Both of these mega tech companies seem to have the extra cash to do it. Disney and Warner seem to be already filled up with debt and issues.
Why doesn’t apple/Amazon just straight up buy a company like paramount ($10billion value I think) or lionsgate ($3billion value I think).
Both of these companies have tons of IP and know how in the industry. Both have their issues with linear tv and declining revenue due to cost cutting and competition that apple/Amazon can leverage with its services.
I saw todays news that paramount is making a deal with apple to bundle its services. That’s good but owning paramount would provide a steady and reliable content for Apple TV.
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