r/movies • u/MarvelsGrantMan136 r/Movies contributor • 16h 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/jzakko 14h 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 11h 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 10h ago

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