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Netflix Is Buying Warner Bros. Discovery (and DC Studios)... Thoughts?

Featured Replies

  • CB Team

I'm really curious to see if this one doesn't get smacked down as too monopolistic before it goes through. Seems like Netflix is giving up on gaming to focus on buying up TV & movie properties instead. It makes more sense for them, but I don't love it for fans.

  • CB Team

I have a lot of thoughts, but to be succinct: this sucks. I particularly don't like Netflix taking control of a lot of businesses that it has no real experience in. The idea of them calling the shots with WB's gaming studios, in particular, makes me quite annoyed. But then again, WB Games leadership has been awful itself the past few years, so I suppose they can't do much worse.

RIP to movie theaters if this goes through.

  • CB Team

It just baffles my mind how Ted Sarandos at Netflix can't wrap his head around the appeal of movie theaters, so him owning one of the best movie libraries of all time is bad for the world.

  • CB Team

I predict:

Theatrical Model Changes within 5 years to studio exclusive theaters run by Netflix, Amazon, and maybe one last conglomerate chain (Regal/AMC)

HBO Prestige TV is possibly in danger

Netflix MAX will be a premium upgrade that offers Netflix + HBO/HBO MAX content

mid-budget franchise sequels like Rush Hour 4, comedies, and rom-coms, MIGHT get a resurgence through streaming

Netflix's plans for Warner Bros. Gaming is a BIG Question mark

DC Studios may get back some of those mid-budget or lower-budget, creatively ambitious projects Zaslav loved

I DON'T Think the Snyderverse is back on. At all.

  • CB Team

I think a lot of the focus for Netflix must be on IPs, of course, but not the ones we think. Warner has one of the biggest production studios for television in the industry, in line with Sony Pictures TV. Look at the shows they produce and license elsewhere: Abbott Elementary, Ted Lasso, etc.

Everyone has either watched, or currently does watch, some kind of WB show on broadcast, cable, HBO Max, Netflix, Apple TV, Peacock, or wherever. Some of the biggest successes on Netflix have been licensed network shows that blew up on streaming, and continue to do so. Now what if Netflix owns that same series? Theatrical is one thing, but this is like buying a treasure chest.

And then there's distribution. Netflix, like Apple for F1, doesn't really have a distribution arm. Warner Bros. has been in the business for a century; Netflix just bought access that would've otherwise taken them a decade to build up. There's a lot about DC, Harry Potter, and whatnot, but the golden goose here is everything else.

Netflix goes all out on Love is Blind. Now they'll technically own The Bachelor, if I'm not mistaken. And The Voice, and stuff like Fuller House. And THEN there's the thousands of movies, cartoons, and so forth. This is a huge deal for Netflix beyond the big franchises. And for gaming, Netflix can finally have a division that enables them to create tie-ins with their movies and shows, rather than trying to build it up like Amazon failed to do.

From a comic book fans perspective, there are a number of issues, that jump out to me. Netflix will now have the ability to adapt some of the biggest names in the business like Batman and Superman, but because the new Discovery Global will be DC Comics' parent and therefore still owns the IP, Netflix will still have to license that IP to make content. Those negotiation for licensing could be tricky as each side seeks to extract all it can for their interests. This would especially be true if Paramount eventually buys Discovery Global. But perhaps more ominously, this means that DC Comics will become more of a IP farm and less of a comic book publisher than it already is as it focuses on producing content to adapt into movies and streaming series for Netflix or anyone else who wishing to license its IP because now that comics IP is perhaps the most valuable asset the Discovery Global owns.

  • CB Team
59 minutes ago, Mansoor said:

I think a lot of the focus for Netflix must be on IPs, of course, but not the ones we think. Warner has one of the biggest production studios for television in the industry, in line with Sony Pictures TV. Look at the shows they produce and license elsewhere: Abbott Elementary, Ted Lasso, etc.

Everyone has either watched, or currently does watch, some kind of WB show on broadcast, cable, HBO Max, Netflix, Apple TV, Peacock, or wherever. Some of the biggest successes on Netflix have been licensed network shows that blew up on streaming, and continue to do so. Now what if Netflix owns that same series? Theatrical is one thing, but this is like buying a treasure chest.

And then there's distribution. Netflix, like Apple for F1, doesn't really have a distribution arm. Warner Bros. has been in the business for a century; Netflix just bought access that would've otherwise taken them a decade to build up. There's a lot about DC, Harry Potter, and whatnot, but the golden goose here is everything else.

Netflix goes all out on Love is Blind. Now they'll technically own The Bachelor, if I'm not mistaken. And The Voice, and stuff like Fuller House. And THEN there's the thousands of movies, cartoons, and so forth. This is a huge deal for Netflix beyond the big franchises. And for gaming, Netflix can finally have a division that enables them to create tie-ins with their movies and shows, rather than trying to build it up like Amazon failed to do.

Lots of great points, and I agree about the treasure chest of content being the ones we're not super focused on at the moment (though I get it because DC is a big deal)

  • CB Team

I feel like i'm one of the few who doesn't view this as the death of the movie industry. The film industry has been dealing with a host of changing shifts, and one studio that has had an admittedly great bounce-back year won't make or break that.

I've also disagreed with a host of decisions made by WB over the past few years, so there is actually a part of me that is hopeful that a new era at Netflix will actually shift some things for the better. It will mean obviously losing some focus on theatrical, and there will be other major changes coming as well I'm sure, but as of now, I'm in cautiously optimistic wait-and-see mode.

I read the process will take 12-18 months to be completed, between the Paramount CEO screaming anti-trust and him being buddies with Donald Trump the whole deal could blow up with all the legal procedures that have to happen

54 minutes ago, nate1016 said:

I read the process will take 12-18 months to be completed, between the Paramount CEO screaming anti-trust and him being buddies with Donald Trump the whole deal could blow up with all the legal procedures that have to happen

Yeah ... Ellison's connection with Trump and the fact that Netflix's Reed Hastings is not liked by more than a few Trump supporters mean this is far from a done deal. See here: https://ca.news.yahoo.com/donald-trump-try-block-netflix-213143050.html

Edited by MAG
added further information

  • CB Team
11 hours ago, Amanda Kay Oaks said:

I'm really curious to see if this one doesn't get smacked down as too monopolistic before it goes through. Seems like Netflix is giving up on gaming to focus on buying up TV & movie properties instead. It makes more sense for them, but I don't love it for fans.

I'm wondering the same thing. Will a governing body step in last minute and not break it up?

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