IP

musedav

It absolutely can replace individuals whose labor or tasks require little problem solving or physical presence. SWE for example has a huge base of information and the tech companies have already stolen it all before SWEs could protect their intellectual property. They enjoyed high salaries, refused unionization, and gave out their IP freely. In my opinion SWEs need to unionize, protect their IP, or reject sites like GitHub. LLMs cannot take in information and distill a unique solution to a problem. They are not intelligent. They take a large information base and statistically determine the next probable string. That’s it bro. AI is the BRAND, not the technology. If the information base becomes obsolete, LLMs become obsolete. The underlying emerging technology that is causing so much strife and upheaval right now isn’t ’AI’ it’s still the internet. We are still figuring out as a population how to deal with the internet.

haunted_patient

Nah, they will just likely sell off the valuable IP to recoup their losses

DaySecure7642

Once the know-hows or IPs are leaked or open sourced, China can out-scale and out-pace anyone, in any industry. The only way western companies can survive against China, is closed-source development and fiercely guarding their IPs, designing products against reverse engineering. That's how the companies of EUV machines and jet engines are able to keep their competitive advantages for so long, even now. Somehow it is exactly the opposite most industries are practicing. Sometimes it was because of propaganda tricking the western companies to relax on IP protections, but very often just naive openness and lack of vigilance.

MitchCurry

I opened five 10-K's 20 minutes ago and now I'm getting this from EDGAR: >Your request rate has exceeded the SEC’s maximum allowable requests per second. Your access to [SEC.gov](http://SEC.gov) will be limited for 10 minutes. >Current guidelines limit each user to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. To ensure that [SEC.gov](http://SEC.gov) remains available to all users, we reserve the right to block IP addresses that submit excessive requests. >The block will be lifted automatically by waiting 10 minutes. Continuing to exceed the SEC’s maximum allowable request rate during the time-out period will extend the duration of the time-out period. To ensure fair access for all users, please reduce the rate of your requests and visit [SEC.gov](http://SEC.gov) again after the 10 minute time-out period has passed.

wsb_crazytrader

Just remember that based on your IP, you might see the market all Green.

kalakesri

your IP just now entered the PLTR draft list. expect to be summoned by tomorrow

Analog_Nomad_56

Right. You seem to be arguing against your original point. It is the business’ prerogative to say how their software should be used, and the consumer and business are free to not come to an agreement on usage. There is nothing wrong with Anthropic saying that their software cannot be used to create autonomous weapons either because they’ve deemed it an unacceptable use, or they don’t feel their software is ready (or really any other reason). That’s the whole thing with selling your IP — it’s yours.

Top_Cranberry_3254

Which is not really good for our enemies eventually if they get their hands on our versions via spies and IP theft.

madsdawud

Next game when? IP hoarding bastards

perceptive_AI

They going to AI generate movies/shows of WBD IP using Oracle's AI cloud servers

T0ADcmig

Ellisons want the intellectual property. Oracle is part of the governments AI push. Daddy Ellison gives his kid a blank check. They want to own the IP to use it all to train AI and hopefully get ahead in AI as an entertainment source. Same reason they got Paramount in the first place. The ability to control the news narrative is an added bonus.

kersk

Let’s just say they don’t respect the IP of Warner Bros Nemesis System patent.

thebaine

There’s a coherent argument that the growth of AI content means that owning the IP rights to legacy/original assets will grow in value. It’s a bet on the value of the IP more than anything else. Unlimited Harry Potter AI slop. Every DC comic book turned into streaming content. What more could you want?

Mail_Order_Lutefisk

Even with this merger they’re still dead in the water. The only viable companies in IP distribution in 12-15 years will be companies in the Mag 7. Even Disney is entering the realm of the irrelevant and has seen its market cap dwarves by the Mag 7.  And the OP is wrong, this ain’t the same bundle of assets AT&T bought, it also includes Discovery now. 

donzell2kx

Wait… isn’t that illegal for the US to blackball and “reverse strong arm“ a company because they got their feelings hurt? It’s like hey I invented a technology that is super useful but it’s must be used properly. US: “we want to use it like this…” company: it wasn’t intended to be used like that and the IP doesn’t belong to you” US: we’ll take it or oust you and make it so no one ever works with you again. If your close friends talk to you or even mention you they are going down as well!” 😮

heyitsmemaya

AT&T lost money because it sold at a loss. It didn’t have the desire to spend money to upkeep the asset values— instead using that free cash flow to pay shareholder dividends and do stock buybacks. AT&T has done very well in the last 12-18 months. It’s like owing a rental property. Some people are better at being rental property owners than others. Some carve out a niche, and go high end and attract high rents. Others go the slumlord route and do little maintenance or upkeep and just want to collect monthly checks. It would seem from a distance that AT&T wasn’t interested in upkeeping the Warner Bros IP, as it had other uses for that cash, and Paramount has grandiose plans for Warner Bros IP and is willing to go “luxury” on it.

