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Forums - Gaming - [Reuters] Netflix to buy Warner Bros Discovery's studios, streaming unit for $72 billion

[Source.] Never did I think that there would be a gaming acquisition more expensive than that of the Microsoft-Activison merger, but in only a couple years, it appears this record may have already been broken: Netflix has confirmed interest in acquiring Warner Bros. film and streaming assets for $72bil.

Thoughts?



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firebush03 said:

[Source.] Never did I think that there would be a gaming acquisition more expensive than that of the Microsoft-Activison merger, but in only a couple years, it appears this record may have already been broken: Netflix has confirmed interest in acquiring Warner Bros. film and streaming assets for $72bil.

Thoughts?

Technically, it's not a gaming acquisition per se. Netflix is obviously interested in DC and probably wouldn't mind having Mortal Kombat in its stable of gaming properties. My hope is that Netflix will treat legacy properties like Looney Tunes and Cartoon Network a lot better than WBD did, and I hope they'll open their library of arcade classics like Defender and Joust up to modern systems. In any event, much as it sucks that media is getting consolidated into trillion-dollar conglomerates, Netflix is far preferable to Skydance/Paramount, which is owned by David Ellison, son of Larry Ellison and brother of Megan Ellison (owner of Annapurna Interactive, publisher of Outer Wilds and Kentucky Route Zero).

I just wish CNN were part of that deal, since Bari Weiss is postively salivating over remaking CNN the way she has with CBS. Netflix seems to be entirely entertainment-centered and probably not interested in the news, but hopefully someone can convice Netflix to snap up CNN. However, if Bugs Bunny and company get better treatment under Netflix, maybe with their cartoon catalogue released on Netflix/HBO Max, I'll call it a win, I guess. I do wonder how the resulting properties will be divided between Netflix and HBO Max. Disney seems to be planning to eventually phase out Hulu, as pretty much all of their Hulu stuff is now on Disney+, maybe Netflix would eventually get rid of HBO Max.



HBO Max being eaten by Netflix would not be bad, actually. Too many streaming services nowadays.

I just hope they aren't worse than WB when it came to managing NetherRealm and Rocksteady.



 

 

 

 

 

Netflix production record is really low quality, they are as bad as a studio can actually be bad. HBO was pretty good and Warner is okay, at least in cinema. Netflix buying them is probably a bad thing if you actually care for quality content



Not really a gaming acquisition - this is about film/TV/streaming first.



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This shouldn't be legal.
Also, though this is gaming I'm going to bring up, I wonder if NBC Universal will ever offer to buy Nintendo. I know Nintendo has denied many offers of a buyout. Apparently in 2016 Disney offered to buy Nintendo and Nintendo refused. And famously when Xbox was starting up Nintendo reps reportedly laughed at Microsoft offering to buy Nintendo.



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EA, Warner now and Ubisoft at the very near future.
Gaming future is pretty much at the hands of very few companies.

Hopefully indie devs and smaller studios keep on pumping high quality games or we are screwed.