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Netflix to Acquire Warner Bros

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Re: Netflix to Acquire Warner Bros

#811
post #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. "

If you have done this I would suggest selling now because of possible anti-trust problems

Re: Netflix to Acquire Warner Bros

#812

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…

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.

They don't need to make quality content, most people just watch Netflix on their second screen or mobile while doing something else.

If you want quality you'd go to something like mubi

Re: Netflix to Acquire Warner Bros

#813

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…

Sounds like something a buyer would say. Surely Netflix can handle HBO traffic better and cheaper. Maybe HBO are stuck in some deals. But it is a no-brainer to trash the HBO backend over time.

Re: Netflix to Acquire Warner Bros

#814

I 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.

If only there was an easy setup/tutorial for Usenet. I have no idea what I am supposed to pay for and what client program to use for acquiring files.

Re: Netflix to Acquire Warner Bros

#815

https://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.

> A spokesperson for the newly formed Bank One-Chase Manhattan-MCI-WorldCom said the company plans to cut 92,000 jobs this month.

They're pretty close with the headcount though

Re: Netflix to Acquire Warner Bros

#816

I 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.

> 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

#817

I 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.

I'm sorry, "the *arr stack"?

Re: Netflix to Acquire Warner Bros

#818

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.)

With a lot of competition you might have 20 great shows spread across 10 streamers. People will complain because they’d have to subscribe to 10 streamers to get everything.

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

#819

As 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…

I think theres a possibility that Zaslav prefers Netflix because if the government denies the merger he walks away with the breakup fee and can keep running WB as his own fiefdom

Re: Netflix to Acquire Warner Bros

#820
post #514

Earlier 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…

Let the market figure it out. There has never been an easier time to make content and there has never been an easier time to distribute content.
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