PARA

tundraaaa

Everything you said is irrelevant to the point. While we're off-topic, I would never invest in a company with a 50.1% supermajority voting power class F share. Got burned once when VIAC/PARA self-dealed by selling their holding company with supermajority voting rights to SkyDance, and SkyDance proceeded to dilute PARA owners by purchasing themselves with PARA stock.

OmegaDH808

PARA

tristis_veritas

So PARA deal in a nutshell?

tristis_veritas

We live in a free money environment. PARA leveraged to the tits to buy WBD, why not a glorified Treasury bill fund that also happens to sell funko pops?

throwinmoney

Because they want to disguise that it's the same turd formerly known as VIAC and PARA

Meetdreys

The Epstein docs drip is turning into full-on fireworks now. Bill’s depo today + more names potentially dropping soon Hollywood, finance, politics all sweating. Markets barely care yet (no direct ties to big tickers), but if fresh bombshells hit connected execs or firms, watch media/entertainment stocks (DIS, PARA) or any billionaire-linked plays for quick dips.

Samjabr

What would CNBC report on if there was no PARA/NFLX deal?

Samjabr

Imagine having a retirement account with PARA, INTC, PFE Just watching your life churn away for years

Samjabr

Dear CNBC, No one gives a shit about DIS, WB, PARA, etc. These stocks have gone nowhere for over a decade and have a combined value that is insignificant. Sincerely, Dude sick of fking WBD/PARA/NFLX Stories

Samjabr

How much time has CNBC devoted to this fking PARA/NFLX/WBS story. JC. No one cares

Samjabr

FFS, CNBC has a story about NFLX, PARA, WBD merger every day. No one gives a shit.

Mitraileuse

They are not at a bidding war, They are confident WBD will go with their offer. At worst if WBD takes PARA offer, NFLX gets a 3B$ check from WBD.

KalBux

Well, it’s a good thing I didn’t say “ORCL has absolutely everything to do with PARA” right? “The offer will be backstopped by Oracle co-founder Larry Ellison.” It was a joke. Suggesting there would be a sell off in order to do that. A joke. What are you correcting exactly?

TomorrowSavings7579

ORCL stock has 0 to do with PARA. PARA could literally go bankrupt and it wouldn't bother ORCL in the slightest. 

Samjabr

The fact that PARA is making huge overbids, tells you all you need to know. LEAP calls on NFLX

SerpentRoyalty

PARA wouldn't have reached 30 or even 20 in a decade. Movie expenditures is lower than ever, even lower than the average of post-covid years. Para wasn't positioned well in the market either and lost market share to DIS and WB while incurring massive debt. They are a loser in streaming wars too as well as their cable network. That's why they tried to buy WB.

abrahamlincoln20

It looks that way if you're only looking at the stock price. I also bought PARA all the way from $20+ down to $10. The stock was deeply undervalued, and the dwarf Skydance bought it, itself MASSIVELY overvalued, in a deal that diluted PARA non-voting stockhomdees while valuing the stock held by Redstone by nearly 2x. PARA was never that distressed as a company. Given a few years the stock would probably have risen back to $30 organically.

SerpentRoyalty

Quite the opposite! As a former PARA stockholder who held a bag in the negatives for 3 years (even with averaging down to $12), this was an amazing blessing and I was able to finally get out with +60% long term profits. Stock price even hit $10 at one point this year before going all the way to $19 after Skydance took over.

abrahamlincoln20

That was a shit deal for PARA stockholders, they were ripped off.

zholo

If PARA comes up from behind and takes it, their upside is way greater.  I’m trying to make money on stocks, not save money on a Netflix subscription.

Samjabr

NFLX doing a 180 So obvious. Now they get PARA, HBO, etc. NFLX to the moon! https://preview.redd.it/e3iu17s2le5g1.jpeg?width=941&format=pjpg&auto=webp&s=6c1d5351ccb12beebe0361b6dfe78883d2c44ba7

dvdmovie1

I dunno, there was plenty of time where nobody wanted media names and Netflix specifically said multiple times that it had no interest in doing this sort of deal, as recently as a couple months ago. It feels like it was only when Ellison got PARA and money started to be thrown around that NFLX all the sudden became more interested. Really could have gotten it for a lot less when nobody was interested vs now a competitor is overspending and they're now overspending just to keep it away from them.

