This is going to be an off the wall statement given this audience, but WWE signed an exclusive deal with NetFlix for 10 years I think in an effort to counter their main competitor AEW, which signed a deal with HBO Max shortly before that. Now they'll both potentially be on the same platform, which WWE will hate as it will be interesting in having two competitive pro wrestling promotions on the same platform.
Netflix to Acquire Warner Bros
391–400 of 1001 posts
Re: Netflix to Acquire Warner Bros
#392Any 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…
> Any consolidation like this seems like a negative for consumers.
I tend to see much more discussion about how the main downside is for sellers of content. Why is this bad for consumers?
Re: Netflix to Acquire Warner Bros
#393Consolidations like this were bound to happen. In the mid 2010s we had a good thing, only one streaming platform with pretty much every movie and tv show. Then every studio got greedy and spawned their own platform, forcing netflix to produce their own shows. Now you have 20 tv networks all with their own subscription and all losing money.
It's a repeat of how cable networks were. This is the issue with content production being owned by the distributors too. It's too profitable to own the vertical because each piece of content is an effective monopoly, because to participate in culture requires watching it (piracy notwithstanding). Therefore, the "fix" is to regulate this monopoly - by making sure that monopoly cannot exist without cost. One "simple" w…
Yeah the best way to fix this would be to enforce the separation of distribution and production via the Paramount Decree. Separate content production from the streaming service itself. Get rid of the vertical integration plaguing the industry and we'll get better content since quality will be the territory on which studios have to compete with each other again.
Re: Netflix to Acquire Warner Bros
#394Earlier quoted context omitted.
I don't know. I never really had a sensible option to watch Game of Thrones legally, it's a little late for that now but presumably this would mean it's on Netflix which would be significantly better for me. (I guess useful for House of the Dragon now). I don't think I care much about the upcoming Harry Potter show but if I did want to watch that, I'm not sure what my options would be, and Netflix seems better than m…
Far better for consumers to be able to binge Game of Thrones/Silicon Valley/whatever and cancel HBO Max than to have to pay twice as much for a subscription to both libraries to get either.
I'm actually a little surprised that, some discounts for annual subscriptions notwithstanding, the streaming services haven't done more to discourage short-term jump on/jump off subscriptions.
But they have the data and I don't. I assume there's enough stickiness and inertia that most people are not canceling and restarting services all the time. I know I don't. I just decide I don't care enough about most content (and don't really watch much video or binge watch anyway).
Re: Netflix to Acquire Warner Bros
#395I 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…
They're starting to up their quality. Frankenstein and Death by Lightning were two standout successes recently. That said, I'm more uncomfortable with the continued consolidation of media ownership and more outsize influence of FAANG tech over media.
> Frankenstein and Death by Lightning were two standout successes recently.
IMHO Frankenstein" was pretty terrible. The makeup was awful, the effects were cheap, the monster... wasn't a monster! The entire premise depends on him being a monster, not some sort of misunderstood, sympathetic EMO.
Re: Netflix to Acquire Warner Bros
#396I 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…
Lots of good lesser-known stuff on Netflix if you wade through the crap: * The Devil's Plan * Alice in Borderlands * Extraordinary Attorney Woo * Brassic * Back to Life * Intelligence * Black Doves * Top Boy * Mo * The Breakthrough * Borgen * Love Death & Robots * Scavenger's Reign As well as well-known stuff like Stranger Things and Squid Game as a sibling comment mentioned. [Edit: replies point out some of these ar…
Some foreign series gems also like The Asset, Mercy for None.
And some newer ones, American Primeval and the Beast in Me.
Re: Netflix to Acquire Warner Bros
#397The gov will block this for the wrong reasons(they want Ellison to win this) but here’s hoping this and Paramount both get blocked, this level of concentration is not good.
Re: Netflix to Acquire Warner Bros
#398Earlier quoted context omitted.
Considering WB was once the champion of that format too. Guess that is end of DVD now. Netflix has no interest in that format.
> Guess that is end of DVD now. Netflix has no interest in that format and neither do consumers. video over the internet is the future that Netflix saw 20 years ago, when others didn't, except YouTube.
That's absolutely not the case. Demand for physical media not only continues to exist but it's growing as streaming services prove undependable at keeping shows available, and are willing to censor/edit shows at a whim.
Re: Netflix to Acquire Warner Bros
#399Consolidations like this were bound to happen. In the mid 2010s we had a good thing, only one streaming platform with pretty much every movie and tv show. Then every studio got greedy and spawned their own platform, forcing netflix to produce their own shows. Now you have 20 tv networks all with their own subscription and all losing money.
>only one streaming platform with pretty much every movie and tv show
doesn't this move reduce the number of streaming services by one? we'll see how the details turn out, but if I was paying for netflix and hbo max, now I only need to pay for netflix
Re: Netflix to Acquire Warner Bros
#400Any 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…
> Any consolidation like this seems like a negative for consumers This is a very common narrative to this news. But coming into this news, I think the most common narrative against streaming was essentially "There is not enough consolidation." People were happy when Netflix was the streaming service, but then everyone pulled their content and have their own (Disney, Paramount, etc.)
I think you're right, but I've always been a bit skeptical of that vision -- it implicitly relies on the assumption that "THE streaming service" will choose to make as much content available as technically and legally possible; they're imagining something like "Spotify but for movies and TV shows". But I was always worried about "Apple's App Store but for movies and TV shows": one company with ultimate gatekeeper status over what you can and can't legally watch. (The movie and television business is not like the music business; the financial incentives don't, as far as I can tell, support the same kind of distribution models.)
I'm not particularly thrilled about this kind of consolidation, but given that Warner was going to be bought by somebody, Netflix may be one of the least worst outcomes.