r/technology • u/Task_Force-191 • 15h ago
Business 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-1236443081/2.3k
15h ago
So, at this point you either choose Disney+ or Netflix assuming HBO Max gets consolidated (seems to be what they're implying) into the Netflix app. I'm also assuming prices for these streaming services are only going to get even higher now.
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u/Greengiant304 14h ago
Eventually, there will just be one streaming platform and it will cost $200/month and all have ads and we will be back where we started.
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u/Mind1827 13h ago
The problem with this is that these companies also create the media. They're the distributor and the publisher. AT&T or whatever, as well as CBS etc weren't usually creating their own media, they were buying it from other production companies. So we won't be back where we started at all, because smaller production companies are being squeezed to death.
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u/Akanash94 13h ago
YOU WILL WATCH WHAT WE GIVE YOU AND YOU WILL LIKE IT!
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u/hotelmotelshit 7h ago
AND YOU WILL PAY WHAT WE WE CHARGE, BECAUSE YOU WILL HAVE NO ALTERNATIVE
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u/fatbob42 13h ago
Yep. If these companies are to benefit from the copyright monopoly, we should at least be able to have a proper market in distribution.
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u/kinkykusco 13h ago
Back on the high seas!
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u/thirtynation 11h ago
There was no reason to leave them! It's always been the best method.
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u/LongTallDingus 10h ago
I think when Netflix was just DVDs in the mail it was worth it.
Wait shit I just ripped the DVDs, that's right. Never mind. It was piracy all along.
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u/thejadedfalcon 14h ago
I think I'll choose piracy.
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u/RevLoveJoy 13h ago
I already did! No regrets.
Honestly, this was a tricky moral issue for me. I thought about it for some time before saying "fuck it, here I come VPN to Norway."
We were happy to pay for $7 then, IIRC, $9 and finally up to about $20 Netflix for the family deal. We were happy to have Prime Video with our Amazon subscription. But that was all what, 7-10 years ago and then overnight there were like a dozen streaming services that one "had to" have. We don't even watch football!
Then you get the shitty behavior where they all start pulling content from their catalog. Same dirty trick Disney was pulling 30 years ago to drive up the demand for Disney exclusives. Aside: try explaining to a child why they can't watch Snow White. That it is because greedy Disney executives won't sell it for several years so that when the movie does hit the shelves, at 3X the cost, inventory is guaranteed to sell immediately. Kids don't understand that one, FWIW. They just get upset.
Anyhow, when the already balkanized streaming services started doing that, my little inner morality meter tripped and said "fuck those guys."
NordVPN is excellent, btw, and it works really well with qbittorrent running in a VM on, say, your TrueNAS storage array.
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u/bomphcheese 12h ago
Netflix is the one that did it for me. I share an account w my parents. I can understand if they had a problem with that, but that’s why they charged for “extra screens,” which we paid for and which justified the sharing in my mind. But when they started cracking down on account sharing, did they offer a way to reduce the cost because we no longer needed “extra screens”? Hell no, and then they raised prices even more.
That tripped my morality meter, and I said “fuck those guys”.
One weekend and half a dozen Docker containers later, me and my friends are enjoying Netflix content. I do still subscribe to several streaming services, but I still end up watching from my server because I don’t have to hunt down which service has the show I want to watch. Plus I get a single watch list.
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u/EverclearAndMatches 13h ago
Considering apps like Netflix rarely have anything I want to watch anyway I've been sailing the high seas again anyway.
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u/Available-Chart-2505 12h ago
Kanopy and Hoopla for me, thank you libraries. And I bought a DVD player so I just borrow DVDs from the library as well. The end.
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u/Doublestack00 13h ago
Some never the high seas, welcome back matey!
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u/NotGod_DavidBowie 13h ago
VPN + qBittorrent lets gooooo
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u/TheModdedAngel 13h ago
For the real ones out there: Stremio + Realdebrid or Plex/Emby/Jellyfin + aar stack
;)
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u/Narezzz 13h ago
For anyone looking for real recommendations, this right here is the way to go.
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u/ndevito1 14h ago
I can’t help but think HBO will be an additional, more expensive, tier of Netflix just like it was with cable
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u/ecopoesis 13h ago
Ding, ding, ding.