Samjabr

FFS, enough stories about PARA and WBD

Samjabr

Hooray, yet another story about WBD and PARA.

GringottsWizardBank

PARA. Apparently Trump requested that they make Rush Hour 4 and they agreed. Very presidential business.

lipmanz

People playing WBD for buyout must not have been part of PARA gang…bad times I remember it well

Important-Policy4649

Seems like we will be seeing below 6.00 again soon. The spike from the past month due to the PARA bidding for WBD rumour has reversed. This does appear to be a trend, looking at patterns for the past 12 months. The Long Walk made a solid return and should do well in streaming, I can see it becoming a cult classic. Strangers 2 was a dud but potentially turned a profit when all is said and done. Looking ahead, the release of Michael trailer next month should create buzz. There is talk of 2 movies which is an interesting way to go for a biopic but if you are going to do it for anyone it would have to be MJ.

n4itbad

I have been holding these PSKY (PARA) bags for 2 years, 2 damn years I've been in the red and I never thought I would get my money back. Well boys, today I am green, LFG!

lipmanz

So what happens to my Max account? I get it for free under NFLX or PARA?

WingWorried6176

WBD holders gonna get fleeced I predict $15/share 😂😂😂 look what happened to PARA holders

SouthKen2020

1 - PARA was as "intense" as it was because its dual-class structure gave Shari Redstone veto rights over any deal. She had specific personal financial goals that had to be satisfied that were not inline with the economics of other shareholders and were borderline uneconomic. It's WBD has a single class of shares. Ellison doesn't even have to engage with WBD management if he doesn't want. He absolutely will, but if he chose to make a tender offer to shareholders, no one could block the deal. It may be a single detail, but it is everything in this case. 2 - WBD discussed various combinations with PARA at a high level, to say that they planned to acquire PARA is not accurate. The plan with WBD was always a sale. On the profitability point, WBD is less profitable now than it was a year, 2 years, or 3 years ago. Yes, the streaming business is profitable, but adjusted EBITDA has declined sequentially due to the ongoing weakness in its cable business. Also, I didn't say they'd sell themselves for $24, but that it'd be north of $24, which is higher than it has ever traded, and more than 3x its 52 week low 3 - Any WBD deal would have to largely be funded with personal cash from the Ellison family. Not sure what the price for Paramount has to do with anything, the $15 was already \~50% above its market value at the time of the deal. Shari was a forced seller, Ellison was the only buyer, he could dictate terms. If Ellison doesn't move now, he will likely not have the opportunity to buy the Studio / Streaming business without paying a massive premium for a long time. None of us know what the offer will be or what price Zaz is a seller at, but Zaz was quoted in the NYPost about a price in the $40s (which would be insane), the stock has already traded up above $19, and Faber has reported a price in the 20s, so any offer under $20 would likely be a waste of time.

Narrow-Letter-8156

I have a few questions, 1. PARA + Skydance was a pretty intense structure. What confidence we have that the PSKY + WBD merger will be any different? 2. WBD was planning to acquire PARA before and now they will sell themselves at $24 when they are actually paying down debt and will be profitable in coming years? 3. PARA is already leveraged pretty bad and with Elison family backing we think the stock will improve? Pretty wishful if you ask me as otherwise they would have tried to take most of the folks out with the $15 tender offer which was for 6/10 ratio IMO bid will be announced next weekend or later once the FED rate cut is announced and it will be disappointing. I expect WBD to go up and PSKY to go down as it usually is with some back and forth between the two companies before the final price is set. PS: Don't want to offend anyone but just sharing as shareholder of both WBD + PSKY through the PARA + Skydance and ATT + HBO + DISCA saga.

WickedSensitiveCrew

I wasn’t saying Netflix wanted them, just that WBD’s CEO seemed to be pushing for a bidding war (Amazon and Apple were mentioned in the same breath). In sports, players do this all the time to drive up contract prices. Whether a PARA/WBD combo could ever challenge Netflix won’t be clear for years, so it’s really something time will tell. If you are right thread will be gone. If you are wrong thread will also be gone. What stays are just the upvoted/downvotes from whatever remarks you make today in this thread.

