Netflix and Warner Bros. deal is far from a sure thing
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The massive deal could mean higher subscription prices, fewer buyers for producers and maybe another merger down the road.
In any event, the company further “expects” to continue operating HBO and Warner Bros. as they have been, which makes it sound like HBO won’t immediately become just another Netflix tile, nor will Warner Bros. movies switch to 6-day theatrical runs with unreported grosses on a dozen mystery screens.
What does this mean for subscribers? What about the future of DC Studios? What happens to HBO Sunday nights? How should you even feel about this?
According to Variety, Warner Bros. currently has contracts in place to release films in movie theaters through 2029. Bloomberg also reported that continued theatrical releases were a major part of Netflix's bid to acquire Warner Bros., so the streamer appears committed to keeping Warner Bros. films in cinemas.
Friday morning’s news that Netflix will buy the Warner Bros. film studio, HBO and HBO Max for $83 billion marks a huge earthquake in the entertainment industry, but what it means for consumers remains unclear.
As part of the agreement, ViX, the streaming platform owned by TelevisaUnivision, will be integrated into YouTube's Primetime Channels
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The über-streamer has reportedly agreed an $83 billion deal that would see it acquire the film, TV and streaming services of Hollywood giant Warner Bros., the studio behind Harry Potter. The upside? The Sopranos on Netflix,
WASHINGTON — Netflix announced Friday a deal with Warner Bros. Discovery to buy the legacy Hollywood giant’s studio and streaming business for $72 billion. The seismic move would bring two of the industry’s biggest players in film and TV under one roof and give a new home to some of the world's most beloved franchises.
It's official. The Walt Disney Company's (NYSE: DIS) stand-alone streaming service Hulu is going away...sort of. The company announced on Wednesday that Hulu will soon be fully integrated into Disney+, although it will still be its own category within the ...