Paramount +

While I haven't found as much to watch on Showtime the past couple years, it was my favorite network there for a long stretch with shows like Homeland, Ray Donovan, Nurse Jackie, Shameless, The Affair, etc. It's been around a long time, since the mid-70s, and was a channel I grew up with. It's how I got to see a lot of theatrical movies back in the 80s.

Kinda sad to see what Paramount is doing to it. By making it a sub-brand of Paramount+ and apparently dismantling the internal Showtime team, it looks like the beginning of the end for this long-running premium channel. Of course, we always knew that not every channel/service would be able to survive the coming shake-out in the TV landscape...
 
Kinda sad to see what Paramount is doing to it. By making it a sub-brand of Paramount+ and apparently dismantling the internal Showtime team, it looks like the beginning of the end for this long-running premium channel. Of course, we always knew that not every channel/service would be able to survive the coming shake-out in the TV landscape...
Showtime has been not worth for what they charge for it for awhile now, once they lost the rights to most new movies to Epix years ago, all they had then were a few series.

I am more upset at HBO coming to a end, AT&T and now Discovery has destroyed it.

Now with Warner/Discovery‘s cost cutting, it is about to become Discovery+ with a few HBO type series and Warner movies.

The main reason, Discovery+ programming is cheaper to produce and largely already paid for by being on the cable channels first with per sub fees and advertising.

Main reason, $50 billion in debt, out of cash, bond/debt payments due, advertising revenue way down, per sub fees way down for their cable channels and all, except for one, movies flopped at the Box Office in 2022, the worse was Black Adam with at least $200 million in losses.
 
Showtime has been not worth for what they charge for it for awhile now, once they lost the rights to most new movies to Epix years ago, all they had then were a few series.

I am more upset at HBO coming to a end, AT&T and now Discovery has destroyed it.

Now with Warner/Discovery‘s cost cutting, it is about to become Discovery+ with a few HBO type series and Warner movies.

The main reason, Discovery+ programming is cheaper to produce and largely already paid for by being on the cable channels first with per sub fees and advertising.

Main reason, $50 billion in debt, out of cash, bond/debt payments due, advertising revenue way down, per sub fees way down for their cable channels and all, except for one, movies flopped at the Box Office in 2022, the worse was Black Adam with at least $200 million in losses.
Nah, I think you're exaggerating the situation. At the very least, HBO isn't going away. It's one of the most valuable brands in television history. And it continues to produce both a ton of awards nominations as well as big hits, like their new series The Last of Us. Not sure what its ultimate distribution model will look like but I do think that, when the dust settles in a few years, HBO will still be standing.
 
Nah, I think you're exaggerating the situation. At the very least, HBO isn't going away. It's one of the most valuable brands in television history. And it continues to produce both a ton of awards nominations as well as big hits, like their new series The Last of Us.
The Last of Us was ordered to series in 2020 and mostly filmed before Discovery took over, the new regime had nothing to do with it.
Not sure what its ultimate distribution model will look like but I do think that, when the dust settles in a few years, HBO will still be standing.
Just not as HBO-

 
  • Like
Reactions: MikeD-C05
Me either, but trojan horse is successful, my kids watch a few things on it iirc. As long as that's the case it stays, just a channel I turn off/on on Prime, though I think it's probably a better experience through their app.
 
  • Like
Reactions: MikeD-C05
The Last of Us was ordered to series in 2020 and mostly filmed before Discovery took over, the new regime had nothing to do with it.

Just not as HBO-

Heh, I was the one predicting that the service would be renamed Max many months ago. But there will still be an HBO branded hub within it, which will be home to its best collection of scripted content, and (unlike with Showtime) the original linear cable channels will still be branded as simply "HBO".

What I can imagine eventually happening on the streaming side is that HBO returns to its roots as more of an upscale/boutique add-on focused on quality over quantity. Rather than trying to make it the core of a big, general interest streamer, it becomes a premium add-on to it focused mainly on just HBO Originals. We'll see. But, as I say, I don't think that WBD in its current form, or their forthcoming Max, will be the endgame scenario for HBO. Another round of M&A will likely happen come '24 or '25.
 
But, as I say, I don't think that WBD in its current form, or their forthcoming Max, will be the endgame scenario for HBO. Another round of M&A will likely happen come '24 or '25.
I believe so also, but all the insider investment sheets keep writing do not believe they will make it till the end of the year without filing for chapter 11.

Their 4th quarter report is Feb 23, going to be quite interesting.
 
I believe so also, but all the insider investment sheets keep writing do not believe they will make it till the end of the year without filing for chapter 11.

Their 4th quarter report is Feb 23, going to be quite interesting.
It would surprise me if WBD filed for chapter 11 this year but, even if they did, the company wouldn't just go poof and disappear. It would open up a reorg process to help them stay afloat and make their debt load more manageable. Whether that happens or not, Zaslav's job for the next year or so is to clean up the WBD balance sheet and make it as presentable as possible to whoever's going to strike a deal to buy or merge with it in 2024. I continue to think Universal would be the best match...
 