WickedSensitiveCrew

Im just repeating the news. I didnt say Netflix wanted them. Just that the WBD CEO wanted a bidding war Amazon and Apple were in the same sentence. In sports players often try to get into bidding wars to jack up the price before they sign contracts which is probably what WBD CEO attempting saying I will go to (insert companies) before I take Paramount offer. The answer to your question if a combined PARA/WBD will overtake Netflix wont be known for years. This isnt something that you get the answer within 24 hours of this thread. So honestly not sure why I even engaged this. Since the answer will be known when this thread long gone.

Montezooma49ers

Nice gain today!  Core streamers are going to garden wall up just like cable.  PARA will be able to increase prices soon as ESPN and Fox One go live today at higher prices based on their churn rates. This position could 2x to 10x for PARA given it's market cap by 2030. There is only 30 percent float given how much Ellison and Red Bird own. Red Bird signed up just like you to mint 100 percent gains with their return on capital.

fe2sio4

so the buyout for PARA was $15 but the stock was trading 10-11 right before the merger? What am I missing

Suspicious-Courage29

Oh today was a good day for me. Got assigned PARA at $11 a share.

tktytkty

Damn who remembers PARA bull run caused by the legend Bill Hwang. Good times.

lazyhobbit1980

PSKY aka PARA. Meme time !

Ok_Eye_5065

Title: Gradually loading up on PARA & TKO before the UFC’s no-PPV era I’m starting to buy Paramount (PARA) and TKO Group (TKO) now, with plans to add more during Q3 earnings and again toward the end of 2025. The UFC’s move to drop the pay-per-view model in 2026 and stream through Paramount+ could shift how both companies generate revenue and attract subscribers. The market knows about the deal, but I’d rather ease in before momentum builds and the valuation adjusts. I’m looking at this as a longer-term position, aiming to be fully loaded before the new era kicks in

Poni-Locks

What happens to PARA shareholders after the merger?

Pr0fnaityyy

Is PARA priced in?

enc-nyc

my PARA stonks are gone and replaced with some other turd, down -65% anyway

Comprehensive-Eye353

Did you read the memo? The puts will convert to PSKY puts today and trade the same way they did as PARA puts.

Kurso

I'm holding positions in PARA, AMCX, and LION. Interest rate cuts coming. Money will be plentiful. People will acquire.

Important-Policy4649

Were you a PARA holder? It was daylight robbery what happened there.

fe2sio4

Buy calls on HOOD APP and IBKR. one of them gotta replace PARA right?

rooty4

I feel some crazy happening with PARA getting kicked out out SP500 today after hours and MSTR getting in to give SP500 direct access to bitcoin hmmmmm

Dannyleeluu

**Your PARA calls will not expire worthless just because of the Skydance buyout.** They'll be adjusted to reflect the new company (Paramount Skydance), and if your strike price is **below $15**, they’ll still have value. Upon exercise, you’ll receive either **cash or new shares**, depending on the deal terms and your election.

bendersd

I have 2 calls on Paramount (PARA) that expire in December... what happens to them with the Skydance buyout? Will they just expire worthless or are they converted to the new company with the buyout?

DrScitt

Buying PARA. It’ll be tripled in price in 6 months

kimperial

PARA might get removed due to some merger and replaced by Friday

MrIntuition

APP earnings and possible S&P 500 add next week when PARA drops out …. $560 8/15 calls for a lotto

trojanmana

them or hood have a chance to go sp 500 prob Friday with $PARA getting the boot via merger.

pilotzd

Keep buying PARA! Too many shorts on an illiquid stock

ilost190pounds

Since I think my comment got removed... I'll put the money from PARA into WBD.

Longjumping_Space_33

If we have the power to save GME, do we have the power to let PARA know they F'd up? Shall we send them a reality check?

ArgyleGhoul

wish I would have put more on PARA calls

ArgyleGhoul

PARA, BB Crying about AAL having a plane catch fire.

