by moolcool 16 hours 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
Inflation adjusted it would be about double since 1998 - $223 billion, this Netflix deal is for approximately 1/3rd that amount.
“Dr. Evil, this is 1969, that kind of money doesn’t even exist! It’s like saying you want a gajillion bajillion dollars!”
> Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday’s merger as “an excellent move.”
> Bill Clinton, chief executive of U.S. Government, a division of MCI-WorldCom, praised Monday’s merger as “an excellent move.”
Wow, I get two cookie banners and an unclosable full screen pop up on that link. The web really has become garbage.
Lockheed-Northrop-Boeing-Pepsico is an excellent joke all on its own damn.
> Taco Bell was the only restaurant to survive the Franchise Wars. Now all restaurants are Taco Bell.
Also a pretty subtle one, this article was written after Boeing and McConnell Douglas merged a year prior.
Remember, that's just a subsidiairy of the Sheinhardt Wig Company.
"Not poisoning rivers since 1997"