General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNetflix has acquired Warner Brothers
Good, Keep it out of Larry Ellison's hands. CNN will not become another Fox news.
HAB911
(10,175 posts)As per WBDs original split plans, the Warner Bros. studios and streaming business consists of Warner Bros Television, Warner Bros Motion Picture Group, DC Studios, HBO and HBO Max, as well as their film and television libraries.
Global Networks, or the businesses that would likely not go to Netflix, include entertainment, sports and news television brands and channels globally including CNN, TNT Sports, Discovery networks, top free-to-air channels across Europe, the Discovery+ streaming service and Bleacher Report.
Too bad if true
BlueKota
(4,981 posts)include CNN, and Discovery Plus. Also I read there was considerable push back from both sides, before the deal was even made. I expect tsf will have a fit, and order his FCC stooge, to put up major roadblocks because his ass kisser, David Ellison's bid was rejected.
newdeal2
(4,598 posts)Not sure what the FCC can do about it. Maybe some other stooge at the FTC or SEC will try to cause a delay.
BlueKota
(4,981 posts)but I bet you're right that either the FTC or SEC will try.
Celerity
(53,311 posts)and bypass the Warner board and go directly to the shareholders using that threat of Trumpian DoJ blockage to intimidate the shareholders.
hunter
(40,270 posts)It's probably not good news for smaller production companies worldwide that have been Netflix's bread and butter. It's very likely to raise prices for no-advertising Netflix subscribers.
Other than professional sports, the advertising supported cable-channel kind of stuff is easy to make these days and spread across essentially unlimited internet channels. New "free" streaming services open every day. The competition for that stuff is YouTube. There are plenty of independently produced home and garden, cooking, automotive, scientific, and technical shows on YouTube that match or exceed the quality of cable television programming of the past.
News and opinion shows are a bad fit for Netflix. Television is a terrible medium for news and opinion anyways and it always has been, even in the supposedly golden age of Walter Cronkite.
videohead5
(2,828 posts)I thought that they acquired everything.
BlueKota
(4,981 posts)assets. CNN has already been compromised as it is, and Discovery Plus is one of the few services I still watch. I don't want to see it Trumpified.
C_U_L8R
(48,658 posts)Warner/HBO have been just awful to them.
Fiendish Thingy
(21,742 posts)At least thats what the LBN thread says.