HorlickMinton

Yes absolutely that. Also control. Aside from that it’s one of those things that makes weird sense in a corporate PowerPoint. These guys decided 5 years ago that streaming numbers drive share price. And IP drives streaming. And that there will only be one or two winners of the streaming wars. So you accept that premise and make really fucking stupid mistakes.

ClassIINav

Oracle had a nice tidy business essentially milking IP licensing in perpetuity. Now they're loading up on debt to speculate on AI. TikTok and Warner Bros. are way outside their wheelhouse and almost entirely being done for flippant political reasons. Granted all of this individually is a small fraction of Ellison's wealth but put it all together and it could be a mess especially if the AI trade continues to flounder. It could leave Oracle with a mountain of debt and unprofitable business lines if mishandled even a little.

OverlyAverageJoe

I think this will be a winner. Wsb crew underestimating this. Netflix has a legitimate contender in the streaming business. With its sports, and massive IP. HBO max I mean this is massive war chest. Yes there is debt, but they can do things like sell BET to Byron Allen and other things that have been in the back ground while everyone focuses on the initial deal. 

deeboismydady

If AGI becomes possible or close to being possible nobody should want that level of power to sit with one company. You should want the military involved. Not sure you want the US government involved either but here we are. Anthropic don't share any information and research about their models that should be concerning for everyone. I suspect they probably stole lots of IP from the competition. At this stage I don't see a world where it doesn't end in disaster.

Independent_Sir3734

Same IP address as the person who did it in Venezuela, I’d venture to guess

NaiveChoiceMaker

maybe the brand IP alone?

snivlem_lice

None of it makes sense. I was a recent casualty of the Paramount/Skydance merger. Our production was being made for a pittance and pre-existing IP that was bought. We were still cancelled mid production (halfway though a season) and the reason was “no buyers and you cost too much”. Buyers. They own their own distribution platforms. Based on IP they just bought. They gave us all 60* day severance (which would have rounded out most of the pickup of the season). *unheard of in tv production.

tugtugtugtug4

All those Chinese videos of robots and automated factories you see are literally based on stolen US IP. The US is basically China's R&D. We design tech, never implement it at scale then either literally give it to China to access their market or they steal it and implement it at scale.

perceptive_AI

Pretty sure Larry Ellison will use generate shows/movies using Warner Bros Discovery IP

Itsatinyplanet

I read that they train Deep seek using ChatGPT prompts. If that is true it's going to be the height of hilarity to hear an OpenAI complain that "Deep Seek has STOLEN our IP".

Cold-Permission-5249

A desperate company trying to survive might sell IP to fund operations.

OutrageousRhubarb853

Does the government want the IP for “National Security”?

Dave_A480

That's a fair outcome for both sides.... You don't want to sell to us, we won't buy from you, good luck.... Better than stealing their IP with the Defense Production Act....

CryptoBoy-007

Not really. I see this comment quite often and even Netflix hinted as to what it is. With Paramount, WBD is an asset they must have. For Netflix, its nice to have. Paramount instead of a stagnant company, struggling to grow is now the 3 largest streamer, and the proud owner of the most known content IP on earth... etc

hokie47

Almost nothing is worth to even waste your bandwidth on to Pirate. Starfleet academy takes the cake in how destroy an IP.

CryptoBoy-007

Is your EX WBD IP that can be put on the block, and get Paramount / Netflix get excited?!

FormerKarmaKing

Save this comment: David Ellison buying a content studio leveraged against the money his Dad is betting on AI disrupting IP creation ends in a Shakespearean result.

jack3moto

It’s likely that they will be sold for scraps and apple, Netflix, Amazon, and Disney will walk away with a ton of IP and we’ll have lost 20000+ jobs in Los Angeles and Hollywood in general.

ohgodthehorror95

Totally. But now it's certain that PSKY, a $12B market cap company is about to blow $80B to acquire IP that will likely never have a positive ROI due to the massive cost of the acquisition

Non-profit-God

Think about it, if OpenAI, Oracle and Coreweave go under. The major profit-making companies can buy their datacenters, chips, IP and whatever GPU’s they have in storage and then do essentially whatever they want with them. Some of the infrastructure can really only be used for AI but there’s a million things Amazon can do with billions of dollars of chips and gpus. And once their AI losses are written off as a way to avoid taxes on their profitable operations they will have essentially purchased $100 billion dollars of infrastructure for maybe $1billion dollars. I can’t see into anyones head but this framing actually makes the play make sense for Amazon, Google and Microsoft even if this leads to a massive near-term downside.

