Paramount’s $30/share offer (to purchase Warner Bros.) is backed by $40.7 billion in capital from Oracle co-founder Larry Ellison, David Ellison’s father, and RedBird Capital Partners — both of which put in the money for Skydance Media’s $8 billion acquisition of Paramount Global — and funding from the sovereign wealth funds of Saudi Arabia, Qatar and Abu Dhabi as well as Affinity Partners, the investment company formed by Jared Kushner, who is Donald Trump’s son-in-law, according to an SEC filing by the company.
Source: BBCPresident Donald Trump has said "there could be a problem" with Netflix's purchase, pointing to competition concerns given the size of the companies.
Episode 2 'No-shit-Sherlock' drops tomorrow
A reviewer writes: "Most characters are simply unmemorable. Story beats feel cobbled together from shows any potential viewer has almost definitely seen before. Rape is used to drive the plot. Suspense should build as a showdown between the Van Netflixes and the Orange-Ellisons becomes inevitable, but because nothing surprising ever happens, it doesn’t"