Is there only one media company now?
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values merger at $111B
fires the employees
Remember all those state AGs that took a payoff and promised this wouldn't happen?
Oh look, another fucking pump and dump
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The company has not revealed at this point the extent of the job cuts it expects. According to a report issued by Los Angeles County in August, the merger could result in the loss of some 4,500 film and TV jobs over three years in L.A. alone.
Time to see if Paramount who agreed for the merger to close is actually going to commit $47.5 million to help fund training and career development for workers displaced by the merger, over the next five years ($9.5 million each year).
David Ellison looks like MOG implants achieved sentience and took over the host body.
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