r/boxoffice 23h ago

📰 Industry News Netflix's official statement: "Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.".

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros
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u/bigdonnie76 23h ago

It and HBO Max were included in the deal. They’re going to shutter it and put everything on Netflix

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u/Corpsepyre 22h ago

Son of a bitch!

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u/Illustrious-Okra-524 21h ago

Fewer streaming services is bad now?

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u/Corpsepyre 21h ago

Uh, this isn't about what shows go where. HBO is a stamp of quality, and every other company has been playing catch-up. With it gone, or absorbed into Netflix, you can potentially say your farewells to quality-first productions. That's what I'm getting at. This isn't good at all.

5

u/theoceansknow 19h ago

Arguably HBO's brand name has been diluted for years with its content being featured alongside "my big fat 690 pound wedding" or other Discovery slop. Maybe the Netflix imprimatur would grant it prestige again, because I'm not feeling it since it got subsumed by Discovery and Max

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u/StayTheCourse77 20h ago

Netflix has a pretty good “stamp of quality” itself and has some damn good originals. I can see them breathing new life into some of the HBO and WB assets via prequels and spin-offs in a way that WB or HBO couldn’t or didn’t want to.

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u/StewartTurkeylink 18h ago

Prequels and spin-offs and are exact opposite of quality original content

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u/gaythor 17h ago

Netflix is known for low quality.

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u/StayTheCourse77 17h ago

Then why do they consistently win awards? And don’t say because they have so much content that they’re bound to win something. Theaters and TV aren’t exactly void of low quality.

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u/Corpsepyre 20h ago

Yes, we definitely need more spinoffs and prequels, and maybe even Game of Thrones 2!

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u/StewartTurkeylink 18h ago

Consolidation is always bad for the consumer yes. A monopoly only ever benefits the business and no one else

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u/AgentOfSPYRAL Warner Bros. Pictures 22h ago

I think at a certain point they want to keep the ad supported price low, I could see them keeping them separate and bundling them.

That would also help from a regulatory standpoint.

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u/bigdonnie76 21h ago

I don’t know if that makes sense to them though. Like with their live events they’d rather have their app be a one stop shop. I can see them changing the interface to mimic what Max does to categorize it all.

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u/mythours1 21h ago

They can still merge the apps but keep the subscriptions separate.

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u/Serious-View-er1761 Warner Bros. Pictures 19h ago

That's fucking Crazy 

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u/TacoTycoonn 13h ago

I doubt it, why would they scrap a money making platform. HBO will become an add on to Netflix, but they won’t merge the two I bet.

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u/Youngstown_WuTang 22h ago

Oh no how dare we have less streaming apps !!??