This is just one instance, but the propaganda effect I think is happening strong. I think probably all of public opinion is being manipulated like this...
For Paramount, I'd imagine they have no choice but to do this. It would be naive to think its opponents aren't astro-turfing the other side.
This is wrong. There are mass layoffs because you don't need 2 HR departments, 2 Accounting departments, and so on. You can often do away with lots of sales & marketing too, in some industries.
These are called "cost synergies" in M&A, and are basically the only synergies someone will give you credit for in a deal.
Debt financing is not required for there to be cost synergies.
If I were a loyal Spirit Airlines customer, I’d have supported their proposed merger. Similarly, when an artist I love gets greenlit by a major studio, it’s news worth celebrating—they’re getting more resources at their disposal.
(To be clear, I think the Paramount merger is a travesty, but mostly due to corruption rather than anything intrinsic to Hollywood needing protecting.)
Cry no tears for these leaders.