Today, Last.fm begins a new chapter as an independent company. Ownership has changed, but the product you use every day has not. Your account, your listening history, and your data remain exactly where they are. The team building Last.fm is the same. The service continues as normal. What stays the same Your account and scrobbles Your data and privacy settings Your Pro subscription and billing (if you're a member) The people behind the product We'll share more about what comes next in the w...
    • Mwa@thelemmy.clubEnglish
      4·
      2 days 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.worldEnglish
        2·
        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.

          • NotMyOldRedditName@lemmy.worldEnglish
            1·
            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.