451
submitted 2 days ago by Star@sopuli.xyz to c/technology@lemmy.world
you are viewing a single comment's thread
view the rest of the comments
[-] KingThrillgore@lemmy.ml 63 points 1 day ago

For those wondering who owned Last.fm, it was CBS Interactive/Paramount Streaming.

[-] itsjustachairmary@lemmy.world 15 points 1 day ago

Oof. Well, glad they got out then

[-] TotalCourage007@lemmy.world 2 points 1 day ago

Jesus, maybe some broadcasting freedom hope?

[-] Mwa 4 points 1 day ago* (last edited 1 day ago)

Its a good thing in my opinion since:

  1. Paramount is a public company and I heard some bad stuff about them like Keeping Spongebob to make extra money even after the creator died. (i kinda dont have strong opinions on public companies but still a good thing they became independent.)
  2. Paramount will be partially state owned if they merge with WB (heard that somewhere)
[-] NotMyOldRedditName@lemmy.world 2 points 1 day ago* (last edited 1 day ago)

If the Paramount deal goes ahead, it'll be 49.5% foreign owned, of which some state actors ike the Saudis via their PIF having ownership.

[-] Mwa 1 points 1 day ago

if the PIF is gonna buy it,no.

[-] NotMyOldRedditName@lemmy.world 1 points 1 day ago* (last edited 1 day ago)

What do you mean, no?

https://www.top1000funds.com/asset_owner/public-investment-fund-pif/

The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world and was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has been controlled by Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler since 2015.

The government is going to own a large part if the merger happens.

this post was submitted on 27 May 2026
451 points (99.8% liked)

Technology

84998 readers
3607 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots


founded 3 years ago
MODERATORS