Techdirt reports that the newly formed Skydance is already worth less than half of Warner Brothers and Paramount combined. The outlet presents this as another example of media consolidation that is both pointless and harmful, rather than a genuine business success.
The article argues these deals exist mainly so unremarkable rich men with no real ideas can capture tax advantages and simulate endless growth. From a law-and-policy perspective, that is a warning about approving large media combinations without evidence of public benefit.
Because there is only one source, there is no differing view to compare. Techdirt's conclusion is explicit: the combined company's reduced value undercuts the rationale for the merger.