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.

  • panda_abyss@lemmy.ca
    20·
    15 hours 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
      2·
      15 hours 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
        2·
        15 hours 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.