[afavour]

I assume OP is talking about an ideological motive to take over the media industry and pivot it in a rightward direction. That’s certainly what happened with CBS News, I think it’s fair to speculate about CNN too.

No idea why OP alluded to it rather than just said it though.

[warkdarrior]

Even if that is indeed the motive, the article is useful in showing how from a financial perspective this is bad deal for Paramount.

[afavour]

Absolutely. But it’s still relevant because depending on your goal (and your resources) a bad deal that burns cash might still be a positive outcome.

Not dissimilar from Musk buying Twitter, objectively he overpaid by a ton for a business that wasn’t thriving. But I think time has shown that his purchase has paid political and ideological dividends. Which might be worth the money to him.

[bdangubic]

didn’t think I had to actually explain it :)