Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.
Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.
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.
My feeling is, it’s worse if we are one step closer to effective state-controlled media, but yes, all valid points