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Netflix to Acquire Warner Bros

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Re: Netflix to Acquire Warner Bros

#581

Any 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.)

Netflix was still competing with blu-ray/DVD/cable at that point.

"why should I watch TV on the fiddly computer when I can just pop a disc in?" or "why should I turn on Netflix when there's clearly stuff on cable TV?" -- that was Netflix's competition in those days. Because there was competition, they had to lower prices and improve service to win consumers.

Now, that competition is being destroyed. Rest assured, Netflix will use this market power to extract more from the consumer.

Re: Netflix to Acquire Warner Bros

#582

Does this mean that now I can watch Bugs Bunny on Netflix?

Seems like it. I guess it also means Bugs Bunny t-shirts will be licensed by Netflix.

They could also do crossover merch, putting Bugs Bunny on a Squid Game jacket: https://www.netflix.shop/en-pe/collections/squid-game/produc...

They'll have to step up their game in plush, this to me looks like it's from CafePress: https://www.netflix.shop/en-pe/collections/squid-game/produc...

Re: Netflix to Acquire Warner Bros

#584
post #286

In 2009 a Turner Broadcasting executive stood in front of employees and said they are not worried about Online streaming because it only covered 15 minutes of watching time among consumers. TBS, TNT, Cartoon Network, HBO, Time Inc were all under the same ownership umbrella along with the entire MGM catalog Ted Turner had acquired at the cost of losing control of his company. There were executives who knew what they w…

And netflix has ads now.

Re: Netflix to Acquire Warner Bros

#585

This was a very foolish choice on Netflix's part. Most if the iconic IP from WB/HBO has gone down hill in a dramatic fashion over the last decade. Game of Thrones was good for a few seasons, but half way through the fans started dropping almost as quickly as main characters. DC movies have had very few genuine successes, even if they've technically turned a profit. Putting all that content up on Netflix would be unli…

Don't forget that WB also managed to burn Christopher Nolan after over a decade and lost one of the best (and most profitable) directors to have ever lived. Personally I just hope Netflix takes interest in the UCI mountain bike racing and does a better job with it.

Yes, they really killed MTB. If only Re Bull TV would buy the Discovery/Eurosport part. Or GCN!

Re: Netflix to Acquire Warner Bros

#586
post #514

Earlier quoted context omitted.

I want a separation between the streaming platform companies and the content making companies, so that the streaming companies can compete on making a better platform/service and the content companies compete on making better content. I don't want one company that owns everything, I want several companies that are able to license whatever content they want. And ideally the customer can choose between a subscription t…

This should really be the end goal. We are worse off than cable right now with all these streaming services and worse , overlapping content.

Why is overlapping content an issue? Isn't that good?

Let's say I like Show A and Show B. Show A is available on Provider 1 and Provider 2, Show B is available at Provider 2 and Provider 3. Thanks to overlapping content, I can subscribe to Provider 2 and I can watch both of my favorite shows.

Re: Netflix to Acquire Warner Bros

#587

Earlier quoted context omitted.

My guess is you are right for some properties that WB owns outright, but legacy IP that has rights shared, especially pre-streaming rights will still have a lot of barriers/untangling to do. I think Netflix is the most well run media company today by a mile, but also on the spectrum of quality/art -vs- straight money/tech domination they fall into the latter category, and they are the among the least friendly to crea…

In their books (e.g. "No Rules Rules" Netflix seems extremely attractive to creators because they pay top dollar, as a general policy, and have the internal decision-making processes that support making bold bets on art without committees that push "safer" creative choices.

And this is precisely because Netflix doesn't have to hit the jackpot with each new movie. They just have to keep people hooked on that subscription. It's one of the few times where the subscription model works best.

Re: Netflix to Acquire Warner Bros

#588
post #394

Earlier quoted context omitted.

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 (a…

As much as people complain, maybe if I was still 22 and dirt broke, I'd do something like that, but more likely I just wouldn't watch TV. I didnt own a TV back then and it was fine. Now, sure, I don't exactly like being nickle and dimed from a pure intellectual perspective, but these streaming services are what? Like $15 a month a pop? That's 1/40 the cost of groceries. It's annoying but makes no difference and isn't anywhere near worth the hassle of starting and stopping. If it was a $120 a month gym subscription or the old cable bundles I used to pay $200 for, then it's getting to the point that it's worth caring about.

The stickiness is probably just that. Even as they raise prices, it's still less than we're paying for pretty much anything else. Gas, electricity, food, housing. Cut Netlix and well great, I just reduced my monthly spend from $5000 to $4980. Really making a dent there. I can retire comfortably now. It's almost as patronizing as the old avocado toast thing. Avocado toast might be overpriced and nowhere near worth it, but it isn't the reason anyone is broke.

Re: Netflix to Acquire Warner Bros

#589

Any 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…

HBO Max will need a new logo.
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