Paramount is the worst case scenario for Warner Bros. Full stop. The Ellisons ruined a company I once loved working for. Netflix would be terrible for different reasons, but at least WB wouldn’t be under the thumb of Trump. Ideally, they stay independent, or some other buyer steps up.
A Warner Bros. executive on the uncertainty of the Paramount-Warner Bros. deal: “Nobody wants this merger, but what happens if it fails? Is that worse? We’ll just be sold to someone else.”