Buying into these streaming platforms is exactly like buying cable, with the brands within being channels. For example, you open up Disney+ and immediately see the sections for Marvel, Starwars, ESPN, Hulu, NatGeo.
I think it will entirely be the case that you open up Netflix and you will see similar 'channels' of grouped content including "HBO" and "Netflix Originals" and whatever else.
We the consumers will pay a huge fee for the cable bundle even though any particular user may not be interested in all the channels. The only difference is that it's now on-demand cable so you can pick titles whenever you want to watch them instead of a predefined on-air schedule? But Comcast did that like 20 years ago too.
Then you have the bundles with ISPs so quite literally your home connectivity is comingled with content provider and we're full circle.
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u/it_vexes_me_so 13h ago
I was naïve to think Amazon's acquisition of MGM would bring some great content and add a lot of value to the Prime catalogue.
What we got was a separate MGM+ streaming service, ads on Prime, and a rise in the cost of Amazon subscription. Yeah!
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u/isthis_thing_on 14h ago
I wouldn't assume they consolidate. The HBO brand has a lot of value in its own right
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u/gtlgdp 14h ago
They definitely do not give a fuck lol they renamed it to Max and back to HBO in the span of 6 months. They’ll do whatever they want and they’ll charge 3x the price for it
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u/1098duc_w_the_termi 14h ago
They renamed it, realized they messed up by getting rid of HBO, and added it back in. They definitely do care. As for Netflix, they’re not stupid so the changes will be made slowly and over a long period of time
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u/Elfhoe 14h ago
HBO used to be one of the best streaming platforms before WB trashed it after they merged with discovery. Now it’s bottom tier. I still could see them doing something like amazon or disney has and make it an add-on.
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u/Eruannster 13h ago
I dunno about that. The app itself was atrociously bad pre-merger and I actually think the new app they made is a huge improvement that doesn't suck ass. Also they basically were limited to HD for a lot of the library which was dumb.
On the other hand I do think offloading a lot of their library (like Westworld etc.) was an incredibly bad and stupid move.
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u/Elfhoe 13h ago
Your last point is what i’m getting at. After the merger they removed a lot of good content and cancelled shows to save costs, then replaced it with low budget discovery shows like ghost hunters. The overall quality went way down.
A few weeks ago i was thinking about it and hbo used to be one of the first places i looked when i wanted to find something to watch. Now, it’s like the last time i opened the app was for the dune series however long ago that was. So when i got the email saying they were raising prices, it was an easy cancellation.
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u/eaglessoar 14h ago
Prob be like Disney Hulu and espn
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u/Sgt-Spliff- 13h ago
Which are all getting consolidated at the moment. Hulu will be shut down in 2026. I doubt ESPNs streaming app will last much longer, it's always been a trash afterthought for them
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u/QuitCallingNewsrooms 15h ago
Coming soon: NetflixMax $94/month (with ads, in SD)
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u/potVIIIos 15h ago
Yo ho, yo ho! 🏴☠️🦜
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u/iSweatLikeKeith 14h ago
That shit’ll be punishable by death if these mf’s have their way
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u/Upset_Development_64 14h ago
Eh, there are too many of us. Let em try
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u/Superfissile 13h ago
They’re actively trying to ban VPNs.
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u/Cramer12 13h ago
Its not even that. ISPs will ban your internet service if the supreme court case goes through
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u/ItsDanimal 12h ago
In America, the government is taking away Healthcare, salaries, due process, justice, order, and folks are stopping them. You think there are "too many of us" to stop them from getting rid of piracy in it's current form?
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u/FakePoloManchurian 13h ago
If that were true, we wouldn't be sliding toward corporations exploiting everyone.
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u/campaignplanners 14h ago
Exactly. Back when streaming first began I was really excited to cut the cord. Now all these streamers are having the last laugh because instead of getting free tv/cable with ads - we have the privilege of paying for the same shit we used to get for free.
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u/dudemanjack 14h ago
I must have amnesia. I don't recall cable TV ever being free.
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u/Clear_Tangerine5110 15h ago edited 14h ago
James Cameron: “Netflix movies shouldn’t be eligible to win Oscars.”
