Paramount’s $108 billion bid for Warner Bros. has got Late Show host Stephen Colbert curious about its economics. The bid, led by CEO David Ellison, is significantly lower than Netflix’s $82.7 billion deal to buy the studios and assets. Despite the large price tag, Paramount’s offer includes $24 billion from wealthy funds controlled by Saudi Arabia, Qatar, and Abu Dhabi. Colbert jokingly wonders if this influx of cash would address cost concerns behind CBS’ decision to cancel The Late Show after its current season.
Source: https://www.hollywoodreporter.com/tv/tv-news/stephen-colbert-paramount-warner-bros-bid-1236448146