Will Paramount Global's weakness as a media company affect Nickelodeon?

[The Overlord]

Will Paramount Global's weakness as a media company affect Nickelodeon? It's no surprise that Paramount is the weakest of the big companies and seems like the most likely to either be acquired by a bigger player or sold for parts so the shareholders can make some sort of profit from it:

Paramount Falls Apart

Why Paramount Global is unlikely to recover from its current problems.

247wallst.com

What do you think this will mean for Nickelodeon? Will it get sold by Paramount or will Paramount be bought by some bigger player and Nick will be owned by someone else? Or does the problems of Paramount not have a big effect on Nickelodeon?

 

[Elijah Abrams]

Will Paramount Global's weakness as a media company affect Nickelodeon? It's no surprise that Paramount is the weakest of the big companies and seems like the most likely to either be acquired by a bigger player or sold for parts so the shareholders can make some sort of profit from it:

Paramount Falls Apart

Why Paramount Global is unlikely to recover from its current problems.

247wallst.com

What do you think this will mean for Nickelodeon? Will it get sold by Paramount or will Paramount be bought by some bigger player and Nick will be owned by someone else? Or does the problems of Paramount not have a big effect on Nickelodeon?

Don’t listen to that article nor anything from that websites. The article is old anyway.

 

[The Overlord]

Don’t listen to that article nor anything from that websites. The article is old anyway.

Fair enough, but I was listening to Hollywood industry podcast called the Town and it said that Paramount Global was one of the weaker media companies. That podcast came out yesterday:

The Hollywood Stock Market: Travis Kelce’s Media Career, Netflix With Ads, Mega Music Docs, and More!

Matt and Lucas Shaw also discuss the latest update in the ongoing actors strike

www.theringer.com

It's a fair topic and it's not just one source talking about it.

 

[harry580]

so, what the future of paramount global, will it get brought out by a company (maybe Wanda group will buy it like they almost did in 2016)

 

[Insidus]

so, what the future of paramount global, will it get brought out by a company (maybe Wanda group will buy it like they almost did in 2016)

Not a bad idea as there won't be offloading anything but Paramount as a whole is a struggling while Netflix and Disney can generate $150-$200 billion Paramount on the other can generate less than $10 billion.

 

[Ace]

All these old media companies are doing bad. WBD and Disney too have lots of problems.

but yeah it's already affected Nickelodeon in some ways perhaps in them not wanting to take risks and just relying more on legacy franchises and reboots rather than new stuff.

 

[The Overlord]

All these old media companies are doing bad. WBD and Disney too have lots of problems.

but yeah it's already affected Nickelodeon in some ways perhaps in them not wanting to take risks and just relying more on legacy franchises and reboots rather than new stuff.

I do think Paramount is the weakest of the bunch, its market cap is like a 10th of what Disney's is.

I was listening to an entertainment podcast that selected Paramount would either be sold outright to someone else or strip-mined and sold for parts:

‎The Town with Matthew Belloni: Who Will Buy Paramount? on Apple Podcasts

‎Show The Town with Matthew Belloni, Ep Who Will Buy Paramount? - Nov 27, 2023

podcasts.apple.com

I think the fact that Nick canceled almost everything but Spongebob and Loud House over the last couple of years didn't help the brand, but it's not in as bad shape as MTV, Paramount destroyed that brand completely.

 

[harry580]

I like to see what podcast people are saying who is buying paramount because im not into podcasts (well, expect for some)

 

[The Overlord]

I like to see what podcast people are saying who is buying paramount because im not into podcasts (well, expect for some)

They talked about possible mergers between Paramount and Warner Bros or Paramount and Comicast or Paramount getting bought up by a private investor like David Ellison:

David Ellison - Wikipedia

en.wikipedia.org

 

[harry580]

They talked about possible mergers between Paramount and Warner Bros or Paramount and Comicast or Paramount getting bought up by a private investor like David Ellison:

David Ellison - Wikipedia

en.wikipedia.org

I won't be surprise if David Ellison bought paramount, I mean, they can easily fold skydance into paramount since nearly all of skydance movies are paramount

 

[Elijah Abrams]

I won't be surprise if David Ellison bought paramount, I mean, they can easily fold skydance into paramount since nearly all of skydance movies are paramount

I wouldn’t mind if Mr. Ellison bought Paramount Global. At least the Redstones can finally be free from managing what they had for many years. The only condition is that either Skydance Animation be shut down or John Lasseter leave and head into retirement.

They talked about possible mergers between Paramount and Warner Bros or Paramount and Comicast or Paramount getting bought up by a private investor like David Ellison:

David Ellison - Wikipedia

en.wikipedia.org

If Comcast did decide to buy Paramount, they would have to sell off NBCUniversal for antitrust reasons. Maybe David Ellison could take in NBCU, @harry580, if that happened.

There is absolutely no way WB and Paramount will merge. It’s all baloney spread by Zaslav and Malone so they can be bullies.

 

[The Overlord]

I wouldn’t mind if Mr. Ellison bought Paramount Global. At least the Redstones can finally be free from managing what they had for many years. The only condition is that either Skydance Animation be shut down or John Lasseter leave and head into retirement.


If Comcast did decide to buy Paramount, they would have to sell off NBCUniversal for antitrust reasons. Maybe David Ellison could take in NBCU, @harry580, if that happened.

There is absolutely no way WB and Paramount will merge. It’s all baloney spread by Zaslav and Malone so they can be bullies.

At this point NBC universal is worth far more than Paramount Global, that would not be a good trade.

