Paramount vs Netflix for Warner Bros.
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The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously,
"Everyone's just like, 'how is David Zaslav going to make so much money when he ran the company into the ground?'" says a studio executive. "The unjustness of that, when all these people are going to be out of work—it should be illegal.
Hollywood is in a brave new world
Netflix’s agreement to buy Warner Bros Discovery has triggered an immediate hostile counter-bid from Paramount, intensifying concerns within Hollywood about consolidation and streaming dominance. Natalie Jarvey,
Many viewers see streaming services as interchangeable. Would the media merger that may devour HBO change anything?
“Everybody hates Netflix,” she said to a visitor from overseas who inquired about the streamer. And it’s true. Even though lots of people in Hollywood depend on Netflix for their livelihoods, they hate the company and what it has done to a century-old, once-thriving business. But up to now, almost nobody has said it out loud.
The deal has raised concerns about job cuts, a lack of competition, and the future of the movie theater industry.
And this time, Shelby (Cillian Murphy) and the rest of the Peaky Blinders will also be in theaters: Netflix is giving the Peaky Blinders movie a theatrical release, albeit a limited one. As Netflix is sometimes,