The battle for Warner Bros is a prelude to the real streaming war

> But the focus on the streaming wars misses a bigger storyline. Netflix and Paramount are battling for more than Warner Bros. For all the billions lavished by studios on new films and tv shows in recent years, audiences are spending ever more time watching stuff made outside Hollywood, often by amateurs

The real war is about who can kiss Trump's ass the most.

Dear economist this is not about economics.

They do miss the forest for the trees, but their observations about the trees are not wrong. The debate over who gets warner bros is all about who gets to dismember it for streaming content, not the continuation of theatrical distribution.