Outrageous? Well, corporate welfare for Rolls is obviously absurd in the abstract. If there is a definition of a company that can afford to pay for its own research and development, this is it. One might also say Rolls owes us a favour since it was the recipient of billions of pounds worth of loan guarantees from the UK’s export finance agency when the Covid wolf was at the corporate door in 2020.
Three years later he was ready.
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Ultimately, Netflix and Paramount were vying for different parts of Warner Bros. Disocvery. Netflix was primarily interested in Warner Bros. proper, while Paramount Skydance wanted the whole company, cable networks and all. Either deal would need to be approved by regulators, which is the hurdle Paramount and Warner Bros. Discovery face now. The general assumption has been that the close relationship Paramount CEO David Ellison and his billionaire father Larry Ellison have with the Trump administration would smooth over any issues, but the deal will receive scrutiny abroad and likely also at the state level, based on a recent post from California Attorney General Rob Bonta.