Videos
potential business transaction
Factsheet
Paramount Skydance
Warner Bros. Discovery (Paramount Skydance)
Full acquisition (Paramount Skydance)
Paramount Skydance
Warner Bros. Discovery (Paramount Skydance)
Full acquisition (Paramount Skydance)
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