Mister__Mediocre

Two reasons First is that the quality of raw data far exceeds what reaches the hands of a thief. Petabytes of data are collected to create a movie, only say 100GB of which makes it to the consumer or a pirate. Good training wants good quality data, like the 8k raws. There’s also lots of metadata available here like scripts and scene information which is lost along the way. Second is that Hollywood is a litigious place. If Hollywood wants to use AI, they want to use something that can’t get them sued. Models trained on stolen IP don’t count.

seo-nerd-3000

Netflix probably ran the numbers and realized buying WBD means inheriting a mountain of debt and a bunch of aging IP that peaks at nostalgia. Smart to walk away. The best acquisitions are the ones you do not make.

Meetdreys

the $45.7B (up from earlier figures) from the Ellison Trust is equity funding for the massive WBD takeover bid basically Larry’s cash injection to make the all-cash $31/share offer happen, backed by his personal guarantee. In return, post-deal (assuming it closes), the Ellison family ends up with major ownership in the combined Paramount Skydance empire: Larry controls a big chunk of the equity (around 26-37% depending on filings and cash elections, plus indirect through Skydance stakes), significant voting power (he had 27.5% voting rights in some updates), and his son David runs it as CEO/chairman with control. It’s family dynasty stuff Larry funds it, gets huge stake in Hollywood’s IP goldmine (Warner, Paramount, etc.), while David gets to steer the ship. High risk with all that debt, but massive upside if they turn it around.

UnderstandingDull327

Paramount's got some serious debt issues, but their library and IP are still valuable assets. I could see them getting acquired before they completely vanish.

msew

AKA I would like 2.8 billion for free. I will now go make unique IP just like I was always going to do.

raven45678

That's why this acquisition was so important for them regardless of the all the headlines saying otherwise. They knew they needed valuable and world class IP and Warner had them in spades.

UnObtainium17

WB + HBO IP's not worth all that.. now watch Netflix buy Paramount - WB for $50B few years from now.

Mattreddit760

Keep an eye out on smaller studios so nflx can still scratch its acquisition itch and acquire IP. Lionsgate looks like a prime takeover target

Mattreddit760

Keep an eye out on smaller studios so nflx can still scratch its acquisition itch and acquire IP. Lionsgate looks like a prime takeover target

Alexwonder999

I wonder if they'll just wanna buy the IP and HBO. Let someone else pick up the rest of the garbage.

Onlypizzafans69

10 years? They'll have a yard sale for their IP in less than a year.

Runningflame570

Larry Ellison is worth $200B give or take $50B depending on the date and they have other investors who are interested in owning a large portion of the US' cultural history. The combined PSKY/WBD entity does $60B a year in revenue and both sides are cashflow positive with the valuation difference largely being due to market narratives around their IP strength or lack thereof and WBD being the beneficiary of a bidding war. A lot will depend on maturities, but that kind of scale can gain them enormous financial flexibility.

Dedamtl

odds are slim. 2 companies both with piles of debt and losing money merging to make a bigger company with a bigger pile of debt. That IP's been available before the merger and didn't help.

paranoidspectator

Sorry for the bad text, english is not my first language, i didn't want to use ai either. Basically: How to invest in tech stocks ? None of the evaluation methods of lynch, old school buffett, graham, works on these companies. Because software and IP are not easy to evaluate, But people invest and make money anyway with these companies stocks.

CarRamRob

Or, that behemoth figures out how to make a streaming platform palatable, and their IP crushes Netflix.

edyang73

As I've said, the bulk of tariffs are being absorbed by the foreign manufacturers, the distributors, etc. Why is affordability a problem? During Biden, you don't recall we had the worse inflation in 40 years? Inflation is cumulative. That means all the damage done over Biden's term is here to stay. The only way to counter that is for real wages to outpace inflation, which we are now seeing finally. And it's not just tariffs. It's non tariff trade barriers: unequal access to markets, undue regulations on foreign firms, stealing of IP (when it comes to China) and more.

