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Warner Bros. for sale, D2D with new owner?
- Thread starter dnoonie
- Start date
One article indicated it would likely be at least 12 months before the deal closed (assuming it survives whatever vetting process they will have to go through). So it would seem our D2D options are safe in the short run at least?
dnoonie
Well-known member
One can hope.
I have a Strato E
I also have a Netflix subscription so I can watch the latest seasons of Wednesday, The Sandman (season 1 is on K' interestingly) and The Witcher. I've also watched a few other things, I'll be dropping it before it renews mid month. I don't mind watching "TV shows" streaming, it's better than broadcast, cable or satellite. Movies on the other hand, I like watching UHD BD or K'.
I wonder if K' can sell Neflix on reaching the K' audience, I hope it's possible.
Happy movie viewing!
- Joined
- Nov 27, 2023
- Messages
- 1,790
This is a revenue stream that Netflix appears absolutely opposed to. In fact they are more against digital sales than physical, which they have experimented with in the past. Netflix wants to own content themselves and control the delivery through their own streaming service. Selling their content for unlimited use through a another digital source is not the Netflix way.
So that I understand the possible routes this purchase can take, I am seeing four possibilities:
1. Netflix pulls all WB material from KScape (and other digital providers, including Apple) including material already owned - Extremely unlikely
2. Netflix pulls all WB material from KScape (and other digital providers) for new purchases, but all current owners are allowed to keep what they already own (downloaded or not) - More likely
3. Netflix leaves current WB material alone on KScape (and other digital providers), but stops leasing new material to KScape (and other digital providers), reserving it for streaming on Netflix - Most likely(?)
4. Netflix continues to make WB content and release it to KScape (and other digital providers) as currently done - Unlikely
#1 seems very draconian, and #4 is probably too good to be true. What is the prediction between #s 2 and 3? What other scenarios am I missing?
1. Netflix pulls all WB material from KScape (and other digital providers, including Apple) including material already owned - Extremely unlikely
2. Netflix pulls all WB material from KScape (and other digital providers) for new purchases, but all current owners are allowed to keep what they already own (downloaded or not) - More likely
3. Netflix leaves current WB material alone on KScape (and other digital providers), but stops leasing new material to KScape (and other digital providers), reserving it for streaming on Netflix - Most likely(?)
4. Netflix continues to make WB content and release it to KScape (and other digital providers) as currently done - Unlikely
#1 seems very draconian, and #4 is probably too good to be true. What is the prediction between #s 2 and 3? What other scenarios am I missing?
dnoonie
Well-known member
Paramount may take legal steps to block the sale. Their attorneys already complained about an unfair process. If they take legal action the FTC (Federal Trade Commission) may get involved.
The sale still has to be approved by the US SEC (Securities and Exchange Commission). Would this be to big a company? Would this give this much larger company an anti-competitive advantage?
Still much processing to do, and in the meantime...
Happy movie viewing!
The sale still has to be approved by the US SEC (Securities and Exchange Commission). Would this be to big a company? Would this give this much larger company an anti-competitive advantage?
Still much processing to do, and in the meantime...
Happy movie viewing!
And if the rumors about the owners of Paramount being buddies with Trump are true, maybe the feds make Netflix purchasing WB impossible!
DrTechBull
Well-known member
Yes thats true rumors indeed. But according today Netflix official statement that “The transaction is expected to close in 12-18 months.” By time it closes mid term elections comes into play, I don’t know much antitrust people able to stop this transaction by then.
You can read more about Netflix official statement here
- Joined
- Nov 27, 2023
- Messages
- 1,790
I think a mix of 2 and 3 is what we'd see for a period of time. If this goes through it'll be a BIG deal for media and there will probably have to be a range of agreements to not be outright consumer-hostile. Pulling all movies from all digital sources overnight would look like the government botched the approval. But, maybe fewer new movies hit. Older movies slowly get pulled from sale. 5 years later? Yeah, Warner content is exclusively on Netflix.
No, but at least the streaming option for having HBO on the cable plan will become Netflix Max, so silver lining?
FTC would be involved anyway for the antitrust issues. SEC only referees that everyone is complying with the disclosures & steps and to protect the outgoing public owners (apply air quotes as & where you see fit.)
Yeah, I don't think they do anything drastic on day one. The PR fallout would be huge.
While the deal is being approved and shortly after, they will make a big show of how it won't affect anything that exists, it will be so great for the industry and consumers, etc. Just like what happened when Microsoft acquired Activision/Blizzard. But they will slowly start quietly changing things, tweaking the contracts on all new stuff, etc. The real repercussions will start happening down the line, after the main news cycle is over.
Won't be good for employees, either. Some of them may be told not to worry and that their business units will be left to operate independently -- and that may be true at first. But sooner or later, things will start getting consolidated and the layoffs will start.
Funny, I'm the opposite. Of the big 7 studios in the main K menu, WB accounts for by far the largest portion of titles I own.
dnoonie
Well-known member
"And so it begins"
www.hollywoodreporter.com
www.theguardian.com
Happy movie viewing!
Hollywood Labor Comes Out Swinging Against Warner Bros.-Netflix Deal: “This Merger Must Be Blocked”
The most severe in its criticism was the Writers Guild of America, so far.
www.hollywoodreporter.com
‘This merger must be blocked’: Netflix-Warner Bros deal faces fierce backlash
US politicians and Hollywood guilds have voiced concerns against the proposed $83bn purchase of the studio
www.theguardian.com
Happy movie viewing!
dnoonie
Well-known member
Ha! You nailed it!!!
Keep in mind that this note comes out before the sale is actually complete, Netflix can't do anything anyway...so a bit weird.
I got a "everything is great, nothing's changing" note from Netflix late on 12/05.
Let's see if I can cut and past this thing...
Happy movie viewing!
dnoonie
Well-known member
"...a corporate drama worthy of "Succession.""
www.nbcnews.com
Happy movie viewing!
Paramount launches hostile bid for Warner Bros. Discovery despite Netflix deal
The offer comes a week after Netflix struck a deal to acquire Warner Bros. Discovery's movie, television and streaming assets. Paramount's hostile bid would see it acquire the entire company, including its cable channels.
www.nbcnews.com
Happy movie viewing!
This whole thing is so far outside my wheelhouse, and I am obviously biased, but I do wonder if the immediate reactions from the unions and even comments by a White House insider, will give the WB shareholders enough pause about the downsides of a Netflix buyout that they will seriously consider the new Paramount offer. From my reading, the "hostile bid" made by Paramount skips the board of directors and goes straight to the shareholders.
There are articles saying that the head of Netflix won over Trump in a meeting in November, where Trump said whoever offered the highest bid should win, which people take to mean his administration would sign off on the Netflix deal. Yet it would seem the path forward for Paramount would be smoother.
There are articles saying that the head of Netflix won over Trump in a meeting in November, where Trump said whoever offered the highest bid should win, which people take to mean his administration would sign off on the Netflix deal. Yet it would seem the path forward for Paramount would be smoother.
Trump is now officially on camera saying he's personally going to get involved. Let's be honest. The legality or ethics of any of this don't matter at this point. My guess is his "getting involved" means he told Larry to put in a competitive bid and he'd make it happen, provided the donation is enough. It doesn't matter one bit how he felt about the Netflix head or what he said in November. There's one thing that will decide where WB ends up and it has everything to do with greasing the wheel.