have a lot to do with what you said but there was a Golden Girls spinoff called Golden Palace.

Or WALTER.

Or Trapper John.

This is one of my dad's absolute favorite movies. I've probably watched this fifty times in my life.

>make it 1997 again by magic or time travel

A very good friend of mine did something similar and used that money to open a nerd store.

He's killing it. The weekend I helped him they did over twenty grand in sales. He's living the American dream.

pecunia non olet

What If and Yellowjackets.