Soooo, does that mean consumers have one less streaming service to subscribe to or would Netflix just do a price hike to make up for it?
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This means the would-be buyer will pay WBD billions of dollars if the deal is not completed.
That’s critical because the biggest X factor is regulatory approval. The Trump administration will review any transaction between Netflix and WBD, and some analysts expect a political and legal battle to ensue.
We’re about to see how much Netflix wants to kiss the ring and what lines they’ll cross for Trump.
Larry Ellison also wants Warner Discovery. He's kissed the ring so much that Trump has to wash the slobber off.
So we'll see. Larry Ellison is the worst option here, even worse than media consolidation and price hikes, because Ellison wants to be the new Rupert Murdoch.
As bad as this reality is, my first thought is at least it isn't going to Larry Ellison and Paramount. Coming from Zaslov, this seems like about the same level of terrible.
I think it's actually worse.
I don't see how this doesn't lead to the removal of the HBO brand from the marketplace, and the transfer of all IP, to Netflix's algorithm driven slop machine.
Both were shitty options, this is all speculation, but something tells me that at least HBO would have survived a Comcast or Paramount acquisition, and not been converted into whatever the hell you want to call Netflix's category of entertainment.
I only hope is that this is killed by regulators, and somehow Paramount and Comcast aren't able to put together new bids.
But, I don't think that's what's going to happen.
How in the ever living fuck does Netflix have the money to buy Warner Brothers? If anything you would think it would be the other way around.
It’s sad when this is probably the best outcome if it goes through.
Best outcome would be after the deal is final people stop using Netflix.
Not enough people give a shit for that to ever happen. Hell, my wife (as much as I love her) doesn’t care. I’ve explained and shown her how much Netflix sucks but her desire to watch crappy Korean dubs without thinking too hard about how to do so takes precedence. Never mind my mother who is too old and stubborn to ever change.
But in the very least the subscription fees aren’t coming out of my account, and that’s really all I can do.
So what happens to DC Comics?
Well shit. There goes my hopes of HBO eventually getting the rights to The Witcher and doing it right.
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