Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.
Soooo, does that mean consumers have one less streaming service to subscribe to or would Netflix just do a price hike to make up for it?
Oh yes, market concentration definitely improves the user experience in the long run.
Provides more opportunities to loot the seas.
I have been involved in that ship for a long time (I never gave up) but it is evident that the best years in series production are behind us and less competition I don’t think will improve it, it doesn’t matter how you look at it, stranger things is not at the level of house of cards to name two from the same platform
Probably like Disney/Hulu
They’ll try a bundle deal to see if people pay for it, then if not slowly bleed shows from one service to another.
Maybe eventually combine them but they’ll try to keep paying for both as long as possible
I bet it will be more like Prime where they display everything they own to tempt you, but there’s an increasing number of additional subscriptions you actually need to access the content.
¿Porque no los dos?
This means the would-be buyer will pay WBD billions of dollars if the deal is not completed.
That’s critical because the biggest X factor is regulatory approval. The Trump administration will review any transaction between Netflix and WBD, and some analysts expect a political and legal battle to ensue.
We’re about to see how much Netflix wants to kiss the ring and what lines they’ll cross for Trump.
This means the would-be buyer will pay WBD billions of dollars if the deal is not completed.
There was a super interesting Money Stuff (Pay Now, Merge Later) recently about this kind of acquisition structure that allows the seller to keep the money even if the deal gets blown up by antitrust. It will be interesting to see how this plays out.
Larry Ellison also wants Warner Discovery. He’s kissed the ring so much that Trump has to wash the slobber off.
So we’ll see. Larry Ellison is the worst option here, even worse than media consolidation and price hikes, because Ellison wants to be the new Rupert Murdoch.
Yeah, I’m already done with Trek under the Ellison name.
I’ve cut off all these services already though, as an F U to the US threatening to annex my country, and virtually no Americans standing up against that.
Fuck this and fuck Zaslav
Would you rather Larry Ellison own it? Because that was the front runner for the longest time.
It’s sad when this is probably the best outcome if it goes through.
Best outcome would be after the deal is final people stop using Netflix.
Not enough people give a shit for that to ever happen. Hell, my wife (as much as I love her) doesn’t care. I’ve explained and shown her how much Netflix sucks but her desire to watch crappy Korean dubs without thinking too hard about how to do so takes precedence. Never mind my mother who is too old and stubborn to ever change.
But in the very least the subscription fees aren’t coming out of my account, and that’s really all I can do.
*Sad Larry Ellison noises*
How in the ever living fuck does Netflix have the money to buy Warner Brothers? If anything you would think it would be the other way around.
Oh man, all that content I dont care about that will be merged with all that content I dont care about.
Stop letting companies consolidate.
Yeah, awesome! Super cool. Now Netflix will have more of my favourite content. Surely, they won’t send it in a 720 slideshow then raise the prices by 1.5x because they have a greater monopoly, right? Right? Animaniacs!
Well shit. There goes my hopes of HBO eventually getting the rights to The Witcher and doing it right.
There goes my hope of hbo ever doing anything good anymore.
This makes me nervous about the Criterion Channel.
Does this mean Netflix has to pay the president of the united states of america some grifter money?
So what happens to DC Comics?
It becomes the sister company to… Millarworld
They should legally have to keep all their major mergers in their name. AOL-Time-Warner-Discovery-Netflix is far more representative of the nightmare times we live in.
Stop stealing jokes from Parks and Rec
Enough buyouts and the parent can have creative acronyms.