I think this topic has become more relevant with recent news that Sherri Redstone is desperate to find a buyer for Paramount:

The Vultures Are Circling: Who Will Walk Away With Paramount?

As Shari Redstone decides how to part with her empire, a number of players have emerged as suitors — all with varying, and conflicting, motivations to make a bid for the historic studio.

www.google.com

However I listened to a podcast recently that suggested the Paramount pictures studio would be the biggest prize from that company and everything else could be sold in a fire sale, which means Nickelodeon could end up run by a private equity firm that would try to drain Nickelodeon for the carriage fees until it is no longer profitable.

The Billionaire Blueprint to Buy Paramount

Matt is joined by Puck’s Bill Cohan to discuss the latest reports about Paramount Global’s potential sale, specifically looking at David Ellison’s pitch to acquire the media empire by purchasing National Amusement, Paramount’s parent company

www.theringer.com

 

[Elijah Abrams]

However I listened to a podcast recently that suggested the Paramount pictures studio would be the biggest prize from that company and everything else could be sold in a fire sale, which means Nickelodeon could end up run by a private equity firm that would try to drain Nickelodeon for the carriage fees until it is no longer profitable.

The Billionaire Blueprint to Buy Paramount

Matt is joined by Puck’s Bill Cohan to discuss the latest reports about Paramount Global’s potential sale, specifically looking at David Ellison’s pitch to acquire the media empire by purchasing National Amusement, Paramount’s parent company

www.theringer.com

Having every other asset of Paramount be sold off is that same old analyst speculation. Matt and Bill are having the same speculation analysts have.

Anyway, I believe that it’s just David Ellison himself that wants Paramount Global, which allows him to merge his two companies and absorb Skydance into Paramount, with the former’s production company absorbed into Paramount Pictures, Skydance Animation absorbed into Paramount Animation, and the other divisions of Skydance being renamed/rebranded.

 

[The Overlord]

I think this thread deserves an update, with Paramount shares reduced to junk status, Paramount cancelling Nick shows for tax write offs and Nick getting a PR black eye from that recent HBO documentary.

Paramount Global Debt Cut to Junk Status by S&P Global

The credit rating for the studio is lowered to BB+, one level below investment grade, over concerns for weak cash flows and "downside ratings pressure" as the studio pivots from linear TV to streaming.

www.hollywoodreporter.com

Paramount+ Purges Rugrats, Blue's Clues & More Nickelodeon Titles

Paramount+ has purged 10 Nickelodeon titles from the streaming service - including Rugrats (2021), Blue’s Clues & You!, and more.

bleedingcool.com

Kenan Thompson Says Nickelodeon Needs to Investigate Abuse Allegations Captured in ‘Quiet on Set’: ‘How Dare You?’

Kenan Thompson called on Nickelodeon to investigate the abuse claims captured in docuseries 'Quiet on Set.'

www.indiewire.com

I wonder if Paramount will be unable to sell the entire company to someone and will have to do a fire sale? Sell Paramount Studios to one company, sell Star Trek to another, sell Nickelodeon to someone else, etc. Though, how much would Nickelodeon be worth after this latest scandal?

 

[Elijah Abrams]

I wonder if Paramount will be unable to sell the entire company to someone and will have to do a fire sale? Sell Paramount Studios to one company, sell Star Trek to another, sell Nickelodeon to someone else, etc. Though, how much would Nickelodeon be worth after this latest scandal?

Quit exaggerating. I heard that it would be difficult to sell Paramount's assets piece by piece.

What’s Next for Paramount? Shari Redstone Has a Preferred M&A Path

Will Shari Redstone have to break up the band? Or is a comeback on the horizon for Paramount Global?

variety.com

For Paramount Global, selling itself in pieces would be “value-destructive,” David Joyce, a media and entertainment analyst at Seaport Research Partners, wrote in a note. Carving off sections of the Paramount mountain would be complex, given the interconnectivity of the IP among the various film and TV studios under its umbrella, Joyce noted. It also would disrupt existing synergies among Paramount Global’s three segments: TV media, filmed entertainment and direct-to-consumer streaming.

 

[The Overlord]

Quit exaggerating. I heard that it would be difficult to sell Paramount's assets piece by piece.

What’s Next for Paramount? Shari Redstone Has a Preferred M&A Path

Will Shari Redstone have to break up the band? Or is a comeback on the horizon for Paramount Global?

variety.com

It's not the preferred option for Redstone, but saying it is impossible is not correct, if Redstone gets desperate enough, she may do a firesale:

‎The Town with Matthew Belloni: Who Will Buy Paramount? on Apple Podcasts

‎Show The Town with Matthew Belloni, Ep Who Will Buy Paramount? - Nov 27, 2023

podcasts.apple.com

Paramount Global may be broken up in big sale

The future of Paramount Global hangs in the balance as rumors of a massive merger or acquisition swirl. Reports indicate that Apollo Global, a private-equity firm, has tabled an $11 billion bid for Paramount’s Hollywood studios, sparking speculation about the fate of the media conglomerate...

tickernews.co

The stocks going to junk status doesn't help either.

 

[Corwin Haught]

The stocks going to junk status doesn't help either.

The stock isn't junk status, their debt is. (Stocks are graded on a buy/sell/hold system.)

 

[Elijah Abrams]

The stock isn't junk status, their debt is. (Stocks are graded on a buy/sell/hold system.)

Is that a good thing, especially for the company?

 

[Corwin Haught]

Is that a good thing, especially for the company?

No, but it's a clarification that needed to be made.

 

[The Overlord]

No, but it's a clarification that needed to be made.

That feels like a distinction without a real difference. It really doesn't change my ultimate point about this company's financial health, does it?