Buyout bid for Paramount

[AZ.]

Of course the Network Walkman predated the iPod, but which do you remember?

Both vividly. and years apart from each other

 

[lakebum431]

Read more, $10 Billion of that goes towards the debt Paramount is holding, so then the offer is, roughly, about $6 Billion over Market Cap ( currently $9.66 Billion).

The analysts I have read, all predict this will not happen, no government approval due to possibility, foreign ownership (Sony), loss of jobs, etc.

You are spot on with the mix of the offer (the debt/equity). However, I don't think it would fail government approval.

 

[navychop]

Careful, careful.

 

[David Ortiz]

Both vividly. and years apart from each other

My point was that Sony had a 2 year lead and failed to capture the market like Apple did.

 

[Juan]

My point was that Sony had a 2 year lead and failed to capture the market like Apple did.

Sony was too early...high speed internet wasn't widely available to 2000 or so

 

[David Ortiz]

Sony was too early...high speed internet wasn't widely available to 2000 or so

But people were ripping music like crazy before high speed internet was widely available.

 

[Bruce]

Sony was too early...high speed internet wasn't widely available to 2000 or so

Playstation Vue started in 2015, at that time, more then 80% of households had access to broadband.

YTTV started just 2 years later.

 

[AZ.]

But people were ripping music like crazy before high speed internet was widely available.

Yes they were, but it wasnt fast, took hours and movies took way longer....

How fast was cable internet in 2001?


Very-high-bit-rate digital subscriber line (VDSL or VHDSL, ITU G. 993.1) is a digital subscriber line (DSL) standard approved in 2001 that provides data rates up to 52 Mbit/s downstream and 16 Mbit/s upstream over copper wires and up to 85 Mbit/s down- and upstream on coaxial cable.

 

[Bruce]

Yes they were, but it wasnt fast, took hours and movies took way longer....

How fast was cable internet in 2001?

For me, about 50 down at the time, but I had broadband since 1996 (3 down/1 up then).

 

[Bruce]

You are spot on with the mix of the offer (the debt/equity). However, I don't think it would fail government approval.

Like I thought-

Meanwhile, the Paramount board’s special committee will review the joint Sony-Apollo offer, floating a $26 billion all-cash buyout premium, after the May 3 expiration of the Skydance negotiating window. But that may be so the board fulfills its fiduciary duty to consider all credible M&A proposals. Insiders expect the proposal to ultimately be a deal-breaker, given anticipated regulatory hurdles required to complete such a transaction.

Skydance looks to be out also-

And Redstone is said to have reluctantly concluded that a deal with David Ellison’s Skydance, a longtime partner of Paramount Pictures, will not be possible.

Skydance’s Proposed Deal With Paramount Global Appears to Be Falling Apart

After months of M&A talks, Paramount Global and controlling shareholder Shari Redstone might be going it alone after all.

variety.com

 

[savarese04]

If I'm Byron Allen, I come in with a $1 bid for BET now.

 

[ncted]

For me, about 50 down at the time, but I had broadband since 1996 (3 down/1 up then).

Who was your provider? DOCSIS 2.0 only went up to 40Mb down, and DOCSIS 3.0 didn't come out until 2006. TimeWarner Cable didn't offer speeds over 20Mb where I am until the late 2000s.

 

[Bruce]

Who was your provider? DOCSIS 2.0 only went up to 40Mb down, and DOCSIS 3.0 didn't come out until 2006. TimeWarner Cable didn't offer speeds over 20Mb where I am until the late 2000s.

Media One, who became AT&T Broadband, who became Comcast.

I was working for them at the time

 

[Juan]

Media One, who became AT&T Broadband, who became Comcast.

I was working for them at the time

Unless you had 2 modems tied together somehow..you didn't get that speed in 1996

In reality you couldn't do anything with those speeds if you really had them...wasn't much of a web in 1996

The Web back in 1996-1997 - Pingdom

Back in 1996 the Web was starting to gain some serious momentum, but it was still just a few years old. Now in 2008, looking 12 years back into the past of the Web can be a both nostalgic and entertaining experience. We have used the good old WayBack Machine (a.k.a the Internet Archive) to track...

www.pingdom.com

 

[Bruce]

Unless you had 2 modems tied together somehow..you didn't get that speed in 1996

In reality you couldn't do anything with those speeds if you really had them...wasn't much of a web in 1996

The Web back in 1996-1997 - Pingdom

Back in 1996 the Web was starting to gain some serious momentum, but it was still just a few years old. Now in 2008, looking 12 years back into the past of the Web can be a both nostalgic and entertaining experience. We have used the good old WayBack Machine (a.k.a the Internet Archive) to track...

www.pingdom.com

Did you not read my post, said I had that speed in 2001, here is what I posted about 1996-

For me, about 50 down at the time, but I had broadband since 1996 (3 down/1 up then).

Go be Juan elsewhere if you cannot correctly refer to what was posted.

 

[savarese04]

When I was in college we had a T1 or equivalent speeds in the dorms. It was glorious using Kazaa and Napster in early 2000-2002.

 

[navychop]

Napster. Haven’t heard that one in a LONG time.

 

[Bruce]

Now we are back to a some kind of merger with Peacock.

If Shari Redstone Goes It Alone With Paramount, a Streaming Deal With Peacock Could Be Next

Should the mogul decide against a merger with David Ellison's Skydance or a cash offer from Sony-Apollo, insiders say a streaming deal with NBCUniversal may be the surest way to quiet anxious investors.

www.hollywoodreporter.com

 

[vcr1980]

where shows would air on Paramount+ first, then on the other channels later, like CBS, cable channels.

This is great! Broadcast TV needs a "stream" of good shows. It seems broadcast TV used to air things a few years afterwards. For instance, if a movie was in theaters, it could eventually show up on free TV. If a good series was on cable, it could eventually end up on free TV.

Years ago, I was watching The Walking Dead and Always Sunny on free broadcast TV. That would never happen today.

 

[raoul5788]

I had to edit a couple of posts for political content. Please keep in mind where you are when you post. Thanks!