
u/AdVegetable8056

eBay's full letter to GameStop CEO Ryan Cohen
Dear Mr. Cohen,
The Board, with the support of its independent advisors, has thoroughly reviewed your proposal and has determined to reject it.
We have concluded that your proposal is neither credible nor attractive. We have taken into account such factors as 1) eBay's standalone prospects, 2) the uncertainty regarding your financing proposal, 3) the impact of your proposal on eBay's long-term growth and profitability, 4) the leverage, operational risks, and leadership structure of a combined entity, 5) the resulting implications of these factors on valuation, and 6) GameStop's governance and executive incentives.
eBay is a strong, resilient business that has delivered meaningful results over the past several years. We have sharpened our strategic focus, strengthened execution, enhanced our marketplace and seller experience, consistently returned capital to shareholders. With its differentiated global marketplace and a clear strategy, eBay's Board is confident that the company, under its current management team, is well-positioned to continue to drive sustainable growth, execute with discipline, and deliver long-term value for our shareholders.
Our team remains focused on executing our strategy and driving our business forward in the best interests of the company, our shareholders, our employees, and millions of buyers and sellers around the world.
Sincerely,
/s/ Paul S. Pressler
Paul S. Pressler Chairman of the Board of Directors.
eBay
When you find out that the voice actor of all your favourite cartoon characters is a vocal Israel supporter
A lot of people blame CN for cancelling these shows but the real blame should go to Warner Bros Animation. See these two properties (Looney tunes and scooby doo) are the two main pillar animation properties for WB, especially when it comes to merchandising. So they treat these two brands like toy lines. So think of these two shows as different eras of toy lines. Ultimately, these eras are never meant to last for more than 2-3 years before they rebrand it again and do something new with it for newer audiences. That's what WB did and that's what Disney, Marvel and Paramount do all the time. Basically, most of these shows based on classic merchandise-heavy properties are meant to not last long.
The only reason TTG survived this was because it was a nicher DC property and it gained strong fan reception (positive and negative) and ratings because the previous incarnation was released less than a decade earlier and still had a huge fan following. I'm sure from this point, Turner knew that these WBA shows like New Looney Tunes and Be cool scooby doo weren't gonna last which is why they were shifted to Boomerang.
(This is just what I've learnt about the industry and should not be taken as fact)