Netflix will pocket a cool $2.8 billion break-up fee thanks to Paramount's offer. That certainly beats paying $5.8 billion if their offer was rejected by regulatory authorities, which appeared increasingly likely.
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Warner Bros. for sale, D2D with new owner?
- Thread starter dnoonie
- Start date
dnoonie
Well-known member
It would be nice if there was one comprehensive article about this but I can't find one.
It appears that Paramount increased their offer by a dollar a share and that part of WB was spun off into another company. What parts go with the Paramount sale? Or was the separation of traditional TV markets just a strategic one? I'm not sure.
www.wbd.com
www.nytimes.com
Once the dust settles there may be a better article out there.
Happy movie viewing!
It appears that Paramount increased their offer by a dollar a share and that part of WB was spun off into another company. What parts go with the Paramount sale? Or was the separation of traditional TV markets just a strategic one? I'm not sure.
Warner Bros. Discovery to Separate into Two Leading Media Companies - Warner Bros. Discovery
Warner Bros. Discovery, a premier global media and entertainment company, offers audiences the world's most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. The new company combines WarnerMedia's premium entertainment, sports...
Netflix Backs Out of Bid for Warner Bros., Paving Way for Paramount Takeover
The move was a stunning development in the long-running corporate battle for the storied media giant.
Once the dust settles there may be a better article out there.
Happy movie viewing!
- Joined
- Nov 27, 2023
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The split of Warner-Discovery into two companies was the original plan that would have allowed a would-be buyer to acquire only Warner Bros. Netflix was only interested in WB, so their acquisition would have waited until after the split. Paramount's offers have always been for the full company, so if this moves forward there isn't a need for the originally planned split. That is, unless regulators require parts of the company to be split to approve the deal.
dnoonie
Well-known member
Nice! Clearly/concisely covers the bases.
Happy movie viewing!
I'm sure Paramount would be better than Netflix for K customers like us since Paramount already participates on the K store.
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Obviously any time you're dealing with massive media consolidation there's going to impacts to the industry, trades, audiences, economy, politics, etc. I won't attempt to tackle any of that, but I thought I'd offer some thoughts directly impacting home video enthusiasts.
General:
Good: Paramount regularly produces new releases and catalog upgrades for home video.
Physical Media:
Good: Paramount directly produces and distributes titles on DVD, Blu-ray, and 4K UHD Blu-ray.
Good: Paramount widely licenses titles to boutique labels for Blu-ray and 4K UHD Blu-ray.
Digital Media:
Good: Paramount has their own digital streaming service to host internally produced content.
Good: Paramount licenses titles to a range of external digital streaming services.
Good: Paramount supports digital sales and rentals of its titles.
(VERY) Good: Paramount (uniquely) retains digital distribution rights of titles licensed to boutique labels.
Bad: Paramount is not a member of Movies Anywhere.
???: Paramount removed a range of 3D titles from Apple's TV App in Canada, this may have included purchased titles.*
I'm sure you can imagine what an alternate listing of Netflix could look like, with Red dominating the list. Does this mean that Paramount buying Warner is a good thing? Again, that's too big a question. Does Paramount buying Warner significantly impact the home video enthusiast? No, it should not. We should be able to continue to enjoy our hobby, including Warner titles, and there may be some opportunities for improvement.
Things I'll be keeping an eye on:
Will Paramount release/restore titles buried or hidden by Warner under Zaslav?
I'd love to see Raised by Wolves (and other "offloaded" titles) return to HBO, Paramount+, and/or digital sale.
Will Paramount pull Warner out of Movies Anywhere or choose to join Movies Anywhere?
Of the six major studios, MA current has three. Paramount/Warner will straddle the divide and could trigger a tipping point for the service.
Will Paramount's digital release strategy for licensed titles extend to future Warner boutique labels?
Imagine if the recent flood of new (and announced) licensed WB titles appeared digitally: Excalibur 4K, Cloud Atlas 4K, etc. (I'm not suggesting this could happen; those contracts are written, signed, and executed. I'm speculating on future deals after the acquisition.)
Will Paramount leverage or eliminate the (MOD) Warner Archive label/service?
*3D versions of Paramount titles added for viewing on the Apple Vision Pro are no longer available to buy/rent. One post and one comment state that purchased titles were removed from libraries. If true, this is a significant violation of expectations, particularly with Apple, and the minimal reporting is a reason for both caution and concern.
General:
Good: Paramount regularly produces new releases and catalog upgrades for home video.
Physical Media:
Good: Paramount directly produces and distributes titles on DVD, Blu-ray, and 4K UHD Blu-ray.
Good: Paramount widely licenses titles to boutique labels for Blu-ray and 4K UHD Blu-ray.
Digital Media:
Good: Paramount has their own digital streaming service to host internally produced content.
Good: Paramount licenses titles to a range of external digital streaming services.
Good: Paramount supports digital sales and rentals of its titles.
(VERY) Good: Paramount (uniquely) retains digital distribution rights of titles licensed to boutique labels.
Bad: Paramount is not a member of Movies Anywhere.
???: Paramount removed a range of 3D titles from Apple's TV App in Canada, this may have included purchased titles.*
I'm sure you can imagine what an alternate listing of Netflix could look like, with Red dominating the list. Does this mean that Paramount buying Warner is a good thing? Again, that's too big a question. Does Paramount buying Warner significantly impact the home video enthusiast? No, it should not. We should be able to continue to enjoy our hobby, including Warner titles, and there may be some opportunities for improvement.
Things I'll be keeping an eye on:
Will Paramount release/restore titles buried or hidden by Warner under Zaslav?
I'd love to see Raised by Wolves (and other "offloaded" titles) return to HBO, Paramount+, and/or digital sale.
Will Paramount pull Warner out of Movies Anywhere or choose to join Movies Anywhere?
Of the six major studios, MA current has three. Paramount/Warner will straddle the divide and could trigger a tipping point for the service.
Will Paramount's digital release strategy for licensed titles extend to future Warner boutique labels?
Imagine if the recent flood of new (and announced) licensed WB titles appeared digitally: Excalibur 4K, Cloud Atlas 4K, etc. (I'm not suggesting this could happen; those contracts are written, signed, and executed. I'm speculating on future deals after the acquisition.)
Will Paramount leverage or eliminate the (MOD) Warner Archive label/service?
*3D versions of Paramount titles added for viewing on the Apple Vision Pro are no longer available to buy/rent. One post and one comment state that purchased titles were removed from libraries. If true, this is a significant violation of expectations, particularly with Apple, and the minimal reporting is a reason for both caution and concern.
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I would add three hedges to your list...
- Physical media - Paramount has historically been the first to drop multi-format releases. I suspect this is more about their cost than the cost to consumers, which would mean they view the process as a necessary evil rather than one they are interested in perpetuating.
- Movies Anywhere - nonparticipation is bad in principle, but K doesn't either, so it is less directly impactful.
- All of them bear the huge caveat that their new overlords are still in the honeymoon phase, so while these may reflect how Paramount did things it doesn't necessarily reflect how Skydance will do things.