Warner Discovery up for sale

CoffeeHorse

Hanging in there
Staff member
Council of Elders
Citizen
Just gifting him a lifetime subscription might do it. He likes movies.
 

Steevy Maximus

Well known pompous pontificator
Citizen
It’s official:
Netflix will acquire the Warner Bros IP, catalogs, streaming and production assets after the existing WBD completes its mitosis next year. Valued at nearly $83 BILLION, the acquisition will bring a host of assets to Netflix like century old catalog of films from Warner Bros, MGM, and others. They will also acquire the massive Hanna-Barbera/Ruby-Spears/Lorimar Telepictures animation catalogs along with WB Interactive. WB Interactive brings with it a number of world class developers like Neatherrealm, Rocksteady, and Travelers Tales with IPs like Lego, Mortal Kombat and the classic Midway/Atari arcade properties (like Spyhunter, Defender, Gauntlet, etc).
 

Echowarrior

Well-known member
Citizen
So what does this mean for HBO Max? Will it continue to exist independently, or will it get absorbed into Netflix proper?
 

Steevy Maximus

Well known pompous pontificator
Citizen
So what does this mean for HBO Max? Will it continue to exist independently, or will it get absorbed into Netflix proper?
I’m assuming it will continue to exist for the foreseeable future. The acquisition process won’t even begin until next year when WBD finishes its grand split, and the integration process will be another year or two, at least. WBD still has assorted streaming agreements that will probably run through AT LEAST 2027, if not 2028.

After that? Who knows. Reading between the corpo-speak, my “vibe” is that Netflix is likely looking to either raise praises, or more likely, add additional tiers of content segmentation (like they do now with the ad-supported tier not having access to some Sony films available). HBO Max will probably be “absorbed” or shuttered into Netflix proper. I CAN see them turning HBO Max into a “premium” type service where you pay a premium for “first access” to films and prestige series for a set period before it cycles down to the “plebeian” Netflix tier(s).
 

Axaday

Well-known member
Citizen
I got an email from Netflix today, but it is no help beyond what Steevy said. They say nothing is happening now because the deal is not complete and they'll let me know whenever there is something else to say.
 

Echowarrior

Well-known member
Citizen
I got an email from Netflix today, but it is no help beyond what Steevy said. They say nothing is happening now because the deal is not complete and they'll let me know whenever there is something else to say.

Same.
 

Steevy Maximus

Well known pompous pontificator
Citizen
I didn’t even read it. TECHNICALLY, the deal isn’t even close to finalized given regulatory approvals necessary. But given the current political climate…despite the fuss from a number of progressives, I don’t see much barrier to this. The biggest pushback might actually come from theatre associations given Netflix’s indifference to that market and focus on home streaming. But the other major media players probably aren’t going to make too big a fuss given most of the major players already have fairly significant catalogs of their own.

Much of the progressive voices are arguing about the continued consolidation of media…but I think the perception of “it’s just movies and comics” will make it difficult for them to make a valid point about how more and more of our media consumption is being narrowed down to fewer and fewer parties.
 

Exatron

Kaiser Dragon
Citizen
Netflix and HBO Max are the two streaming services I get the most use out of, so I'm curious to see how that eventual merger shakes out. The biggest thing I hope for is that they get rid of Zaslav as soon as possible.

One other thing I'd really like to see is to revisit the DCEU. I don't mean bringing it back to kill the new DCU. For better or worse, having multiple continuities that don't interact with each other has kinda been baked into DC movies, including throughout both the DCEU and the DCU. I don't see any reason the two can't similarly coexist, at least long enough to give it a proper conclusion. Or at least another chance or 10 to have Henry Cavill back as Superman.
 

CoffeeHorse

Hanging in there
Staff member
Council of Elders
Citizen
Another reason it'll be hard to mount any meaningful pushback is that having more players in the streaming space turned out to have no benefits for anyone.
 

Pocket

jumbled pile of person
Citizen
That's the central issue with the whole economic system. Competition might be important for driving innovation and ensuring quality control, but all other factors being equal, I think most customers would prefer the convenience of only having one company or service providing everything.

Or to put it another way, imagine I made a meme out of that scene from Mulan:

"How many companies does it take to provide a service?"

*draws bow* "One."
 

CoffeeHorse

Hanging in there
Staff member
Council of Elders
Citizen
For what it's worth, he did try to stop AT&T from buying Time Warner the last time he was president. If there's nothing in this for him and he thinks opposing it will be popular, he'll oppose it.
 

LBD "Nytetrayn"

Broke the Matrix
Staff member
Council of Elders
Citizen
I swear, WB is like... someone who gets together with a lot of partners.

AOL, AT&T, Discovery, Netflix... all within the last quarter-century!

Hell, I might even be forgetting some!
 

Steevy Maximus

Well known pompous pontificator
Citizen
A NEW (old) CHALLENGER APPROACHES!

David Ellison launched a hostile bid after the announcement of Netflix's acquisition of Warner Bros. Adding almost 20 extra billion to the total, with most of it being in stock purchase price increases, the $108 Billion offer is reported to include the ENTIRE Warner Bros Discovery corporate entity, including the linear channels segment. Not only would this be more money per share, but the acquisition would be far simpler. And theoretically quicker since the buy out would not be dependent on WBD splitting itself as planned.

However, I feel this treads into more blatant anti-trust issues than simply buying the media assets like Netflix (or like Disney had done with the 20th Century Fox assets). A straight acquisition would be bring CBS News and CNN under one roof, while also locking down a LOT of sports content via TNT and CBS Sports. Looking at National Media Spots lists of top networks, this acquistion would grant a combined Skydance/Paramount/Warner/Discovery conglomerate some 50 of the top 125 channels, more than any other individual entity.
 

Axaday

Well-known member
Citizen

The Predaking

Administrator
Staff member
Council of Elders
Citizen
Personally, I wonder why the company is for sale at all. We need more companies, not less.
 

Pocket

jumbled pile of person
Citizen
Because the people who own it don't want it anymore. There are a lot of things going on here that ought to be regulated against, but letting people sell off possessions they no longer want, generally, probably should remain legal.
 

The Predaking

Administrator
Staff member
Council of Elders
Citizen
Apparently, Paramount's new offer includes a lot of funding from the Saudis. $24 billion of it comes from the Middle Eastern sovereign wealth funds like Saudi Arabia's Public Investment Fund, Qatar Investment Authority, and Abu Dhabi's L'Imad Holding Company.
 


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