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Netflix to Acquire Warner Bros

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Re: Netflix to Acquire Warner Bros

#12

> Combination Will Offer More Choice and Greater Value for Consumers, Create More Opportunities for the Creative Community and Generate Shareholder Value No doubt about the last part, but how does merging two giants create "More Choice"? I know corporate double-speak is already out of control and I know they're writing whatever they can do avoid regulators who surely are looking into the acquisition, but surely these…

More choice as in more content available to choose from on Netflix?

Re: Netflix to Acquire Warner Bros

#14
Not sure how many of you have WBD shares with its rather tumultuous past (spin off from ATT, the Bill Hwang mess), but if you've picked up shares on the cheap in the past few years sub $10, congratulations.

"Under the terms of the agreement, each WBD shareholder will receive $23.25 in cash and $4.501 in shares of Netflix common stock for each share of WBD common stock outstanding at the closing of the transaction. "

Re: Netflix to Acquire Warner Bros

#15
post #12

> Combination Will Offer More Choice and Greater Value for Consumers, Create More Opportunities for the Creative Community and Generate Shareholder Value No doubt about the last part, but how does merging two giants create "More Choice"? I know corporate double-speak is already out of control and I know they're writing whatever they can do avoid regulators who surely are looking into the acquisition, but surely these…

More choice as in more content available to choose from on Netflix?

So when they say "Consumers", it should really have been "Netflix Customers", as for everyone else there is less choice, only already paying Netflix users get more content.

Re: Netflix to Acquire Warner Bros

#16
post #12

Earlier quoted context omitted.

More choice as in more content available to choose from on Netflix?

So when they say "Consumers", it should really have been "Netflix Customers", as for everyone else there is less choice, only already paying Netflix users get more content.

Already paying Netflix users will get to either agree with a price increase or leave :)

After all, there is more "content" now.

Re: Netflix to Acquire Warner Bros

#20

I wonder if an antitrust suit will be filed, this seems like a pretty significant acquisition.

Considering the words they're using across the announcement, it seems they're well aware what this will trigger, everything seems carefully chosen so someone can later point at this announcement and say "See, we think this will add MORE user choice, not less, which is good for competition!".

Every major merger announcement includes this obvious lie.
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