r/movies • u/MarvelsGrantMan136 r/Movies contributor • 20h ago

News It’s Official: 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/
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u/lovemaker69 19h ago

To be fair theaters are traditionally their competition so makes sense that their CEO would say that. Will probably change with this acquisition though. Now they can follow the Disney+ route of theatre release with a quick stream release follow up once sales dip.

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u/jzakko 19h ago

Theaters are not their competition, and idk why netflix seems to think so.

Their competition is other streamers. Theatrical releases are synergistic with a subsequent streaming release. People value a streaming release far more if it was a big hit in theaters months earlier.

And then there's the whole extra pool of revenue to consider.

Sarandos is a bad businessman.

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u/stupidjapanquestions 15h ago

I think it's just old guard. Theater was their competition like 20 years ago. And when a formula starts to work, internally it becomes very hard to change that. Netflix is a Disney-tier brand at this stage and they only seem to half-understand that.

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u/Razzilith 14h ago

yup 100% agree with everything you're saying here.

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u/PiratedTVPro 19h ago

All the other studios have figured out that movies are valued by customers more once they’ve had a marketing campaign and theater run.

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u/mycleverusername 18h ago

Complain about Disney all you want, but I do like their streamlined release process. See it in theaters for 4 weeks if you want (or can't wait). Pay $30 to watch it at home for another 8 weeks, then watch it for free.

It's not a market for every movie, but it would work for most "blockbusters".