Most unexpected was Paramount stock’s jump. Wall Street almost always disdains giant acquisitions on the theory that buyers get too excited about big deals and overpay—and indeed, that’s usually what happens. When the deal gets sealed, the buyer’s stock usually drops, but in this case it rose almost 30%. That’s probably because analysts were pleasantly surprised: They had figured Paramount would need to raise its offer from $30 to $32–$34 a share to vanquish Netflix; instead, Paramount offered just $31 and prevailed.
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Greyscale rendering is deliberate. Gupta et al. (2023, “GlyphNet”) found that greyscale outperforms colour for glyph comparison because extreme contrast preserves edge detail through resize. No image augmentation either: flipping or rotating characters creates unrealistic glyphs.