This deal is an indicator of huge changes in global film & TV production.
Hollywood's struggles amplified after the writer's strike with a perfect storm of issues around unionisation, technology, fragmenting audiences, new formats, asset liabilities and enormous competition to the east.
Now LA soundstages are empty while production centres in Europe, UK, India, China, Nigeria are booming and vast new studios cropping up in the Middle East.
Proposed tariffs will do little to stem this tide as the money has moved on already.
In addition, traditional production methods are unsustainable and decision-making is opaque in an era where sustainability, transparency and democratisation are taking over.
The main benefit to Netflix is of course the IP, but the traditional studio assets of WB have their days numbered.
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