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. "
Netflix to Acquire Warner Bros
811–820 of 1001 posts
Re: Netflix to Acquire Warner Bros
#812Earlier 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…
Netflix really struggles to make quality content. If we could somehow divorce the studios from the platforms, that would be ideal. But that ship sailed a long time ago.
If you want quality you'd go to something like mubi
Re: Netflix to Acquire Warner Bros
#813Any 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…
Re: Netflix to Acquire Warner Bros
#814I cancelled all my content subscriptions and I'm back to torrenting. I barely watch anything made my Netflix regardless. I think either Dark or the 3rd season of Stranger Things was the last time. Snyder's SciFi movie wasn't much good either. By now the streaming services are en route to become as terrible as whatever they were set out to replace. Once one of them started heavily advertising their own productions eve…
Usenet + the *arr stack + Plex or Jellyfin make it completely effortless to watch any movie or TV show I can think of. And I don't have to play the 'which service has this?' game.
Re: Netflix to Acquire Warner Bros
#815https://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.
They're pretty close with the headcount though
Re: Netflix to Acquire Warner Bros
#816I never imagined that a service that ships DVD via mail would one day buy Warner Brothers. It is amazing how innovation and focus can change the game. Someday a new startup will piggy bank on Netflix and probably buy it later.
Netflix got it's start shipping CDs, which was only possible due to the first-sale doctrine. The rights landscape hasn't adjusted for the new technologies. How could an new player disrupt a streaming world when everything is so locked down?
Re: Netflix to Acquire Warner Bros
#817I cancelled all my content subscriptions and I'm back to torrenting. I barely watch anything made my Netflix regardless. I think either Dark or the 3rd season of Stranger Things was the last time. Snyder's SciFi movie wasn't much good either. By now the streaming services are en route to become as terrible as whatever they were set out to replace. Once one of them started heavily advertising their own productions eve…
Usenet + the *arr stack + Plex or Jellyfin make it completely effortless to watch any movie or TV show I can think of. And I don't have to play the 'which service has this?' game.
Re: Netflix to Acquire Warner Bros
#818Any 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.)
Consolidation reduces the number of streamers, but reduces the competition too. The number of great shows will go down faster than than the number of streamers too.
The endpoint would be one streamer, with maybe 0-1 great shows. The vast majority of content will be low risk and cheap to produce.
With one big streamer it will be easy to manage your subscription, but the price will still be at least as high as subscribing to half a dozen small streamers, and the shows will be worse.
(Hope you like repetitive, formulaic shows, which, at best, are a rehash last year’s mildly entertaining show. That’s what you can look forward to.)
Re: Netflix to Acquire Warner Bros
#819As long as David Zaslav is kicked to the curb instead of given power inside Netflix, this could still be a win for the world. I don't know how else we were going to get him out of there. Heck, Netflix might actually promote Our Flag Means Death! (HBO being so terrible at modern promotion is what ultimately got them to this place. I found multiple series I really enjoyed there, but always by total accident scrolling a…
Re: Netflix to Acquire Warner Bros
#820Earlier quoted context omitted.
> 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 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…