Comment by moolcool

2 months ago

https://theonion.com/just-six-corporations-remain-1819564741...

What's funny is that Onion article uses "a blockbuster $112 billion deal" because in 1998 a figure that high was so preposterous it helped with the parody. They'd need to add a few zeros today.

  • Also funny is how many of the companies listed as top-level parts of the conglomerates, like Viacom, Paramount, Boeing, SBC-Ameritech, Bell Atlantic-NYNEX, etc. have since conglomerated further in the years since!

  • > A spokesperson for the newly formed Bank One-Chase Manhattan-MCI-WorldCom said the company plans to cut 92,000 jobs this month.

    They're pretty close with the headcount though

  • “Dr. Evil, this is 1969, that kind of money doesn’t even exist! It’s like saying you want a gajillion bajillion dollars!”

  • Inflation adjusted it would be about double since 1998 - $223 billion, this Netflix deal is for approximately 1/3rd that amount.

> Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday’s merger as “an excellent move.”

Lockheed-Northrop-Boeing-Pepsico is an excellent joke all on its own damn.

> Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday’s merger as “an excellent move.”

> “Take Paramount-Viacom-ABC-Disney, for example,” he said. “Disney makes the movie, Joel Siegel of Paramount-owned ABC-TV gives the movie a rave review, and Disney subsidiaries Blockbuster and McDonald’s promote the video release of the movie in their respective stores with mail-in rebates and Happy Meal action figures. It’s a win-win scenario.”

Apart from McDonald's, we're not that far!

Wow, I get two cookie banners and an unclosable full screen pop up on that link. The web really has become garbage.