Netflix announced the blockbuster deal with Warner Bros. Discovery on Friday morning. It has agreed to buy the legendary TV and movie studio and assets like the HBO Max streaming service for $72 billion.

  • Grandwolf319@sh.itjust.works
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    3 months ago

    Soooo, does that mean consumers have one less streaming service to subscribe to or would Netflix just do a price hike to make up for it?

    • givesomefucks@lemmy.world
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      3 months ago

      Probably like Disney/Hulu

      They’ll try a bundle deal to see if people pay for it, then if not slowly bleed shows from one service to another.

      Maybe eventually combine them but they’ll try to keep paying for both as long as possible

      • Phil_in_here@lemmy.ca
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        3 months ago

        I bet it will be more like Prime where they display everything they own to tempt you, but there’s an increasing number of additional subscriptions you actually need to access the content.

  • panda_abyss@lemmy.ca
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    3 months ago

    This means the would-be buyer will pay WBD billions of dollars if the deal is not completed.

    That’s critical because the biggest X factor is regulatory approval. The Trump administration will review any transaction between Netflix and WBD, and some analysts expect a political and legal battle to ensue.

    We’re about to see how much Netflix wants to kiss the ring and what lines they’ll cross for Trump.

    • chaogomu@lemmy.world
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      3 months ago

      Larry Ellison also wants Warner Discovery. He’s kissed the ring so much that Trump has to wash the slobber off.

      So we’ll see. Larry Ellison is the worst option here, even worse than media consolidation and price hikes, because Ellison wants to be the new Rupert Murdoch.

      • panda_abyss@lemmy.ca
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        3 months ago

        Yeah, I’m already done with Trek under the Ellison name.

        I’ve cut off all these services already though, as an F U to the US threatening to annex my country, and virtually no Americans standing up against that.

  • Iheartcheese@lemmy.world
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    3 months ago

    How in the ever living fuck does Netflix have the money to buy Warner Brothers? If anything you would think it would be the other way around.

  • shinratdr@lemmy.ca
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    3 months ago

    They should legally have to keep all their major mergers in their name. AOL-Time-Warner-Discovery-Netflix is far more representative of the nightmare times we live in.

  • melsaskca@lemmy.ca
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    3 months ago

    Does this mean Netflix has to pay the president of the united states of america some grifter money?

  • Phoenixz@lemmy.ca
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    3 months ago

    So here is an idea:

    Ban companies from buying other companies.

    Period

    It always ends well for a very select few, it never ends well for the consumers

  • Gary Ghost@lemmy.world
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    3 months ago

    The best way to download movies and shows is to get a VPN, I use airvpn. Install qbittorrent, enable the search function in settings. Update the search torrents, just click the update button. You can download just about anything. My Internet is very slow, especially for uploads but I wait for the share ratio to reach 3 before removing the torrent . This makes sure everybody gets a chance to download. I use alternative down&upload rates in the settings.

    I use jelly fin to stream to all of my devices including TVs and tablets. We don’t need Netflix