No-Substance-5435

PARA shorts may have a problem!😎

SSBUfan

Buying more PARA now that the Redstone cancer is officially removed

AlternativeMine586

PARA rockets tomorrow

Sliceofcheddarbtween

5 minute google search: The merger valuates PARA around 8 billion. Right now para is 13.26 dollar per share. That puts the company value at 9,35 billion. Making it already overvalued. The merger should push the stock price down. Not up. Please tell me my 5 minute research is wrong and you thought this through.

Alone-Phase-8948

That's because they're offering $15 in the tender offer for PARA. I submitted my shares a long time ago.

Vulcan1-1

PARA taking use to the SKY!

AlfrescoDog

Drop the fries. 📰 Paramount & Skydance merger has been approved by the FCC. PARA. Go see!

AlfrescoDog

📰 Paramount & Skydance merger has been approved by the FCC. Bought PARA at $13.55. She will run.

City303

PARA puts because their leadership is taking them to Rock Bottom

tpjunkie

JFC after that premiere of south park, a giant fucking stack of PARA puts. not a fucking chance that merger goes through, and trump's definitely suing.

lipmanz

Colbert got fired cause he was too expensive and the next day PARA gives the South Park guys 1.5 Billion

Working-Math-9610

like BBAI is next PLTR, and PARA is the next NFLX!

rackrate

Short PARA for cancelled Stephen Colbert

Wild_Bill_Kickcock

Should I bail on PARA or naw

DirtWallet

I’ve been keeping an eye on $PARA (Paramount Global). It’s not a flashy pick, but the market seems to be punishing it a bit too hard. The fundamentals aren’t terrible, they’ve got a huge content library, and there’s always the potential for a buyout or streaming merger play. Yeah, they’ve got debt and streaming burn, but at this price, a lot of that looks baked in. If they clean up their structure or get acquired, it could pop. Also watching $BABA — I know, not everyone’s favorite right now, but valuation vs earnings potential still looks crazy discounted long-term if you’re patient and can stomach the geopolitical risk. What are you looking into? Always down to hear new undervalued ideas.

Sharp-Branch1375

$PARA (Paramount) looks beat down way past what it’s worth. Yeah, streaming wars are rough, but their assets (CBS, Pluto, film studio) still print money.

Bryaxis_D4

PARA is undervalued and David Ellison will pump it to $30+ my DD is simple: AI movie production

Metacog_Drivel

PARA was a great meme stock a few years ago but then crashed in spectacular fashion, killing Bill Hwang in the process before changing the ticker symbol. It's been dead money for a long time now.

stickman07738

Yes, it is a rare event for success with a concentrated portfolio. I have a hard time believing in this type of success as people rarely sell at the high and never talk about their losers. Many individual investors lack a strategy to control their downside risks. Buffet controls his loses just look at his PARA, supermarkets, airlines sales. HIs wealth came because he held on to his winners and sold strategically for better returns. I retired early 11 years ago because I have a strategy and have \~ 10 holdings in my active account. After removing my original investments dollars, I move them to my hold and forget portfolio. Today, it includes META(FB)-$19 cost basis, HON - $32, LLY - $60, AMD - $2.50, GE - $6 (now have all the spin-off too), BRK. - $120.

lipmanz

PARA 🤣 that things still alive?

HighJewElfKing

PARA

dvdmovie1

In 2022, McKinsey was paid $55M to advise Warner Brothers to combine with Discovery. In 2025, McKinsey billed Warner Brothers Discovery an additional $63M to determine that Warner Brothers and Discovery should be separate brands again. From 2022-2025, McKinsey charged Warner Brothers Discovery $37M by advising the company to change HBO to HBO Max, then to Max, then back to HBO Max. Zaslav has been paid about $140M over the last 3 years alone while the stock has declined nearly 70% during that period. I've been negative on the stock on here since the spin off and while it may bounce at times I still don't understand why people are eager to invest in this. It's a poorly run company in an industry that has never really delivered for shareholders (PARA currently at $12 after IPOing at $10 ... in 1990.) In this case, WBD turns into two companies: one that will continue to be misnamaged by Zaslav, the other a bunch of declining assets and probably a lot of debt thrown in.

