It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
"Netflix says the buy would give users more choice"
In a world with real journalism the very next question would be how but we just spread the normalization and allow the little lies.
Netflix has 300 million subscribers. Buying WB for $80 Billions means every subscriber has to pay at least ~266$ for Netflix to break even. That's about $4.50 per month per subscriber if you spread it out over 5 years. Get ready for for some price hikes.
WB is also generating money. So that's not completely true.
They'll probably make some double pack for a discounted price.
They can also raise prices for HBO
True. after a quick search the WB side has ~130 million subsribers. Taking them into account it would be ~ $3 per month instead of the $4.50.
I was really hoping for HBO to be the ones to tackle a Stormlight Archive adaptation. I no longer do.
That is my nightmare. There isnt a single fantasy book series to television adaptation that hasnt been absolutely horrible. Dont ruin my cosmere stuff please
If Netflix has this much money then I feel less bad about pirating their content for years now.
them cancelling shows should be the reason.
They've clearly got too much (fucking wrestling?), but somehow not enough for anything I want to watch.
Reality shows slop, wrestling is basically that, sinc eits not true "wrestling" is where the money is at.
Shiver me timbers! Netflix is the last streaming service I've kept, because it (so far) hasn't started showing me ads. I REFUSE TO PAY FOR ADS! Also, when they jack up the price from this merger, I'm out.
They have jacked the price multiple times over the past 5 years. It used to be $9.99 without ads. Now it's $18.99. with ads it's $8
That's bad, HBO won't make new quality show.
Get ready for Ultra Premium™️ subscription price hikes.
they will justify the merger, the money they spent on it by increasing the price. since they already removed phone casting, it be funny what stuff they cook up to restrict more access to more than one person.
Someone has to pay for that acquisition, and it won't be the shareholders.
subscription. they are probably going to either force a bundling package, or increase the price of netflix to compensate.
Usually its debt in the new company with these scumbags.
I'm ready to pirate.
I already am, but I'm still ready as well.
But just don't pirate, also share!
I seed, lend my Plex server and keep seeding while lending lol.
thank you, mitch.
I am not sure that's what anyone wanted when they said there are too many different streaming services.
Zaslav you shitbag.
This is the best possible outcome out of a very shitty list. They haf to sell, Disney already owns too much, Jeff Bezos would monetize it in the worst possible ways, and Larry Ellison is the most evil billionaire in the US. Yes, much worse than Elon, Zuck, Bezos, etc.
EDIT: Unfortunately Larry Ellison could still buy the global division which includes CNN. Netflix is only buying the studios and streaming. Still no idea what happens to DC Comics but I think it goes with global?
ellison definitely wants control of CNN, he needs to turn it into a fox-lite.
He's already doing that with CBS News, minus the "-lite." We are going to see full-on MAGA media propaganda on a national broadcast channel from now on, not just in the news, but in their programming.
TV programming is already very conservative, with all their Copaganda. Now it's going to get much, much worse.
How many more acquisitions before it's all just one entertainment company?
Price increase coming in 3… 2… 1…
This is actually worse than even Paramount aquiring them.
Both were shit, but this is hands down the worst possible outcome.
i see them dumping every new show after 1-2 seasons. only keeping the ones that gives the most subscription sign ups.
Is it? Paramount+Larry Ellison+the Saudis was not a particular great alternative either. I guess only time will tell, how this turns out.
With Paramount I think there would have been the risk of WB remaining in a similar form, but being ideologically twisted.
With Netflix or course there is a larger risk towards theatrical and physical releases as it goes against their primary business model. And the biggest threat to creativity is not ideology, but in a way the opposite. Lack thereof and instead focus on just metrics like short term viewership numbers.
The best option out of the bad ones would have probably been something like Comcast. Or in my dreams wb would have just stayed independent, splitting of linear assets. They have a ton of debt, but imo eventually they'd have been strong enough to survive. Bur I guess sadly this wasn't the most lucrative path.
with NUTREK being so poorly made as it is, paramount/ellison might finally either try to astroturf it or shut down the franchise. isnt physical release where all the pirating is sourced from, or at least most of them.
"More choice"?
You mean, nearly all of the properties WB helped run into the ground? That's not really much of more choice.
I thought Disney already did that
Maybe it's like The Producers and they're just selling it to everyone.
Netflix is the new direct tv. Instead of 500 channels, your choice of content is splattered in one spot.
comcast, soon to be. i wouldnt be surprised if they tier some of the service, like bundle, netlfix+hbo max is going to cost you more.
Netflix+HBO $50/month?
I can't wait for K-Pop Demon Hunters the ride at your nearest 6 flags..?