“The goal is to become HBO faster than HBO can become us.” - Ted Sarandos in 2013 Seems Netflix won that race.
Why would anyone want to be old HBO? Writing good scripts is hard and not rewarded.
Netflix to Acquire Warner Bros
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Re: Netflix to Acquire Warner Bros
#232Netflix was the worst option, except for all the others who were bidding.
Re: Netflix to Acquire Warner Bros
#233Any consolidation like this seems like a negative for consumers. But at least it wasn’t bought by Larry Ellison, as was considered very likely (assuming this merger gets approved, in the current administration you never know). From a Hacker News perspective, I wonder what this means for engineers working on HBO Max. Netflix says they’re keeping the company separate but surely you’d be looking to move them to Netflix…
What happens to HBO Max? Will you be able to watch all that with a regular Netflix subscription? Seems the business doesn't make sense unless New co revenue >= Netflix + HBO revenue Also: is Netflix going to take the theatrical and traditional TV businesses seriously at all?
> Also: is Netflix going to take the theatrical
Hopefully? I don't have time for yet another 10 episode limited series (best case) that could have been a 2 hour movie.
> and traditional TV businesses seriously at all.
Do you mean the stuff that occasionally interrupts the regular pharmaceutical ads?
Re: Netflix to Acquire Warner Bros
#234Re: Netflix to Acquire Warner Bros
#235I don't like this. Netflix rarely creates excellent content; instead, it frequently produces mediocre or worse content. Will the same happen for Warner? Are cinemas now second behind streaming? Edit: I agree Netflix has good Originals. But most are from the early days when they favored quality over quantity. It is sad to see that they reversed that. They have much funding power and should give it to great art that re…
>it frequently produces mediocre or worse content. Will the same happen for Warner?
HBO hasn't produced good content in years at this point. Since before the last season or two of Game of Thrones, I should think. The other brands in Warner didn't even really have that much prestige.
Re: Netflix to Acquire Warner Bros
#236I don't like this. Netflix rarely creates excellent content; instead, it frequently produces mediocre or worse content. Will the same happen for Warner? Are cinemas now second behind streaming? Edit: I agree Netflix has good Originals. But most are from the early days when they favored quality over quantity. It is sad to see that they reversed that. They have much funding power and should give it to great art that re…
Is it actually worse than the status quo though? I'm not so sure. I hate this era of consolidation but Warner and HBO have already degraded, so this may be the least bad outcome here.
I don't want you to think I'm picking on you; but, I've been thinking about the MBA-bullshittism "consolidation" for a while. It's really a euphemism for "trust formation", right? It seems like we fought tooth-and-nail just 100 years ago to set up real antitrust laws, with real teeth... and now every industry is "consolidated". What's going on in health and seed and cars makes me seethe.
Re: Netflix to Acquire Warner Bros
#237Any consolidation like this seems like a negative for consumers. But at least it wasn’t bought by Larry Ellison, as was considered very likely (assuming this merger gets approved, in the current administration you never know). From a Hacker News perspective, I wonder what this means for engineers working on HBO Max. Netflix says they’re keeping the company separate but surely you’d be looking to move them to Netflix…
What happens to HBO Max? Will you be able to watch all that with a regular Netflix subscription? Seems the business doesn't make sense unless New co revenue >= Netflix + HBO revenue Also: is Netflix going to take the theatrical and traditional TV businesses seriously at all?
Your model might be too simplistic.
It’s more like Net Margin (Netflix + HBO) > Net Margin (Netflix | separate HBO)
Re: Netflix to Acquire Warner Bros
#238https://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.
Re: Netflix to Acquire Warner Bros
#239Oh sweet, two of my subscriptions now reduced to one. Right?
That's my thinking. I get the argument for "reduced competition" but Netflix and HBO aren't competitors. They are just two companies in the same line of business, but with different production lines. I do wonder what it will do for their sports deals. HBO have had the rights to a lot of sports, including Tour de France and the olympics and is the only way to get EuroSport, as well as a number of TV channels, includin…
You don't see reduced competiton? HBO Max and Netflix are director competitors, post acqusition Netflix no longer had to compete hard with shows like Succession. The expanded catalog makes it even harder for smaller streamers to compete.
On sports rights Netflix no longer has to bid and compete with HBO, and same story having a bigger live sport inventory.
This is not unlike consolidation of food distributors where the end up wielding strong pricing power, farmers have fewer options to sell to and restaurants have few options to buy from. The middleman profits.
But yeah Netflix will probably spin off Cable
Re: Netflix to Acquire Warner Bros
#240Earlier quoted context omitted.
Seriously? The Crown, Stranger Things, Unbelievable, Russian Doll (wow, just wow), Orange Is The New Black, Narcos, Narcos: Mexico, GLOW, Daredevil, Jessica Jones, Ozark, Nobody Wants This, Altered Carbon, Dirk Gently, Mindhunters, The Queen's Gambit, Unbreakable Kimmy Schmidt. And that's just what I can remember off the top of my head. And that's my taste, there's more not to my taste like Squid Game, Wednesday, Bri…
a lot of these projects were cancelled though. imo, that's the worst thing about Netflix. its not that they don't produce good series, its that when they do they have a high peobability of getting cancelled.
I feel like people who say this never watched a lot of TV before Netflix. Every popular show overstays its welcome and gets cancelled once people get bored. That's just how TV works. Netflix isn't even the worst offender.