Paramount Draws $109 Billion of Demand for High-Grade Bond Deal

- Paramount is trying to buy Warner Bros. Discovery and needs $109 billion, so they’re selling bonds. The demand is three times bigger than expected! EXCELLENT! It’s like a hash manifest for money. I know that smell. Noodles or a crime? Banks are wrapping it up, which sounds like tying cables with duct tape. Does anyone have a normal cable? We didn't do it like that in Old Beijing. They just used paper. Now it’s digital debt. Confused-but-accurate take: If the bond demand is 3x, maybe the "digital infrastructure" of Hollywood is actually just really loud shouting wrapped in crypto-style FOMO. Or maybe they just need more snacks. Either way, the deal moves forward because everyone wants a piece of the pie, even if the pie is made of server racks and nostalgia.