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Reddit
reddit.com › r/television › it’s official: netflix to acquire warner bros. in deal valued at $82.7 billion
r/television on Reddit: It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
2 weeks ago - Whoa, Netflix swallowing Warner Bros? Streaming wars just got wild. ... At least it’s not The Oracle guy. ... Does this mean Zaslav will be out of WB and move over to Discovery when it gets split off? I hope so. Also hope this means that Batgirl and Scoob: Holiday Haunt can finally come out somehow. This is probably the best outcome we could've asked for honestly. I do wonder what this means for my Disney Plus/Hulu/HBO Max bundle though.
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Reddit
reddit.com › r/ps5 › netflix has agreed to buy warner bros, including game developers behind mortal kombat, hogwarts legacy
r/PS5 on Reddit: Netflix has agreed to buy Warner Bros, including game developers behind Mortal Kombat, Hogwarts Legacy
2 weeks ago - Discovery announced an agreement Friday under which Netflix will acquire Warner Bros., including its film and TV studios, its gaming business, HBO Max and HBO.
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Reddit
reddit.com › r/gaming › netflix has officially acquired warner bros. in deal valued at $82.7 billion
r/gaming on Reddit: Netflix Has Officially Acquired Warner Bros. In Deal Valued at $82.7 Billion
2 weeks ago -

*Subject to regulator approval and all that jazz. Obviously expected to include WB's gaming subsidiaries like Rocksteady/etc

>"Today, Netflix announced our acquisition of Warner Bros. Together, we’ll define the next century of storytelling, creating an extraordinary entertainment offering for audiences everywhere."

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Reddit
reddit.com › r/amex › netflix buys hbo max, what does it mean for us?
r/amex on Reddit: Netflix buys HBO Max, what does it mean for us?
2 weeks ago -

Netflix announced the purchase of WB today, which means it will own HBO Max once the deal closes (regulators might give them trouble).

so what does this mean for us? Are we more likely to lose HBO from the Disney bundle (and our credit), or more likely to have Netflix strike a deal with Amex? Fear this means HBO won’t be on our credit anymore when the Platinum (and Blue) update next.

Would be nice to get a Netflix credit though.

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Reddit
reddit.com › r/boxoffice › it’s official: netflix to acquire warner bros. in deal valued at $82.7 billion
r/boxoffice on Reddit: It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
2 weeks ago - Netflix Wins the Warner Bros. Discovery Bidding War, Enters Exclusive Deal Talks - The streaming giant hit the magic $30-a-share target and has an exclusive window to negotiate a final deal. ... Netflix Is Trying to Buy Warner Bros Discovery.
Find elsewhere
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Business Insider
businessinsider.com › business insider › media › who does netflix compete with? that question could make or break its warner bros. bid
Can Netflix Buy Warner Bros? Its Bid Hinges on Key Antitrust Question - Business Insider
7 hours ago - Rival suitor Paramount Skydance has slammed the Netflix-Warner Bros. mega-deal as anticompetitive, arguing that it would harm consumers and Hollywood talent. Netflix is by far the largest paid subscription video streamer, and it would become even stronger with the addition of WBD's studio assets, including HBO and the Warner Bros.
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Reddit
reddit.com › r/outoftheloop › what is going on with the acquisition of warner bros. by netflix?
r/OutOfTheLoop on Reddit: What is going on with the acquisition of Warner Bros. by Netflix?
1 week ago -

I've seen the news online that Netflix has bought Warner Bros., and I was a bit confused by... a lot of things.

First of all, why did this acquisition happen? For as long as I can remember, Warner Bros. has always been one of the biggest studios in Hollywood, with so many iconic movies and franchises owned by it. I know they weren't doing so hot lately, but I thought they were at least able to keep themselves going without that much support from others. It's kinda weird to hear that it is now OWNED by someone.

Secondly, why does the news that Netflix might buy WB get such a bad reaction from people online? I know Netflix is notorious for canceling shows way too early and continuing shows people are really sick about, and they are also blamed for how many shows these days release their seasons every two years instead of a few months or 1 year. Are there more reasons why that acquisition is so controversial?

