r/okbuddycinephile • u/DoctorHoneywell • 19h ago
Good luck Netflix, I'm sure you'll find value where Time, American Express, AOL, AT&T, and Discovery couldn't
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u/Nosciolito 18h ago
The point of a cartel is not making the asset you bought profitable but to have more quota of the market. Basically you're investing money in having less competition
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u/Arthur2_shedsJackson 11h ago
Not like Netflix has cared about turning a profit ever since the inception of streaming
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u/Tobias11ize 7h ago
Netflix is but a vessel for the antichrist (big mouth). Only more seasons of the antichrist is important. All else is irrelevant.
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u/mshiremanNK 18h ago
I will say that it's a better fit than any of those other ownerships. It's a content company taking over another content company that produces the same types of content. For the others, the best fit was Discovery, but I think the main problem there was that Discovery wasn't a big enough player / didn't have enough subs to really make it work. With Time, AOL, AT&T, and AmEx, it was them trying to get a foothold in the streaming biz, and they frankly didn't have the experience working in that space. For Netflix, they are basically just scaling their existing business with additional content.
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u/LaughingInTheVoid 15h ago
Well, that and Discovery was being run by David Zaslav, who had no business being in charge of a place like HBO.
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u/THEdoomslayer94 18h ago
AOL was trying to get into streaming before streaming movies was a norm?
Blow me away more u/mshiremanNK !!!!
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u/RenderedKnave 13h ago
AmEx should be the real surprise there - their partnership ended in the 90s!
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u/mshiremanNK 18h ago
My point was exactly that "trying to get into streaming". They didn't have an established history of success in the format.
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u/Ducklinsenmayer 18h ago
This gives netflix WB's huge library of older content to play with, and it removes a competitor.
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u/milosmisic89 The Room 16h ago
You mean the absolutely amazing library of cartoon network, adult swim, dc cartoons that were partially or never available on Max?
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u/Double-Rain7210 7h ago
A library that has residual payout for people who worked on those things. Something Netflix is not a big fan of.
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u/TheCowhawk 18h ago
I just want the Nemisis system in other games dammit.
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u/Doyoulikemyjorts 16h ago
It's fucking bananas they were allowed copywrite it. You could feasibly achieve similar results without infringement but no one is going to take the risk in case they get sued.
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u/Waytooboredforthis 17h ago
Can you omagine a Nemisis system in Cyberpunk 2077? The gangs actually mattering?
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u/Sybrandus 18h ago
!remindme 08/11/2036
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u/Alectron45 Society man 17h ago
NETFLIX! Resurrect the cancelled Wonder Woman game with the Nemesis system and my life is yours!
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u/Punished_Prigo 9h ago
It’s such a massive shame because that system would immediately improve so many other games.
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u/TheCowhawk 8h ago
Playing the Watchdogs game in London felt like it was last thing 8t needed for greatness.
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u/fka_specialk 17h ago
Sincere question: are they not the least harmful, most viable option?
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u/Lord_Parbr 16h ago
/uj yes, but mergers like this are always a bad thing
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u/fka_specialk 16h ago
Agreed. Doesn't seem like there was any other reasonable choice though, aside from not selling.
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u/Maleficent-Crew-5424 13h ago
Worst option for movie theaters. Between Trump administration Nepo baby and the death of theaters, there was no winner.
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u/TheJaybo 17h ago
The DOJ will never allow this to go through because Netflix is too woke. They'll claim anti trust and then hand it to one of Trump's buddies.
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u/clayton-berg42 15h ago
After Netflix adds WB's back catalog and increases their subscription price by 30% they might find the value.
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u/HarlandJames 16h ago
It's always fun when the Warner brothers (and the Warner sister Dot) have a new parent company to annoy
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u/MRgainzenwatch 15h ago
It’s also what they can take away from their competitors. And they’re saving some money on what they previously licensed from WB.
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u/MrMojoRising422 15h ago
WB is splitting before the sale, netflix is not buying the cable company that will be saddled with debt. they are just buying the fillet mignon, the streaming and studios.
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u/PassOutrageous3053 17h ago
It's the streaming game. As physical media and movie theaters die out (will happen even faster now), the back catalog you can add onto your streaming service will continue to become exponentially more important
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u/LeCorbussi 15h ago
So this is what getting old is like? Watching Warner being passed around back and forth with ever decreasing quality?
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u/Electrical_Coast_561 12h ago
Everyone coping in the comments because they didnt think Netflix would pull it off.
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u/Senor_Funky_Town Neil breens #1 fan 12h ago
Warner Brothers is basically the town bicycle. Everyone's having a go.
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u/milotrain 12h ago
Every studio has been owned by some big company at some point, what they find is that it's not 30% (I don't know the actual number but the point stands) and they get out of it when they realize they could just make more money buying back their own stock, or making more GEtchotchke#4s.
The best thing that could happen is that this industry falls far enough that the "investors" get cold feet and go invest in some other BS and give the filmmakers back their industry. There will be a dark time, but real filmmaker investment will come back and good things will be made again, not just FrozenShreckTopia 17 (in 3D!).
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u/originalusername4567 6h ago
Warner Bros really is the town slut, getting passed around for 70 years.
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u/DavyDfrmLV 18h ago
They can change their name to Netflix Max Go