Big-Material2917

Ya they need the IP for future media like gaming and VR. If they really are abandoning WBD bid, Sony is pretty good bet. Not sure how difficult that would be given that it’s a Japanese company, but it’s the ideal option. Especially cause the next wave of IP is likely to center around gaming properties, and outside of Nintendo, Sony is pretty far and away the best option.

BarbequedYeti

The only silver lining in this is they will be broke in a decade.  By 2030 they will trying to spin off HBO, WB, gaming IP etc etc as a separate entities.  its going to be an epic shit show over the next 10 years.  Netflix will pick over the bones for pennies on the dollar.   In the meantime. Enjoy 24/7 dude ranch where men are men surrounded by only men and women, well...

RAdu2005FTW

The most moral thing to do seems like moving to a shithole like Russia and engage in high-scale IP violations.

Narcissus_n_Goldmund

I would have loved to see Comcast win and take the WB IP into the Universal Parks. Would have been an amazing tribute to the pretty awesome WB IP, think an entire park dedicated to Gotham. I will never give a dollar to anything owned by Paramount and the Ellison trash puppets.

DorkyDorkington

Well Paramount will likely sell/licence their content for some regarded AI company circlejerk for 1T and Nvidia will give a loan of 2T but also buy part of the resulting IP for 10T.

sangueblu03

Larry talks to Trump constantly, they’re basically “friends,” and his son is a huge MAGA.  This move is to shore up the propaganda axis of Oracle (data centers), TikTok (social media), along with their existing and new IP + news. Expect CNN to make a gradual and progressively more rightward shift like CBS has done. 

EthanielRain

Batman IP is worthless b/c of AI slop, got it

CalebVanPoneisen

Yeah. And Netflix content isn’t what it was years ago. I had high hopes for NFLX but I think that, unless they’re able to make a lot of good content or acquire more IP (maybe from Asia) they’re going to go down in the future.

Last-Register-934

the AI generation that can only recreate existing IP?

superhappykid

Paramount is also paying the break up fee. So it'll drain their money faster lol. Give it 10 years, the movie/IP portion of WB will have to be sold by then.

ccnmncc

Thanks for the write up. Additional info: Bayhorse recently completed a significant Induced Polarization (IP) survey over the Pegasus Idaho Porphyry Copper Project. On February 4, 2026, they announced results confirming high-chargeability and low-resistivity targets (indicative of potential mineralization) extending over 1 km along strike On February 23, 2026, Bayhorse closed a $1 million private placement. The company stated that 48% of these funds are specifically allocated to defining and testing drill targets at Pegasus Idaho Porphyry Copper Project and advancing the Bayhorse Mine toward full operations. These are potentially promising developments. I’m especially interested in how the Steinert Ore-Sorter will work to make this the kind of efficient mine Oregon regulators and institutional investors can get behind. Let’s go DOGAMI permits!!

jrex035

Chinese solar, EV, and battery tech at this point is among the best in the world. They also produce at a scale that's completely unmatched. No arguments here. The way they got to be world class in those fields was, at least in part, through corporate espionage and stealing IP at quite literally unprecedented levels. Using these methods they were able to leapfrog tech in a way most countries and companies could only dream of. At this point they're doing groundbreaking research and have state of the art R&D, but let's not gloss over how they got there in the first place.

tachyonvelocity

To ignore the strength of Chinese IP is pure cope. Tesla is successful because it was first in line to leverage Chinese innovations in battery, and now solar, energy storage, and in the future robotics. If the energy of the future is BESS, China is on the frontier with giants like CATL. Since the US obviously will not let native Chinese companies into the US, the only alternative is companies with connections to both able to transfer tech FROM China TO the US. Any other company not able to do so like the many many EV startup failures in the US, or those late in line like incumbent ICE, will be uncompetitive.

jrex035

Tesla is a memestock. Hell its *the* memestock. The company itself sucks and has been losing its moat, and seen declining profit and sales for years. It's "bridging the gap" between the US and China is a positive spin on the reality, that Tesla got wrecked by the China cycle just like so many other companies (move to China to access the market, get IP stolen, get boxed out of the Chinese market by companies using your stolen IP, then get boxed out of foreign markets by these same companies). FSD is dogshit that's light-years behind Waymo and worse in every way, the robots are a gimmick, and Tesla vehicles have seen their reputation thrashed by association with Elon Musk. Quite literally the only thing keeping TSLA afloat these days is its status as the OG memestock and the company's tangential relationship to SpaceX. If/when SpaceX finally IPOs though itll just be memestock status keeping the company afloat which will inevitably end in disaster for bagholders (including pretty much every 401k and pension account in the US).

