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Netflix to Acquire Warner Bros

(about.netflix.com)
1741 points meetpateltech | 3 comments | | HN request time: 0s | source
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mihaic ◴[] No.46160934[source]
It's always great to read about how the people the own the means of distribution aquire also the means of production, trying to create a meta-monopoly. /sarcasm

I'm rooting for someone on the regulary side disliking all the crap that Netflix produces, and just shuts the whole thing down. Those 5 billion they'd have to pay for a breakup fee in that case would have me feeling better that I couldn't cancel their service, since my family pesters me to keep it.

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raw_anon_1111 ◴[] No.46161057[source]
There is no “monopoly” on either content distribution or creation. Amazon and Apple are both trillion dollar companies that have streaming services.

Then there is Disney, Comcast (Peacock), Paramount, STARZ (standalone company), and AMC

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1. popalchemist ◴[] No.46177041[source]
There are only 4 major streaming services (Netflix, Prime, HBO Max, and Hulu), and only 5 major film studios, of which WB is one and it represents on its own 13% of the theatrical market. The combination of Netflix + WB + HBOMax likely represents well more than 25% of the entire market (when you combine streaming and theatrical).
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2. raw_anon_1111 ◴[] No.46200038[source]
Amazon and Apple are both trillion dollar companies who have made forays into theatrical release. They both spend billions on content.

Besides 75% of US households have Amazon Prime and therefore have access to Amazon Prime Video.

More time is spent on YouTube than any of the streaming services you named.

3. famouswaffles ◴[] No.46200605[source]
Disney Plus is the 2nd biggest Streaming Service around in terms of subscribers.