TheDJFC

I thought I was being clever buying a ton of PARA after the Archegos blow up.

Syab_of_Caltrops

Crazy how PARA is still in the shitter with this kind of adoption.

Prestigious_Meet820

My best that was actually in reasonable size was recent, it was $2.00 FUBO leaps purchased in November of last year. Been a really good year so far where 33/41 of my options trades are profitable and the gains outsize losses by 4 times (I just checked last week for the first time in the year). FUBO was trading at a dirt cheap multiple and trajectory was steadily improving. It had what I viewed as two major catalysts: FCF positive/net income positive, and the lawsuit settlement with Disney that was poised to payout even more than the company was attributed in market cap. Made sense to conserve capital, accept a defined loss and grab the leaps instead of shares, if anything was to happen it would be likely in 6 months but I gave it a year, Just early in the year it hit and I sold off the calls when the stock was $5.00 for a 1350% gain. Cumulatively the most profitable stocks that I trade in order are SU, DIS, PARA, and FLG, with both calls and puts. Not necessarily quality companies but when it comes to trading (not investing and holding) I don't care much lol. I've hit even crazier gains percentage wise with shorter dates but I size as if it's going to zero and as if it's a longshot so cumulatively dollar wise it isn't much.

McKoijion

Shari Redstone is a hardcore Zionist. https://www.hollywoodreporter.com/news/local-news/shari-redstone-israel-antisemitism-racism-jewish-black-hollywood-1235621524/ The only reason she tolerated CBS News covering Israel's genocide in Palestine for so long is because Paramount is in such a desperate situation. Now she's firing all the journalists and executives who covered the the story. https://www.npr.org/2025/04/23/nx-s1-5372796/60-minutes-executive-producer-resigns-saying-shows-indepependence-was-compromised https://www.cnbc.com/2025/05/19/paramount-cbs-news-ceo-wendy-mcmahon.html She's prioritizing Zionist propaganda and censorship (Hasbara as they call it) over journalistic integrity, which is going to further harm her company's desperate financial situation. Paramount is a dead company. PARA as a stock is going to continue to float along until Shari Redstone dies of old age and her heirs strip it for parts. Either that or she sells it to another like minded company like Skydance. She could get significantly more money if she sold it to someone else, but Skydance's CEO is David Ellison. Like Shari Redstone, he is also a hardcore Zionist who inherited a ton of money from his father. And before some butthurt mod bans this for being "political," this is a front page story on CNBC and every other finance focused newspaper right now. It directly affects PARA, one of the most popular stocks in this subreddit. Warren Buffet lost a fortune on it because even though it seems like an obvious value play, he didn't realize Shari Redstone prioritized controlling a news organization for political propaganda purposes rather than as a business. https://www.cnbc.com/2024/05/04/buffett-says-berkshire-sold-its-entire-paramount-stake-we-lost-quite-a-bit-of-money.html Furthermore, Bill Hwang ended up in prison for literal market manipulation on PARA stock. Credit Suisse, one of the world's largest investment banks, collapsed because in the aftermath. https://fortune.com/2024/07/11/archegos-bill-hwang-found-guilty-fraud-credit-suisse-investment-banks-paramount/

lipmanz

Why did PARA merger miss deadline?