https://www.bbc.com/news/articles/ce91x2jm5pjo

Top answer
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Answer: A few years back AT&T sold WB to Discovery, and part of the deal of selling it was that Discovery would take on a lot of its debt. Discovery hasn't pulled off a miracle, so it still has a huge amount of debt. It considered just selling its cable channels since they don't make much money any more, but are now looking to sell the whole thing. Also, you may have recently heard that Skydance bought Paramount. These sorts of mergers are very hard to pull off because the government, specifically the FCC and the FTC try to appear non partisan and don't want the media controlled by any one person or company. It just so happens Skydance is owned by Larry Ellison's son and they are both really friendly with the Trump administration and the AI boom has made Larry Ellison at times the richest man in the world. So this may be a once in a lifetime opportunity where they have the money and the politcal support to pull this off. So they put in their bid which the Trump administration doesn't say shit about blocking, now Netflix moves in with a better bid and if the Trump administration now were to say oh no you can't do this only our special friend Larry Ellison can they would look really bad. Essentially this merger wouldn't just mean there will be fewer movie studios and streaming services but Skydance already owns CBS and WB owns CNN so if Skydance was allowed to buy WB it would have control over a large chunk of the news on top of other tv, music, and movies. I did hear speculation that Netflix put in their bid knowing it probably wouldn't go through and that the Trump administration would just drag their feet and never end up approving it and I think that would be the best outcome if they all end up staying independent.
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Answer: To answer your questions: The acquisition happened during a rough period in WB’s history caused by a series of weak movies and the COVID-19 pandemic threatening theaters as a whole. The biggest problem was the string of failures with the DC Extended Universe, WB’s answer to Disney’s Marvel Cinematic Universe. The big problem with Netflix getting WB is that the company is more focused on streaming and not theaters. The big worry is that Netflix gets WB, there’s the worry that this will mean fewer films in theaters at a period where theaters are actively hurting
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Reddit
reddit.com › r/movies › it’s official: netflix to acquire warner bros. in deal valued at $82.7 billion
r/movies on Reddit: It’s Official: Netflix to Acquire Warner Bros. in Deal Valued at $82.7 Billion
2 weeks ago - Netflix to Acquire Warner Bros. in $82.7 Billion Deal ... Saudi Arabia Buying Warner Bros ?🔥Zack Snyder & Nolan Return In DCU Return Theory Explained!🔥🦇⚡
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Reddit
reddit.com › r/boxoffice › netflix buys wb, sells hbo to apple/amazon?
r/boxoffice on Reddit: Netflix buys WB, sells HBO to Apple/Amazon?
1 week ago -

I'm sure Netflix is going to try and get both WB and HBO, but I think what they really want is WB and all its IP.

On the other hand HBO is the potential problem because it causes monopoly concerns in the streaming space.

But... the deal could go through so long as WB has to divest of HBO and I think HBO on its own would be legitimately appealing to both Apple and Amazon.

I've said repeatedly on this sub that I don't think Apple was interested in WB as it is right now, but I do think they'd be interested in HBO on its own because their existing service is basically a HBO copycat.

If you merge HBO's existing content with Apples content, that is a legitimately great premium streaming service and it's sort of what HBO was always intended to be.

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Reddit
reddit.com › r/gameofthrones › what does netflix’s acquisition of warner bros. mean for the game of thrones franchise?
r/gameofthrones on Reddit: What does Netflix’s acquisition of Warner Bros. mean for the Game of Thrones franchise?
2 weeks ago -

Just the title. And your thoughts as well.

I’ll be honest, I’m a little worried. I think the thing we love so much about this universe is its rawness, it’s dark, and it doesn’t hold back. I just don’t know if netflix will hold true to the identity of what this universe is.

On a side note it also makes me worry for the way movie theaters will be impacted, the new Harry Potter remake, DC, etc.

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Reddit
reddit.com › r/mediamergers › why do people think netflix buying wb only would get them 10-30million more streaming subs when hbo max have 130m?
r/MediaMergers on Reddit: Why do people think Netflix buying WB only would get them 10-30million more streaming subs when HBO MAX have 130M?
3 weeks ago -

ok ik HBO MAX and discovery have 130M subs so lets assume HBO MAX have 100M

So this dumbass sub keeps saying *title*, but people already pay for HBO MAX why would they cancel it if Netflix buys WB? they would go on to pay for it unless Netflix merges HBO MAX with it, but then they will also merge the price, and it's more likely they'll do a bundle instead of merging it or an HBO addon

but they will also charge 23 bucks for the HBO addon like they do for HBO MAX now, they can even increase it and it will only profit them

So what's the point that netflix buying HBO max won't be very beneficial in terms of subs?

EDIT: posting this because of u/TooBoredToLiveLife

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Reddit
reddit.com › r/freefolk › so netflix will probably kill off hbo, owned by warner bros?
r/freefolk on Reddit: So Netflix will probably kill off HBO, owned by Warner Bros?
1 week ago - Crave actually makes some original programming that is pretty liked a show called “LetterKenny” and it’s much better spin-off “shoresy”. ... According to sources, Netflix just won the Warner Bros.
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Reddit
reddit.com › r/dc_cinematic › netflix wins the warner bros. discovery bidding wars and enters into exclusive deal talks
r/DC_Cinematic on Reddit: Netflix wins the Warner Bros. Discovery Bidding wars and enters into exclusive deal talks
2 weeks ago -

https://www.thewrap.com/netflix-wins-the-warner-bros-discovery-bidding-war-enters-exclusive-deal-talks/

It's also been reported in Bloomberg, The Wall Street Journal, Deadline, The Hollywood Reporter and Variety.

