03 August 2022

Fly United

If you're of a certain age, you've seen the poster 'Fly United'. In the bidnezz world, M&A is the fly united meme. And it always starts with rhetoric about synergy and proposed whole being far more valuable than the existing parts. Yada, yada, yada. What really happens, for all these decades of merging, is a massive debt and equally massive cost cutting, aka reduction of product. IOW, the consumers lose. The CxO class gets richly rewarded for their 'hard decisions'. And so on.

So, another example:
The announcement of scrapping plans for the two films comes amid Warner Bros. Discovery trying to cut costs, a whopping $3 billion, in the wake of their merger in April.
American bidnezz is on your side!

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