dvdmovie1

> I just don’t understand why Netflix is trading over $1000 a share and stocks like WBD or DIS are much cheaper. PARA is up about 21% since going public.... in 1990. That is not a good record and if you look at the long-term record of Warner all the way back before the spin to the original IPO, it's not good either. Smaller pure play media cos (LGF.A, AMCX) have been obliterated since they went public. You had a business that was entirely hit driven and very cyclical. Now you have a business where the cable channels - which used to be at least a decent business - have become melting ice cubes and have either been spun off (Comcast, where they only kept Bravo) or have resulted in billions of dollars of write-downs. Last year: "During their second quarter earnings report on August 7, Warner Bros. Discovery announced an $11.2 billion including a $9.1 billion write-down for their linear cable TV networks. Besides the struggling linear cable networks, WBD cited the potential of losing the NBA as another reason. The WBD also reported a $2.1 billion of “pre-tax acquisition-related amortization of intangibles, content fair value step-up, and restructuring expenses” (https://www.forbes.com/sites/bradadgate/2024/08/09/as-linear-tv-loses-revenue-wbd-takes-a--91-billion-write-down/) So you have a media business that used to make a lot of money on network/cable channels and those audiences have eroded away. In terms of movies, it seems like every movie costs $200M now, so that much more difficult to actually make money. Everyone of these companies thought they could be Netflix but they can't, so you have all these companies with their streaming services (Paramount+, Max, etc) that are not the businesses they wanted them to be so they are now thinking more about licensing to Netflix. Well, if you're licensing the good stuff to Netflix, that's taking offerings away from the streaming service that already isn't the business you'd hoped. There is value in the vaults but 1) I don't think it's as much as people think it is and 2) having a CEO like Zaslav isn't doing anything for the value of the IP. Zaslav is absolutely one of the most overpaid CEOs in the country. It's extraordinary what WBD pays him and what PARA paid both Bakish and the three co-CEOs that came after him. So, yes, maybe there is a point where these names get cheap enough that there isn't much downside but the continued interest in these names on here in terms of the businesses themselves I don't get at all.

timforbroke

Short on PARA in case 🥭 tries to strip the CBS license for real? We know he won’t because he’s a pissy but does everyone else know that?

Turbulent-Beauty

So, WBD, PARA, DIS, and NFLX could be affected by this. Any other stocks?

Ancient_Sun_2061

I did…Did you? You selectively picked a specific movie which was approved and you ignored the rest of the article which clearly says imports of Hollywood movies are being curbed. “It was not clear if China would approve the entry of other major releases this summer, such as Paramount’s (PARA.O), opens new tab “Mission Impossible — The Final Reckoning,” which may mark Tom Cruise’s last appearance in the long-running franchise, Warner Bros’ (WBD.O), opens new tab new “Superman” movie from “Guardians of the Galaxy” filmmaker James Gunn, and Marvel’s new take on “The Fantastic Four.”

gatovision

NFLX is so pumped right now, almost $500B mcap but i think their content is stagnant and one of the worst of all the streamers. Streaming is just so fragmented now, its so difficult just to sit down and find a decent movie/show to watch without scrolling through so much shit. Some studios need to combine and take on Netflix. WBD and PARA should merge, HBO with Paramount would be a good service.

Salt_Yak_3866

valid concern for sure .I did a little research on that very topic amd they are leveraging streaming options now. for that matter, so are GTN ,,PARA and WBD etc. NFLX showed them how to make money, and now all are rushing to copy Netflix

Alone-Phase-8948

Consider PARA, they were offering $15 a share for the takeover. I believe Trump and Sherry Redstone are negotiating now. The settlement looks like it will be nowhere near the 20 billion Trump was trying to extort from CBS. I know I tendered 4,400 shares about a month ago the deal was supposed to have closed somewhere around the first of April but it got another extension something to consider in this volatile market

Jeffoxy

last chance to buy PARA calls lawsuit mediation begins today, which means merger approval

Jeffoxy

not sure why nobody is buying PARA calls when mediation on the lawsuit begins tomorrow and we all know the merger is tied to that being resolved 

Jeffoxy

🥭 meeting with CBS wednesday to settle the lawsuit 60 mins producer quit last week because paramount CEO was pressuring him to stop being critical of 🥭 why don’t you have PARA calls? 

itsarlet

I’m in the same thought. I have 11 shares and bought them super cheap. Might as well just hold out and see what happens with new PARA - maybe it’ll boom, maybe I’ll break even-ish, maybe I’ll lose all my money. Who knows. But I’m gonna hang on to it, for the plot. Y’know? 🤷‍♀️

gatovision

NFLX valuation is really becoming a joke. content is stale, its geared for teens now. Couple of these other streamers need to merge and compete. WBD (HBO) and PARA would be a better service.

Business-Ad-5344

maybe PARA

Mwiziman

PARA, our own network and studio.