LibertarianPrime

U.S. produces about 12% of global chip supply and that is likely to grow based on current fabs under construction. But the main mechanism of the export ban is IP. Nvidia designs the chips, so it is American IP and therefore subject to U.S. laws. Similarly, ASML used American technology (and parts) in their lithography machines, hence how the US was able to ban ASML exports to China.

Nanster59

vertiv (VRT) is probably the most direct public play on datacenter efficiency, power and thermal management is basically their whole business. the pure patent licensing model you're describing is tough to find as a standalone company, most of that IP lives inside larger industrials or the hyperscalers themselves.

jeffjeffitoldyoujeff

Do you have openclaw, What's your IP address?

StockWireN

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shannister

IP will be EVERYTHING in the age of AI and Netflix desperately need to buy a serious catalogue. DC, Potter, GoT etc are strategic for a tech company. 

zetstar

Their tech industries are hyper capitalist, massive competition to find the best which is part of why they’ve gained so much ground. People will just say they stole IP or live in delusion and say their tech isn’t that good but they’ve spent two decades cornering the manufacturing market, massively incentivizing tech company development and becoming the only country with real expertise in many of the new fields. They do some stupid shot after they have a clear winner company like make a party diplomat part of their board at the best companies but up until that point it is basically pure capitalism and competition which America has basically abandoned with their allowance of huge companies to just buy out all competition and gutting of the FTC.

LVhereIAm

They can’t get out of their own way. Great IP yet they have a bunch of activists working up top and all over. They need to get in good old fashioned money hungry executives again.

Rock_or_Rol

The way I see it is, America gave up it’s manufacturing a long time ago for IP, finance and service. LLMs are an existential threat to all three, whether it will be realized or not. The risk of losing that race is greater than it being a race to the bottom. If we do lose that race, all we have is ag, oil and the military.. which sounds a lot like the USSR SMRs are substantially quicker to build by the way. Reactors only take that long due to regulation. The actual construction and engineering could be done in months if they didn’t have to worry about the tiniest malfunction

akm76

mekkahitler got sh\*t for brains. taking over claude hits 2 birds with one stone, forced IP transfer and culling the competition, that's the way to read into it. and if musk's biz practice is any indication it will be claude rebranded grok, grok scrapped, gigantic pentagon money-sack secured by your favorite keta-boy

NotArtificial

The winner in all of this is going to be the one that doesn’t get WB. The movie industry is cooked. AI is going to turn movie studios into an amateur enthusiast hobby in the next 5 years. Big productions, sets, IP, that’s all gone in a very short period of time and companies are going to produce content at a fraction of 1% of the cost they previously did. It will make old roadblocks non existent. I hope Netflix takes the cash and lets paramount and WB merge into a giant debt ball that they can never get out of.

Belliu

Went to Disneyland 5 months ago. The show and experience sucked, it was crowded, everything was overpriced, and there was always 1-2 rides broken. In laws went to Disney world a few ago. Same bad experience. Overcrowded, long lines, broken rides. We all agreed we weren't going back. Disney Plus still sucks and all their movies have been terrible. I owned Disney for 3 years and sold at a loss almost a year ago. Don't get fooled. This is a dying IP with terrible service and management. I don't know why the board keeps bringing back Iger only to kick him out after a few months over and over and over again. They now have the head of the parks guy running the whole show. If the parks experience reflects how the new guy is running the whole company get ready, disney cruise is going to go downhill fast.

ratfukabich

SaaS industry is extremely fucked up. It’s never about being good, just less shit than the other guy. Established VC/PE control the broader landscape and easily undercut potential adversaries, either to absorb IP or destroy competition. Nothing rises from the abyss.

spudbro00

GYNA gonna sell this off overnight. You don’t publically bash those IP stealing fucking criminals.

Ray_Getard_Phd

Because DIS is dead to everyone except childless women over 30 years old. There is way too much good competition now that didn't exist in DIS past. Anime is more mainstream than ever before. DIS parks are still OK, but again, their main demographic is no longer what it once was. DIS lost many peoples trust with all the "woke" and ideological messages they try and insert into every god damn piece of media. The trust of just parking your kid in front of any slop DIS puts out is long gone. DIS main output has been just rehashing old IP into live action and always making it worse. They completely fumbled the Star Wars IP so bad that there are discussions of scrapping the sequels as non-canon. Investing in DIS is not the powerful mouse, it's a dead dog that you will be losing lots of opportunity cost and would be better off investing in almost anything else.