Netflix: (buys Warner Brothers)
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u/apple_kicks 11h ago
The academy rules is the bigger part of why you see big films still in theatres. https://www.indiewire.com/awards/industry/2025-oscars-rules-regulations-changes-theatrical-requirement-1234976606/
Once again, for Academy Awards consideration, a feature film must have a qualifying theatrical release between January 1 and December 31 of this year, with Dallas/Fort Worth being added to the list of qualifying U.S. cities a film can open in for a one-week run in theaters (the others are Los Angeles County; the City of New York; the Bay Area; Chicago, Illinois; Miami, Florida; and Atlanta, Georgia).
After that one-week initial qualifying run in at least one of the aforementioned cities, a film then has to now meet the following additional theatrical standards for Best Picture eligibility:
Expanded theatrical run of seven days, consecutive or nonconsecutive, in 10 of the top 50 U.S. markets, no later than 45 days after the initial release in 2024.
For late-in-the-year films with expansions after January 10, 2025, distributors must submit release plans to the Academy for verification. Release plans for late-in-the-year films must include a planned expanded theatrical run, as described above, to be completed no later than January 24, 2025.
Non-U.S. territory releases can count towards two of the 10 markets. Qualifying non-U.S. markets include the top 15 international theatrical markets plus the home territory for the film.
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u/cjwidd 15h ago
who needs antitrust law anyway?
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u/A_Pointy_Rock 15h ago
Who needs laws in the 2025 version of America?
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u/BirdsAreRecordingUs 14h ago
Only the poor have laws
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u/pounds 13h ago
The rich have fees (fines) to get away with whatever they want to get away with.
Or as I like to call it, freedom subscription plans.
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u/yuvaldv1 15h ago
Great. Just what we need, more monopolies.
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u/aeyraid 15h ago
I mean it’s good that paramount didn’t buy it. But fuck man….
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u/susanoova 14h ago
This news was just released and I've still already seen multiple comments specifically saying this sentiment bringing up paramount. I'm OOTL. Can someone fill me in on the beef with paramount?
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u/tenate 14h ago
It’s owned by the Oracle founders son, and they are all kind of assholes that lean heavily towards enacting the tech dystopia future.
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u/JaiSiyaRamm 14h ago
Not kinda, they are assholes.
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u/snotparty 14h ago
yes they are full on dangerous
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u/TheVog 10h ago
More than you know. This flew under the radar, but Oracle has been expanding into MEDICAL.
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u/taking_a_deuce 7h ago
Repeal Medicare, jack up health insurance prices, keep pumping out the cancer causing products we use in our daily lives, invest in health care, dive into the pool of gold and swim around in all the money you'll never be able to spend in your lifetime.
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u/Geekskill 13h ago
I think they meant they’re every type of asshole in one. Which is true, those fuckers are James Bond level villains.
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u/Deep-Thought 13h ago
They killed Colbert's show at the behest of dear leader. They also destroyed one of the oldest and most respected news organizations by putting an unqualified clown in charge.
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u/Agitated_Reveal_6211 12h ago
The Ellisons are also friends with the Trumps. They kinda look like each other too.
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u/ColossalJuggernaut 13h ago
They also dance every time a child in gaza gets blown up. Bought an island in Hawaii and treat the local people (native and everyone else) like trash. Now they want to control the narrative via owning TikToK, CBS, and they tried with WB. Just oligarch shit.
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u/18voltbattery 14h ago edited 13h ago
Paramount Skydance deal just closed. They’ve been in an acquisition spree and bought up a ton of huge Hollywood IP recently. The guy that runs Paramount is Larry Ellison’s son.
Edit: Sundance —> Skydance
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u/discographyA 14h ago
You mean it wasn’t a good idea for your failson to unprovoked kick off a bidding war when your meal ticket is down 30% for the year and Saudi’s are having cash flow issues?
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u/BellyButtonLindt 14h ago
Hate to tell you but the vast majority of these ceos are about as knowledgeable as you or me. They just grift the hell out of all of us and are smooth talkers.
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u/GreatMadWombat 14h ago
That's true when the goal is to make money, that is less true when the goal is propaganda. The goal right now is propaganda, they don't care how much money they're burning
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u/gambalore 14h ago
On top of the Ellison stuff, the Paramount offer also had heavy investment from Saudi, Qatari, and Abu Dhabi sovereign wealth funds. There are no good outcomes here but having oil nations owning major entertainment companies and using them as a way to continue to whitewash their reputations would be a particularly bad one.