Warner Bros. Discovery is moving forward with exclusive deal talks with Netflix, TheWrap has learned. WBD has selected Netflix after the streaming giant offered $30 a share for the studio and streaming assets, according to two people familiar with the deal talks. The deal also includes a $5 billion break-up fee to match the terms that Paramount added with its bid.

While its unclear what the makeup of the new bid looks like, the prior bid was a mix of mostly cash and stock.

Netflix securing a win over rival suitors Paramount and Comcast represents a stunning turnaround from just two months ago, when co-CEO Greg Peters shared big media mergers as not having an “amazing track record,” and Paramount buying WBD seemed like a foregone conclusion. Fast forward to today, and Netflix has won a furious M&A bake-off after three rounds of bids.

Representatives for Netflix and WBD weren’t immediately available for comment.

While exclusive talks clears the road for Netflix to acquire the Warner Bros. studios, HBO Max and a treasure trove of IP assets like “Harry Potter” and the DC Universe. Netflix, which once aspired to be HBO when first embarking on original content, is on a course to becoming its owner. Obtaining such assets could dramatically reshape the entertainment landscape and give Netflix even more power over Hollywood — concerns the streamer will have to assuage.

The willingness to include the unusually large breakup fee was likely critical with questions arising on how Netflix will get a deal with Warner Bros. through regulatory approval. A deal would face stiff antitrust scrutiny and opposition from the U.S. Department of Justice, New York Post’s Charles Gasparino reported on Tuesday.

A representative for the Department Justice declined to comment on the report.

In a Nov. 13 letter to U.S. Attorney General Pam Bondi, FTC Chairman Andrew Ferguson and Department of Justice antitrust division assistant attorney general Gail Slater, Republican Rep. Darrell Issa warned that a Netflix bid would raise antitrust concerns that could harm consumers and Hollywood alike. He noted that consolidation between the two companies would “diminish incentives to produce new content and major theatrical releases,” which could “undermine opportunities for the full range of industry professionals both in front of and behind the camera.”

The third round of bids came a day after Paramount had issued a letter to Warner Bros. Discovery CEO David Zaslav claiming the bid process had been “tainted by management conflict.” This followed an earlier letter this week from Paramount arguing that a deal would not get regulatory clearance.

Paramount, which seem intent on buying all of WBD, could take its own offer to shareholders. And even if it doesn’t match Netflix’s offer, it could lean on the selling point that it could close a deal faster than the expected longer grind that the streaming giant would undergo.

Paramount has already been through this process with the Trump administration before closing its merger with Skydance this summer. In September, it hired Makan Delrahim, former assistant attorney general of the Justice Department’s antitrust division during Trump’s first term, as its chief legal officer.

Netflix first tapped the investment bank Moelis & Co. to explore a potential bid for Warner Bros. Discovery’s streaming and studio assets in October. The company went on to submit three rounds of bids to WBD’s board alongside Paramount and Comcast. The former previously submitted multiple bids for the entire company, while Comcast submitted bids for the streaming & studio business.

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Reddit
reddit.com › r/netflixbestof › [news] if the netflix + warner bros merger happens, does hbo content immediately take the #1 spot on this sub?
r/NetflixBestOf on Reddit: [NEWS] If the Netflix + Warner Bros merger happens, does HBO content immediately take the #1 spot on this sub?
1 week ago -

There is a lot of noise right now about Netflix acquiring Warner Bros. Discovery for $82.7 billion.

Politics and stock prices aside, I’m trying to wrap my head around what the "Top 10" list would actually look like if this goes through. We are talking about merging the Netflix library with the entire history of HBO, DC, and Warner Bros pictures.

If this happens, what immediately becomes the "Best of Netflix"?

  • The Prestige Drama: Does The Crown even stand a chance against The Sopranos or Succession if they are on the same app?

  • Fantasy: Does The Witcher get buried by Game of Thrones and Harry Potter?

  • Movies: Netflix has spent billions trying to build franchises (Red Notice, Rebel Moon), but they would suddenly own The Dark Knight and The Matrix.

I did a breakdown of exactly what assets Netflix is buying (and what they are leaving behind) in a video here:https://www.youtube.com/watch?v=VFPH6Y_1zEM

But I'm curious from this community: If the libraries merge tomorrow, what is the very first thing you are re-watching? And does any current Netflix Original still make your "Top 5" list when put next to the HBO catalog?