Source link : https://tech365.info/the-netflix-and-warner-bros-deal-is-likely-to-be-nice-for-shareholders-however-not-for-anybody-else/
Netflix’s $82.7 billion acquisition of Warner Bros. is, in some ways, the very last thing a weakened Hollywood wants proper now. The trade continues to be recovering from the COVID-19 pandemic, the place theaters have been compelled to shut and audiences grew to become much more snug with streaming movies at residence. The WGA and SAG-AFTRA strikes in 2023, which have been pushed by respectable considerations round studio curiosity in generative AI, delayed manufacturing and promotion of many movie and TV tasks. And the rise of streaming content material pushed many media corporations in direction of taking over debt and unwise mergers (see: Warner Bros. Discovery), which led to larger subscription prices, layoffs and manufacturing belt-tightening.
How can a troubled media firm survive at this time? The reply appears to be additional consolidation. Amazon’s $8.45 billion MGM takeover in 2022 heralded future offers, like Skydance’s $8 billion acquisition of Paramount . However Netflix’s WB deal goes even additional: It may basically reshape the media trade as we all know it, from theatrical movie-going to the existence of bodily media.
What’s going to the Netflix and Warner Bros. deal embrace?
After subsequent 12 months’s already-announced separation of Warner Bros. and Discovery, Netflix says it plans to amass all of Warner Bros. remaining property — together with its movie and TV studios, HBO Max and HBO — for $82.7 billion. In response to Sport…
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Author : tech365
Publish date : 2025-12-05 19:23:00
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