| Mummelmann said: I suppose, just like with other, huge acquisitions in the past decade, there's a large (too large by far) group that harbor illusions about this being good for consumers somehow. HBO has already lost a lot of appeal and quality since they merged the service with Discovery +, and this will probably make it suffer even more. |
People don't think it's going to be good, but a merger is going to happen, regardless of what we think.
For one, WB cannot afford to run itself. Too many years of mismanagement. I wish it weren't true, but it is.
For another, Netflix is the least bad option here, compared to Skydance/Paramount and the Saudi PIF. If Netflix doesn't get approved, then Ellison will end up owning it. Comcast was another potential option, but it has far fewer resources than the other three known suitors. Comcast is about the size of Nintendo.