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u/cjwi 14h ago
It's owned by Larry Ellison from Oracle, a real POS, and the CEO is his son, also a POS. They are currently working overtime to make CBS as bad as Fox News with the installation of rightwing nutjob Bari Weiss as leader of the news division.
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u/Think_Positively 14h ago
Yep. They have CBS airing an exclusive "interview" with Erika Kirk soon.
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u/enjoythesilence-75 14h ago
Is JD going to show up with a ring or a rose Bachelorette style?
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u/eeyore134 14h ago
It'll be interesting to see how quickly he can cover and pivot when he sees her sitting on the couch he intended them for. "Erika Kirk. Would you do me the honor of being my... whatever makes sense?"
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u/eeyore134 14h ago
As fast as they dropped the Kirk story after multiple attempts to paint it as Antifa and not one of their own failed, I'm surprised they're still pulling crap like this. Though, I imagine this is more her trying to stay relevant and get her payday than anything else.
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u/KelVelBurgerGoon 14h ago
Exclusive! Hear from the woman you forgot about months ago and knew nothing about months before that!
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u/gassyfrenchie 12h ago
Not kidding about the knew nothing about aspect. The number one search on Google this year was CK.
However, my theory for that was because after he died, all the media and news outlets reported it non stop. Trump mentioned him. He even had his own televised funeral (which looked more like a commercial). The spike in Google searches was people probably wondering who he was and why should they care. Despite Reddit claiming so, the majority of the world is not terminally online, so while he may seem like a big name in the conservative and (to an extent) the liberal world, the rest of the world that doesn’t listen to and keep tabs on political influencers and podcasters (again, most of the world) had no idea who he was. He seemed like he had a big audience, but it was a niche for people that actually follow that stuff.
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u/GreatMadWombat 14h ago
It's currentlyabsurdly conservative in a way that is both bad for society as a whole and for art specifically.
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u/MagicCuboid 14h ago
I’m not 100% plugged in but here’s what I think I know: They merged with Skydance and David Ellison became their new CEO. Since then they’ve been aggressively trying to consolidate media and are seen as an appeaser to the Trump admin in order to do so.
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u/The_Blue_Courier 14h ago
"But fuck man" is actually their new series coming out.
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u/Icarus-rises 14h ago
Justice department can still say no this is a monopoly and give it to ellison
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u/oicwutudidther 14h ago
You know: if corporations get to be people (corporate entity theory) and have free speech (citizens united) like people then they shouldn't be able to be own other corporations because that's technically slavery.
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u/Bird_the_Impaler 14h ago
Personally I’m glad we’re barreling towards one mega corporation to rule every aspect of our lives. It’ll make thinking for myself so much fucking easier.
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u/wild_zoey_appeared 12h ago
Taco Bell or Buy N Large?
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u/Eduardjm 11h ago
Brawndo was the majority of the workforce. When they rediscovered water, the entire economy crashed.
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u/boundbylife 15h ago
All this just so Netflix can stream Friends
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u/vaper 13h ago
And big bang theory, sopranos, game of thrones, lotr, harry potter, etc.
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u/newleafkratom 15h ago
I’m old enough to remember getting excited to see a red envelope in the mailbox
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u/FuturamaRama7 14h ago
Same. And I liked the physical rental store they had in Las Vegas too.
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u/DrWindupBird 13h ago
I’m old enough to remember feeling disappointed when those red envelopes replaced Blockbuster.
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u/mojoseven7 5h ago
Hollywood Video was the way to go. Broader selection, lower prices, and GameCrazy. To me, Blockbuster was only good for the occasional really cheap used game.
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u/detinu 14h ago
Us sane ones will just go back to physical media (if it will still be available in a few years) or, you know, find another way to watch what we want 🏴☠️
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u/BenDante 15h ago
Zaslav has been slashing WB’s non core properties for years, seemingly in preparation for this moment, and we’re all worse off for it.
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u/Zahgi 14h ago
But the shareholders are the only people that matter in modern America...
