Netflix Upgrades Warner Bros. Deal to All Cash; Shareholders to Vote on $83 Billion Sale by April

It’s the lesser of two evil. But can’t say I am rooting for Netflix (despite the gains to my very small stock position because of the deal).

Paramount/Larry Ellison would use WB for their ideological goals, which would be terrible.

Netflix is a threat to cinema culture and maybe to quality, if they change it to be based more on viewership numbers rather than quality. Also it is more concentration.

I wish WB would stay independent. I know they have a ton of debt from the at&t spinoff, but I think they’d have been able to survive long-term and also been big enough to compete with other streaming services.

Really sad to see them absorbed, especially after the year they had.

I hate Netflix less than the Ellisons.

And I feel that theaters were already dying, so I don’t see Netflix losing this saving an industry.

They’re both shit and this acquisition shouldn’t even be allowed.

I know, I don’t make that in a year!