Tha_Sly_Fox

The HBO catalogue like GOT, Sopranos, Wire, Deadwood, etc and WB legacy catalogue like Dark Knight trilogy, classic Batman films, and Batman animated series. I think they have the Lord or the Rings films and IP as well

spudbro00

So basically the chinese are letting american companies spend trillions to create and advance LLM models and then using distillation attacks to steal the IP and improve their models with none of the capex investment requirements. Am I understanding the distillation attacks correctly?

smokeyjay

Market thinks this is the equivalent of Disney buying Fox for 70 billion. I'm a bit ambivalent. If Netflix buys WB IP, maybe they can improve their margins by producing less content. On the other hand, I think Netflix can destroy Paramount streaming and why not pick up the pieces afterwards.

UnObtainium17

Personally I think WB's IP combined is not worth close to $90B. They should have just tried to bid for HP and maybe DC, the rest are mid. Let Paramount overpay for it and maybe Netflix can buy Paramount - WB for less in a few years.

edyang73

Tariffs aren't the entire story. China invites foreign firms in, then steals their IP "legally". They insist on CCP party involvement in company decisions. They massively subsidize certain industries, then dump those products around the world (solar panels, EVs). They don't allow certain foreign firms access to their market. It's a massively lopsided trading relationship. That's not even taking into account that China is our largest geopolitical enemy, and has vowed unrestricted warfare against the US.

Positive_Low_2282

A Crunchyroll partnership gives JAKKS access to major IP like *Solo Leveling* and *Chainsaw Man*. Expanding into the high-growth anime and cosplay markets could diversify their revenue beyond traditional toy cycles. How do you see this impacting their long-term margins?

mike_alpha22

JAKKS Pacific’s Crunchyroll partnership positions it for steady long-term growth. Access to top anime IP and global distribution could pay off over time, with patience and execution more important than short-term moves.

UnObtainium17

I wish NFLX just tried to bid for Harry potter and maybe DC.. because the rest of WB's IP are washed up.

Mundane-Region8517

That just means if it fails Microsoft gets first dibs in the scramble over the IP and models. The debt and horrendous outstanding obligations can become someone else's problem if their lawyers are good enough.

uutnt

>The AI boom is delulu. There’s no money to be made, only money spent. If you were referring to the AI labs who's only asset is IP, then I would agree. But when it comes to compute providers, I think you are woefully wrong. Demand for compute will exceed supply for years to come, even if AI capabilities stalled (which they won't).

kneeland69

All games that have well passed their prime, ubislop is never going to create another successful IP

Obvious_Platypus_313

The question is... do you really believe they could make a good rayman 4... or is it worth more to them to not trash the IP and just sell it later

Byggherren

Yeah ubisoft needs a hail Mary to stop their plummet and I think AC shadows was so entirely mid that it probably won't save them. But if someone buys them or their IP there might be profit there.

daddywookie

I’ve seen similar behaviour in another publisher, but that was for casual/midcore mobile games. I think the “same game but different IP” model works there, but not for AAA.

Zuko2001

It will be dead for atleast 2ish years at the minimum before some new interesting drugs enter the pipeline as a possible growth driver. The issue currently is that the company has ZERO foreseeable growth in the short to midterm. This is pharma so it’s a bit conservative because there’s a factor of luck in drug discovery. Buying here is a very long term play in the hopes NOVO will be able to pivot and find a new growth category eventually, BUT this requires increased CapEx not a focus on buybacks and dividend yield. This is what I’m disgusted in management by. It’s like waving a white flag and saying you’re okay with being a Boomer stock that just lives off existing IP and volume sales in arenas like Obesity where you’re uncompetitive in.

Strong-Reputation380

Paramount needs the WB IP library to offset the Cable division’s expected losses from reorienting CNN.  This is an issue that has already been litigated. Netflix is only interested in the IP, and Paramount is really after the cable assets, but they have stated they need the IP for the deal to be viable for them.

Numerous-Stand-1841

Netflix playing 4D chess. Either they own a strong IP or they get a free 7 billion.

therealjerseytom

How's this from an IP ownership standpoint, particularly if you start using this at work...?

Droppedudown

Yes. Netflix reached its ATH after squid game s3 and Kpop demon hunters released I hope they realize acquiring old IP isn't the way to go. Gen Z and younger dont give a fuck about harry potter or DC nowadays

MeasurementNo0

IP approaching 100 years old.  Its time for new stories.