Netflix buys Warner Brothers (including HBO)

[Moranis]

Netflix won the bidding war and will pay just under 73 billion to expand massively into TV and movie theaters.  Allegedly they will keep current leadership intact including Gunn leading DC, but who knows if that will change long term. Also, unclear if HBO Max will eventually be phased out (like Disney did with Hulu) or if they will keep it separate from Netflix. In the short term no real changes though some more stuff may end up in Netflix for streaming. 

[Celtics2021]

If this deal goes through, my guess is it will not be until early 2027 after regulatory approvals.

[gift]

I was hoping Comcast or even SkyDance/Paramount would win. Not sure if Netflix is ready for theater economics or the prestige of HBO. I hope so, though.

[Goldstar88]

Well that?s terrible news. Now Netflix will ruin HBO. 

[wdleehi]

I wonder how long Netflix can double-dip in terms of subscriptions.   


I do hope this means more movies on Netflix.