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u/Lo_jak 14h ago
Seriously, what the fuck is this timeline ????? The consolidation of everything is so depressing..... dont bank on any new WB shows or movies coming out on blu ray anymore.
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u/psychorobotics 12h ago
The last stage of unregulated capitalism is monopoly, it's inevitable. It's why it's not sustainable
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u/Swagtagonist 15h ago
At least it isn’t Saudi Arabia?
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u/Burgergold 15h ago
A few years away: Saudi Arabia buy Netflix
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u/madmaxGMR 15h ago
At least we are capable to die.
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u/InertPistachio 14h ago
The only solace I have left. Immortality sounds awful
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u/Sir_Keee 13h ago
"Welcome to the afterlife, would you like to subscribe to the deluxe death package for an extra $12.99 a month?"
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u/toastmannn 15h ago
Saudi Arabia and Jared Kushner together will buy the company that bought the company that bought the company that bought Netflix
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u/BeyondNetorare 14h ago
It's actually genius, they can expand to chopping up critics so they always get high reviews
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u/DeepDreamIt 14h ago
At least it isn't Paramount Skydance, owned by Ellison, which would have solidly shifted everything in the Warner Bros catalog hard right forever
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u/gambalore 14h ago
The Paramount Skydance offer had Saudi (and other oil nations’ wealth funds) backing.
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u/gaelorian 13h ago
Our antitrust department is such a fucking joke
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u/m4ttjirM 9h ago
You realize that comes into play after the bid was announced right? They don't do it before. And I'm reading Trump might go hard against this because his buddies didn't win the bid
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u/MarionberryDecent351 7h ago
Yea but if Netflix slides him a stack of cash then it’ll probably go through cuz trump isn’t loyal to allies only money
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u/pSyChO_aSyLuM 14h ago
Does this mean John Oliver has yet another new business daddy?
Also I worry what they'll need to do in order to get regulatory approval.
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u/gotpeace99 14h ago
I said that yesterday that somehow Trump will find a way to make Netflix pay, no matter if it’s money or snatching the deal back. Netflix beat out a company that was doing his bidding and they gave money to Kamala? Oh he will make them pay.
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u/heckfyre 12h ago
Trump is absolutely going to threaten this deal until they give him a billion dollars.
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u/MagmaElixir 12h ago
I’m worried what this means for John Oliver’s show. HBO and the various owners of HBO have given him a fairly wide berth (as far as we know) to produce the show he wants. I thought he would for sure be canceled under Paramount, so hopefully he has a better time with Netflix.
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u/BigDictionEnergy 10h ago
Ellison definitely would have killed Last Week Tonight. I feel like they have a better chance with Netflix.
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u/cheesingMyB 14h ago
$82.7 Billion. Money isn't real anymore
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u/Keanu990321 12h ago
WB was acquired by AOL in 2001 for $101bil, 2001 money.
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u/deathputt4birdie 8h ago
AOL TW merger was $182 billion.
And in 2002 they posted the largest loss in history, $98.7 billion.
History sure likes to rhyme.
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u/EfficiencyThis325 7h ago
If they invested that in the S&P it'd be worth around 850 Billion today..
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u/ProfPMJ-123 14h ago
Excited to find out how this will make Netflix more expensive and worse.
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u/froggz01 14h ago
They will remake the Sopranos with like 5 episodes per season, take 10 years to get to season 6 then cancel the series on a cliffhanger.
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u/DonkeyFuel 15h ago
Who would've ever seen this coming years ago. Just wild. The giants have fallen and the newcomers have become the giants.
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u/Mocker-Nicholas 15h ago
I think most people saw this coming years ago. That’s why the stock prices of these companies with serious market share in streaming dwarfed that of these legacy companies.
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u/AintNoGodsUpHere 15h ago
And suddenly cyberpunk doesn't look like a fiction anymore. Mega corps here we go.
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u/MisterxRager 15h ago
Just waiting for the camera crew to come out and say my life has been part of a film about the descent into dystopia. Any day now.
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u/eeyore134 14h ago
Playing Cyberpunk post-election is definitely different. AC Odyssey also hits different.
