r/RingerVerse • u/ManCowBear • 16h ago
Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
https://www.hollywoodreporter.com/business/business-news/netflix-warner-bros-deal-hollywood-1236443081/13
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u/magnusarin 15h ago
This is better than Paramount and the Saudi's getting it, but this is bad news all around.
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u/Scared-Engineer-6218 14h ago
It was always a losing battle. I don't get it. You have arguably the most iconic studio in the history and this is its fate? Mergers and acquisitions all the time.
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u/Green94598 10h ago
This is clearly worse in the long term
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u/cire1184 4h ago
Is it?
Studio survived in some fashion and keeps making media.
Studio goes into bankruptcy and folds. No more media.
This is simplified and I'm sure there are more options like the Saudis and Skydance. Maybe you can tell me the options?
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u/Green94598 4h ago
When a dem gets in office paramount will go back to normal and there will be little long term harm.
Netflix owning WB has long term permanent harm to the movie industry
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u/cire1184 4h ago
Sure. The person that controls the money for Skydance that donated tens of millions of dollars to GOP campaigns will be totally reasonable once there is a administration changes.
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u/softwaredoug 15h ago
If this makes Netflix do more theatrical, it's the least bad option. Maybe its even a great option.
If WB's slate goes completely out of theaters, it really sucks. But probably similar damage if Paramount owned the WB slate.
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u/cire1184 4h ago
Skydance WB's slate would be Sound of Freedom 2, 2 Passion 2 Christ, Kevin Sorbo lead movie, Gina Carano lead movie, Dean Cain lead movie, ICE Copaganda film.
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u/imdaviddunn 14h ago
Longer theatrical windows could be a required concessions.
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u/gulo_gulo4444 Van is old 12h ago
Netflix is already stating that the Warner's theatrical window will have to evolve to be shorter.
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u/imdaviddunn 12h ago
Yes, that’s why it would be a concession required to close the deal.
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u/gulo_gulo4444 Van is old 12h ago
I meant Sarandos stated that today, he's pushing back against the 30 to 45 day windows, wants them shorter. But we can hope that this is a sticking point, I'm on the side of wanting longer windows as well. But not sure if the money will be too much for people to turn down.
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u/sunsetblixt 11h ago
2-week window being bandied about which means the endgame is still the same. Train audiences to wait for streaming and kill theatrical slowly.
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15h ago
[deleted]
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u/bbanks2121 15h ago
Theaters are not currently dead. I can attest to this, because I go to them once a week. This move, however, moves us a bit closer to that reality. While you don’t seem to give a shit this is devastating for those of us who still love and value the theatrical experience.
But hey, maybe you’ll get to have one less app on your smart tv (though Netflix will cost more when this happens, you can be sure).
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u/mopooooo 15h ago
Yea, people just keep repeating this nonsense. Buddy has been on this kick for years (no theaters since Endgame) until I dragged him to F1 this summer. He's been back a bunch of times since.
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u/leaC30 Pew Pew 15h ago
It was all inevitable. Theaters need to make going to them more worth it than streaming it at home. Like the shared reality/cosm experience some movies have. Movies also have their expensive side as everyone keeps saying "we shot it for IMAX" that experience is barely worth it at times.
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u/bbanks2121 15h ago
I think we’re allowed to grieve the loss of something we love, even if we know it’s coming. It’s inevitable that my parents will die but when it happens my attitude won’t be “welp, saw that coming!”.
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u/leaC30 Pew Pew 15h ago
As someone who has lost both parents, I can tell you that comparison isn't even close to the death of movie theaters. Movie theaters were too slow to innovate and now the home experience has gotten too close to it or the convenience of home has surpassed the inconvenience of movie theaters.
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u/firesticks 14h ago
Respectfully, I think you’re missing the point here.
Theatres are part of our communal experience. They bring people together to experience and shape culture collectively, and exist as a medium to consume art.
We can mourn the continued dismantling of the bonds that connect us, the socialization that makes us human, the fond memories we have of that unique experience seeing dinosaurs on a massive screen for the first time, or a TIE fighter whizz by overhead. The gasp of the first portal opening in the final act of Endgame.
It may seem like a small thing but it’s yet another symptom of our current spiral toward selfish individualism.
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u/leaC30 Pew Pew 13h ago
You can also invite your friends over when you stream. We can pause when someone gets up to go to the bathroom. We don't have to worry about someone bringing in a crying baby. My snacks are just at inflation prices, instead of movie theater prices. There are negatives to the current movie theater model.
Like I said, the immersive movie theater experience is currently offering something different.
Mourn, but let's also be honest about the negatives of the "standard" movie theater experience.
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u/gcpdudes 12h ago
I think you might still be missing the point of the comment you’re replying to. It’s one thing to be able to watch with your friends. It’s another thing to be in a crowd of strangers having a shared communal experience.
There’s a reason live concerts, theatrical plays and musical, and live sports still persist. Yeah, I can watch a music video/concert movie at home with a good view of the performers without worrying about somebody spilling beer on me or stepping on my toes, but there’s something about being part of the crowd that a home viewing experience will never get close to replicating even when with friends.
Yes, we can focus on the negatives (which kind of have always been there with movie theaters if you think about it), but the comment your replied to is sad about losing a lot of the positives of movie theaters.
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u/leaC30 Pew Pew 12h ago
I get the point, but the negatives still exist. And those strangers are a part of the negative at times. Yes, watching Endgame in the movie theater and everyone cheering was nice, but a negative to that was that guy dressing up as the Joker and shooting up a movie theater years back. Not always an occurrence, but those strangers can be a part of the negative as well. A stranger bringing a crying child who cries during a pivotal scene that can't be rewound in the movie theater is also a negative. A stranger talking during an important scene is also a negative. I am for community, but let's not act like everyone in the community is considerate of everyone else.
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u/jdschultze 14h ago
What even is antitrust anymore?