It would surprise me if WBD filed for chapter 11 this year but, even if they did, the company wouldn't just go poof and disappear. It would open up a reorg process to help them stay afloat and make their debt load more manageable.
That is what all the analysts say in the newsletters I get.
Whether that happens or not, Zaslav's job for the next year or so is to clean up the WBD balance sheet and make it as presentable as possible to whoever's going to strike a deal to buy or merge with it in 2024.
In one year, tough to do, especially when everything as seem to go wrong for the company since Discovery has taken over, Box Office flops, per sub fees collected down, no growth for HBO, advertising down, having to cancel stuff for tax write off, selling content cheap to basically raise some cash, 50 Billion in debt, bond/interest payments due, almost out of cash.

And now is such a bad time for new loans because of rates, banks will smell the desperation from Warner.

Hence why they are now trying to sell assets, rumor is Warner offered DC to Disney for $10 Billion, Disney said no of course, does not need it because of Marvel and too big of a price.

Now trying to sell Warner Music for $1 Billion.


I continue to think Universal would be the best match...
I do also, their total assets exceeds Warner/Discovery by $120 Billion, the Dark Horse would be Apple, sooner or later I expect them to buy a studio with a lot of content, also exceeds Warner assets by more then $210 billion and has a lot of cash still, $48 Billion, Comcast only has $5 billion in cash.

Amazon also, but they just bought MGM so that should be enough for now.
 
That is what all the analysts say in the newsletters I get.

In one year, tough to do, especially when everything as seem to go wrong for the company since Discovery has taken over, Box Office flops, per sub fees collected down, no growth for HBO, advertising down, having to cancel stuff for tax write off, selling content cheap to basically raise some cash, 50 Billion in debt, bond/interest payments due, almost out of cash.

And now is such a bad time for new loans because of rates, banks will smell the desperation from Warner.

Hence why they are now trying to sell assets, rumor is Warner offered DC to Disney for $10 Billion, Disney said no of course, does not need it because of Marvel and too big of a price.

Now trying to sell Warner Music for $1 Billion.



I do also, their total assets exceeds Warner/Discovery by $120 Billion, the Dark Horse would be Apple, sooner or later I expect them to buy a studio with a lot of content, also exceeds Warner assets by more then $210 billion and has a lot of cash still, $48 Billion, Comcast only has $5 billion in cash.

Amazon also, but they just bought MGM so that should be enough for now.
Well, I'm not denying that WBD is in bad shape (which only makes a future takeover more likely). I'm just saying that those assets aren't going to disappear, and that the business will hobble along until a deal is made in the next 1-2 years, during which time Zas is cutting some of the fat (something everyone in Hollywood seems to be doing right now) and making their financials, well, at least less bad than they are now. After bottoming out around Christmas, their stock price has rebounded somewhat, so I think Wall Street likes the tact that Zas is taking.

As for Apple or Amazon buying a major studio, I just don't think the DOJ would let it happen, given how huge both of those companies already are, with both already having a significant horse in the global video race. At least I hope such a deal would be struck down. And I'm not sure that such an acquisition would help either one all that much. Amazon already licenses a huge catalog of rerun shows and movies. Both Amazon and Apple have plenty of money to finance big, splashy new original series and films, plus acquire sports rights. If I'm the CEO of either, I'm not sure I see the financial logic of buying WBD. (Although, in the case that WBD ends up getting sold off for parts, then maybe one or the other wants to buy DC or HBO.)

Meanwhile, Comcast should be getting a fat cash payout from Disney this year or next when they sell them their 1/3 stake in Hulu, which would help finance a purchase of WBD. Combining the IP and library of WBD with Universal would go a long way toward helping position Universal as a legit head-to-head competitor with Disney across film, TV, and theme parks.
 
Came across this, free month with Promo Code-SERIEA

Ends Tomorrow.
 
When CBS All Access started, I didn't think it would work, but it has been one of the most consistent streaming services so far. Maybe one day it will actually make money.
As it said in my link, predicting 2024, with cost savings ( adding Showtime, content sharing, cutting down on content because of sharing, etc) and the next price increase, looking over the financials, I believe they are correct
 
  • Haha
  • Like
Reactions: MikeD-C05 and Jimbo
Wait. They weren't trying to be profitable before?

Well, they all TRIED to be profitable. This is a new technology. Every Big Media company (well, except for Sony and Fox, which is who my money is on) thought all they had to do was start up a streaming service and boom goes the dynamite. It has not worked out as planned. Wall Street is starting to notice. So there is no real option but the cut content (which they are all doing, no matter what the press releases say, press releases are for rubes) and raise prices.

Will it work? That is how Wall Street works. For every buyer thinking a thing will go up, there is a seller who disagrees. NOTHING is certain. NOTHING is some inevitable trend that you can predict. Maybe streaming can someday be profitable, although for the life of me, I don't really know how. Or maybe it is just like many forms of entertainment media over the year. Great for the customer, entertaining, fine. And unprofitable.
 
  • Haha
Reactions: meStevo

HBO Max/Discovery+ Merger

Disney/Hulu News

Latest posts