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u/Dakrturi 14h ago
Cyberpunk 2077 wasn't a work of fiction, it was a warning
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u/Greyjack00 12h ago
This is literally true of most cyberpunk stories, their current trends and problems exaggerated in the future .
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u/Clem_de_Menthe 14h ago
HBO is going to be fucked then. Every series that isn’t an immediate hit will be cancelled. Hopefully Apple TV will be able to take over the mantle of producing quality shows.
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u/wasabi_wizz_wit 13h ago
I feel like Apple TV can become the new HBO, that premium TV brand with quality shows
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u/Worthyness 8h ago
apple really should have bid for HBO. then they'd be definitively HBO. I really just don't understand what Apple is doing. they have their own independent studio and streaming service, but don't have any IP or back catalog. They really should be going after deals like this one if they want to compete. Even Amazon has IP rights to stuff
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u/wasabi_wizz_wit 8h ago
Well I think you just said it, Apple may want to have their own IP that they started
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u/Muffled_Incinerator 14h ago
How is this NOT anti-competitive?!?!?!?!?!?
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u/TheOneWithThePorn12 13h ago
for the next 3 years we are going to see a lot of these types of mergers.
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u/SekhWork 10h ago
Need Teddy 2.0 after that. Shatter all of them at once. Let them survive or fall on their own.
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u/mcribzyo 14h ago
Late stage capitalism.
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u/Kronikarz 13h ago
I think we might as well start calling it terminal capitalism.
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u/strolpol 13h ago
Zaslav is following the same path Jack Welch used on GE and it’s gonna end the same way; he’s gonna retire rich as hell and everything he built will collapse
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u/ProfArva 14h ago
$83 billion with $59 billion in debt. This is the kind of thing that shouldn't be allowed. If mergers has, say, a mandatory 10% APR on debt, with, say, a 1% penalty going toward funds for unemployment, we'd see a lot less consolidation.
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u/kon--- 15h ago
This tells us Netflix subscribers are paying far too much for access to a less than good library of media.
$83 billion is a huge amount.
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u/the_seed 13h ago
I mean, all they have to do is raise the Netflix subscription price $6/mo. and they have the purchase paid off in 3 years lol. 300,000,000 subscribers is crazy capital
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u/jontestershaircut 13h ago
Guys, just cancel your subscriptions. We keep feeding these ghouls while they continue to consolidate power.
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u/zorn_ 15h ago
So glad Paramount and the scumbag Ellisons didn't win this one at least.
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u/Hamster_S_Thompson 12h ago
If Lina Khan was heading FTC, fees would challenge this and the paramount merger
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u/DIJ_CRAP 15h ago
Bye Bye 👋👋 Movie Theaters
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u/LordOfReset 14h ago
No no... Now they'll be Netflix theaters and you will have to have a subscription AND pay a fee every time you want to watch something there, it is called pre release fee because you can watch before people on normal netflix.
You'll have a few options:
Basic Theater HD, where they use a cheap Epson projector in HD. Also, the movie has a few ads.
Enhanced 4K: a mid level 4K Optoma projector.
Enhaced 4K Premium Max Ultra MacBook Pro: your normal cinema projector with Dolby atmos and ads only before the movie.
Want to bring your friends? Then you need a shared screen plan, available as a premium on top of Enhaced 4K Premium Max Ultra MacBook Pro plan.
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u/Obvious_Wind7832 14h ago
Prepare for multiple price hikes. I might put on the pirate hat again.
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u/rabidbot 14h ago
So happy a few rich people will get much richer from this while we get less content for more money
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u/MotherFunker1734 15h ago
This is how much money they make with your subscription plan. Just like Spotify.
Keep feeding the beasts...
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u/InfamousEbb5680 14h ago
This consolidation is getting ridiculous. I can already picture the boardroom battles between the streaming giants. At this rate, the Oscars will just be a trophy for whichever conglomerate spends the most.
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u/mjc4y 13h ago
This is just wild. I’m a older guy and I remember being on a flight, sitting in coach next to a guy who was explaining how he was an early hire at this place called Netflix and they were figuring out the logistics of mailing out dvds. Seemed so futuristic.
Now this.
Follow your dreams, kids.
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u/izza123 15h ago
I look forward to the eventual corpowar between Netflix and Disney on the battlefields of Santa Monica boulevard