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Netflix boss Ted Sarandos says Paramount's acquisition of Warner Bros, including it's storied gaming division, will result in "cuts in excess of $16 billion" within "18 months or so" (www.gamesindustry.biz)

submitted 1 month ago by Yuritopiaposadism@hexbear.net to c/games@hexbear.net

14 comments fedilink hide all child comments

"We were in the books of Warner Bros., and the biggest cost centers are people in productions," he said in an interview. "There’ll be cuts in excess of $16 billion. They are telling people who lend them the money that’s going to happen in 18 months or so."

This suggests that the company's games division will be under scrutiny for cost-saving along with the firm's film, TV and other assets. Warner Bros. is the home of Rocksteady, TT Games, Avalanche Software and mobile studios.

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[–] Llituro@hexbear.net 17 points 1 month ago* (last edited 1 month ago) (2 children)

the biggest cost centers are people in production

almost like the two kinds of business are stealing profit from laborers or rent-seeking, and rent-seeking is by far more profitable.

[–] Lussy@hexbear.net 8 points 1 month ago (1 children)

If we just eliminate all production we will have zero costs

[–] Llituro@hexbear.net 8 points 1 month ago

now you're thinking like a shareholder porky-happy

[–] godlessworm@hexbear.net 6 points 1 month ago

Yeah it is almost like that isn't it