You gotta be really dumb or really naive to believe that’s an actual possibility
Didnt say I believed it…
I feel like y’all are looking at this too much as a merger rather than acquisition
WB and its studios wouldn’t just become Netflix. Their core functions as theatrical studios could very well just stay as Netflix figures out its new identity as the owner of all of these things it’s never had before
Warner Bros lost $11 billion last year. They’re not buying it to continue to let it be its own company
Would have never happen if wb didnt cut 30 minutes out of BVS in 2016
Who would have thought f***ing over your director over a billion dollar bet would have dire consequences?
Warner Bros lost $11 billion last year. They’re not buying it to continue to let it be its own company
It wouldn’t be its own company. It’d be Netflix’s company and assets under its control. They’ll change what they need to or sell of the parts of the company they don’t care for to get business in order
They’re surely not going to merge that entire behemoth into Netflix
I do think Netflix might want to gain more respect in the industry. Acquiring WB and using them as a theatrical arm may be the trick. The TV and streaming side is a whole other ball game that I think teeters on Monopoly but isn’t as massive as Disney/Fox. Fox had been around for 70+ years while Netflix as a studio has only been around for what 15? So their library isn’t as historic, but they output so much stuff that it is DEEP.
There is nothing in the way Netflix has branded itself that suggests in any shape or form that they're chasing prestige. They only care about stats and dominance even if it means pissing off an entire industry
Warner Bros lost $11 billion last year. They’re not buying it to continue to let it be its own company
Why couldn't they lose 12
Surely theirs way more money in theatrical, especially now owning these IPs. I refuse to believe they’ll be that dumb and let Disney etc own the theaters.
There’s way less money in theatrical releases than people assume. Sinners was a massive success and reports estimate that it made the studio only around $60m. A studio like WB is probably making a couple hundred million max in theatrical profits a year. In a bad year they might even take a loss.
It’s pennies compared to the money Netflix stands to make if they can fully replace theaters
I dont think Netflix gonna stop theatrical release. They themselves want to venture more into that
They’re releasing a movie next year with a 4 week window and 1000 IMAX screens
With WB they’re inheriting deals and structures they’ve never needed or had before. Theatrical releases will probably stay. We are years away at least from any massive change there
Netflix is gaining wayyyy too much power
This is the walmart dilemma we were all taught in school
its kinda wild hearing the heads of the company talk about how little they care about movie THEATRES and cinema
im not sure there was a super good outcome besides them just now selling at all.
its kinda wild hearing the heads of the company talk about how little they care about movie THEATRES and cinema
im not sure there was a super good outcome besides them just now selling at all.
Considering the troubles theaters are having already this very well may be the worst outcome considering how anti theaters Netflix is
They’re releasing a movie next year with a 4 week window and 1000 IMAX screens
With WB they’re inheriting deals and structures they’ve never needed or had before. Theatrical releases will probably stay. We are years away at least from any massive change there
They have to right now because top talent like Gerwig has the leverage to demand it. But the more they can erode the theatrical model the more that leverage decreases
And a four week window is s***
netflix went bout this conniving asl too
tb na we good den spinning the block w mad $$ on sum well acktuallyyyy s*** lol
They have to right now because top talent like Gerwig has the leverage to demand it. But the more they can erode the theatrical model the more that leverage decreases
And a four week window is s***
We’ll have to just see here. Like I get your point for sure
I just think we’re assuming too much about the Netflix of now being the exact same as the Netflix post-WB acquisition. I personally think they’ll adapt an identity that matches what they will own and inherit.
This is a company that started as a dvd rental mailing service. It’s continuously altered its goals as it’s evolved. Obtaining an old Hollywood jewel imo will create another shift. It’s not like they were founded in the 90s/00s with the sole intent of destroying theaters. Def a distributor of traditional models though
objectively this is not good right
enjoy the last crumbs of art and culture while it's still around
Also we’re assuming a lot about this massive, massive mountain this deal needs to climb
It’s not looking good out the gate at all
We’ll have to just see here. Like I get your point for sure
I just think we’re assuming too much about the Netflix of now being the exact same as the Netflix post-WB acquisition. I personally think they’ll adapt an identity that matches what they will own and inherit.
This is a company that started as a dvd rental mailing service. It’s continuously altered its goals as it’s evolved. Obtaining an old Hollywood jewel imo will create another shift. It’s not like they were founded in the 90s/00s with the sole intent of destroying theaters. Def a distributor of traditional models though
What I am assuming is what the CEO has said from his own mouth. He wants to kill movie theaters.
Do you know who Netflix considers to be their biggest competitor? It’s not Disney. It’s YouTube. And now a company that views themselves as being in the same arena as YouTube owns Warner Bros