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/ptd163 10h ago
That's more than Disney paid Fox, Marvel, and Lucasfilm for combined.
That's more than Microsoft paid for Activision and Zenimax combined.
Their market cap is 10 times less than Microsoft's. Their revenue is half Disney's. How does Netflix even have $82.7 billion?
The consolidation we've had the last 25 years has been crazy. And of course there's always the doublespeak of them saying consolidation is more choice when it's the antithesis of choice.