FUCK YOU, LARRY!
Definitely able to pay for Warner Bros Discovery.
Papa Larry will inject as much cash as needed to get control of the propaganda machine.
Papa Larry lost close to 40% of his stock value in the last six months.
At the scale he operates, that doesn’t matter. When OpenAI doesn’t pay the trillion it owes him, that might actually hurt, but even then, Oracle and Nvidia are “too big to fail”, so the tax payers are probably going to bail him out.
We’ll see, that seems far from guaranteed. Even with a congressional bailout, that does not guarantee the stock will rebound, that really depends on investor confidence in future revenue, not just cash on hand. And the stock is what is being used as collateral for the media projects, it’s not Oracle’s money. If all the media projects went bankrupt tomorrow, Oracle would be on the hook for absolutely none of it. The only thing that would happen is that the stock would be transferred from Larry to his creditors.
That’s a really big loss…
I’m not a subscriber, but I borrow a family member’s account, and I wish they’d just throw the entire Paramount movie catalog on there. We watched Sunset Boulevard the other day, Paramount has an amazing back catalog
Maybe they shouldn’t run multiple different streaming services and move their IP between them to try and get people to subscribe to all of them…
lol.
