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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 6 hours ago by Yuritopiaposadism@hexbear.net to c/games@hexbear.net

13 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 15 points 6 hours ago* (last edited 6 hours 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 6 points 4 hours ago (1 children)

If we just eliminate all production we will have zero costs

[–] Llituro@hexbear.net 7 points 4 hours ago

now you're thinking like a shareholder porky-happy

[–] godlessworm@hexbear.net 6 points 5 hours ago

Yeah it is almost like that isn't it