It's official: Netflix and Warner Bros. Discovery announced an agreement under which Netflix will acquire Warner Bros., including its film and television studios, HBO Max and HBO.
I was worried Paramount/Skydance would buy it up as I saw that as worse given how they’re most interested in making nakedly fascist slop compared to even the rest of the American competition and anything that punts Zaslav out of power is a good thing for media overall I think. This does give Netflix a much needed DEEP IP catalog of both existing shows/movies they can stream as well as IP universes they can make content for. One of their bigger problems competing with HBO, Disney, and the networks was they all had vaults of content they could slop out to nostalgic consumers (I’m guilty of that too) at very little cost and they could do reboots and sequels and so on while Netflix was stuck building from the ground up.
But who knows maybe they’ll mismanage it and go down in flames. Should be interesting at least and maybe they’ll give us a few quality pieces of content before they get bored trying to prove they’re alright to the audience and industry and go back to turning the screws on everything to squeeze max profit out of it.
I was worried Paramount/Skydance would buy it up as I saw that as worse given how they’re most interested in making nakedly fascist slop compared to even the rest of the American competition and anything that punts Zaslav out of power is a good thing for media overall I think. This does give Netflix a much needed DEEP IP catalog of both existing shows/movies they can stream as well as IP universes they can make content for. One of their bigger problems competing with HBO, Disney, and the networks was they all had vaults of content they could slop out to nostalgic consumers (I’m guilty of that too) at very little cost and they could do reboots and sequels and so on while Netflix was stuck building from the ground up.
But who knows maybe they’ll mismanage it and go down in flames. Should be interesting at least and maybe they’ll give us a few quality pieces of content before they get bored trying to prove they’re alright to the audience and industry and go back to turning the screws on everything to squeeze max profit out of it.