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Netflix has 300 million subscribers. Buying WB for $80 Billions means every subscriber has to pay at least ~266$ for Netflix to break even. That's about $4.50 per month per subscriber if you spread it out over 5 years. Get ready for for some price hikes.
WB is also generating money. So that's not completely true.
They'll probably make some double pack for a discounted price.
They can also raise prices for HBO
True. after a quick search the WB side has ~130 million subsribers. Taking them into account it would be ~ $3 per month instead of the $4.50.
"Netflix says the buy would give users more choice"
In a world with real journalism the very next question would be how but we just spread the normalization and allow the little lies.
If Netflix has this much money then I feel less bad about pirating their content for years now.
This will all be financed
It typically costs more money to finance something.
Only for normal people. If you are rich or a company like this you can leverage assets for a rate lower than the rate of return on your investments and come out ahead by financing over paying cash. Rich people don't pay cash for anything.
The people buying it don’t give a fuck.. it will be repaid by the company they are buying
Shareholders foot the bill, ultimately.
Not the subscribers but the shareholders?
I'll never understand economics.
Well, in fact it's not that complicated - shareholders literally own the company - and this ownership results in both the right to decide what happens to the company and receiving dividends, which are supposed to come from the company's surplus funds. In reality it's not that straightforward, but that's the general idea. So if a company spends money, you can think of it as spending shareholders' money allocated in the company's assets.
Well, in fact it's not that complicated
In reality it's not that straightforward
Well now I’m really fucking confused.
Sorry, I meant the whole idea is simple, but in reality capitalists exploit every single loophole to gain even more money, so there are laws against a lot of stuff - it would be that simple if people were trustworthy.
Originally shareholders received a part share in the total profitability of the company. A dividend was the main source of income from investing.
It didn't take them long to figure out that buying and selling shares of a company to other investors was usually more profitable than dividends. Its a hell of a lot easier to lie about potential value of the company than it's current reality.
So for the past 100+ years the market value of the shares are often separated from the reality of the company. The value of the shares only exists because people or automated programs are willing to pay the amount. This is how companies who are operating under a huge deficits have increasing stock prices.
Since the value of the shares can be so easily manipulated, market manipulation is the normal way investors make money today. It also means that major stockholders don't give a fuck about long term value of the company, the employees, or the damage to society & the environment they cause. They only care about making quickest profits, then passing the dumpster fire they created onto somebody else.
They've clearly got too much (fucking wrestling?), but somehow not enough for anything I want to watch.
Reality shows slop, wrestling is basically that, sinc eits not true "wrestling" is where the money is at.
them cancelling shows should be the reason.
Get ready for Ultra Premium™️ subscription price hikes.
Someone has to pay for that acquisition, and it won't be the shareholders.
subscription. they are probably going to either force a bundling package, or increase the price of netflix to compensate.
Usually its debt in the new company with these scumbags.
I'm ready to pirate.
I already am, but I'm still ready as well.
But just don't pirate, also share!
I seed, lend my Plex server and keep seeding while lending lol.
thank you, mitch.
they will justify the merger, the money they spent on it by increasing the price. since they already removed phone casting, it be funny what stuff they cook up to restrict more access to more than one person.
I am not sure that's what anyone wanted when they said there are too many different streaming services.
That's bad, HBO won't make new quality show.
This is the best possible outcome out of a very shitty list. They haf to sell, Disney already owns too much, Jeff Bezos would monetize it in the worst possible ways, and Larry Ellison is the most evil billionaire in the US. Yes, much worse than Elon, Zuck, Bezos, etc.
EDIT: Unfortunately Larry Ellison could still buy the global division which includes CNN. Netflix is only buying the studios and streaming. Still no idea what happens to DC Comics but I think it goes with global?
How many more acquisitions before it's all just one entertainment company?
ellison definitely wants control of CNN, he needs to turn it into a fox-lite.
He's already doing that with CBS News, minus the "-lite." We are going to see full-on MAGA media propaganda on a national broadcast channel from now on, not just in the news, but in their programming.
TV programming is already very conservative, with all their Copaganda. Now it's going to get much, much worse.
Price increase coming in 3… 2… 1…
This is actually worse than even Paramount aquiring them.
Both were shit, but this is hands down the worst possible outcome.
Is it? Paramount+Larry Ellison+the Saudis was not a particular great alternative either. I guess only time will tell, how this turns out.
With Paramount I think there would have been the risk of WB remaining in a similar form, but being ideologically twisted.
With Netflix or course there is a larger risk towards theatrical and physical releases as it goes against their primary business model. And the biggest threat to creativity is not ideology, but in a way the opposite. Lack thereof and instead focus on just metrics like short term viewership numbers.
The best option out of the bad ones would have probably been something like Comcast. Or in my dreams wb would have just stayed independent, splitting of linear assets. They have a ton of debt, but imo eventually they'd have been strong enough to survive. Bur I guess sadly this wasn't the most lucrative path.
i see them dumping every new show after 1-2 seasons. only keeping the ones that gives the most subscription sign ups.
I can't wait for K-Pop Demon Hunters the ride at your nearest 6 flags..?
"More choice"?
You mean, nearly all of the properties WB helped run into the ground? That's not really much of more choice.
Zaslav you shitbag.
as soon as he allowed Malone initially to take over cnn, he was over.
I was really hoping for HBO to be the ones to tackle a Stormlight Archive adaptation. I no longer do.
That is my nightmare. There isnt a single fantasy book series to television adaptation that hasnt been absolutely horrible. Dont ruin my cosmere stuff please
Shiver me timbers! Netflix is the last streaming service I've kept, because it (so far) hasn't started showing me ads. I REFUSE TO PAY FOR ADS! Also, when they jack up the price from this merger, I'm out.
They have jacked the price multiple times over the past 5 years. It used to be $9.99 without ads. Now it's $18.99. with ads it's $8
I thought Disney already did that
Maybe it's like The Producers and they're just selling it to everyone.