Elon Musk puts $1 billion into Skydance
Elon Musk has reportedly invested $1 billion in Skydance, weeks after Warner Bros. Discovery and Paramount Skydance's merger closed.
I’ve documented for years how major media consolidation is simultaneously completely pointless and incredibly harmful. Such deals exist exclusively so that unremarkable rich men with no real ideas can grab some tax breaks, create the illusion of perpetual growth, and pretend they’re “savvy dealmakers.” Yet every single time a major media merger is completed the […]
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