The deal is done as far as WBD and N are concerned. Offer accepted. Many previous meetings. Contractual obligations are now in place while approval is pending requiring WBD to continue as is, with limits on spending for new projects.
As I said I can't remember any other CEO of the acquiring company doing a site visit like this prior to close, its typically done after the close once its in the acquisition process. Not saying its nefarious or some breach in protocol, just saying its not typical as it should have been done prior to entering into the acquisition process.
I have a feeling its not going to pass the regulatory process, especially in the EU.
www.hollywoodreporter.com
www.theglobeandmail.com
Looks like our Canadian members may have some issues with content if this is finalized, say bye bye to Crave and prepare to pony up for Netflix if you still want that same content -
Opinion: A Netflix deal for Warner means curtains for Crave unless Canadian regulators step in
Acquiring HBO assets would hollow out the offerings on Canadian streamer
The die appears to be cast there regardless
Hey @coffeefan, this is part of the overall deal that WB signed with Tom Cruise last year -
Warner Bros. Motion Picture Group And Tom Cruise To Jointly Develop And Produce Original And Franchise Theatrical Films Starring Cruise Beginning In 2024 Under Newly Formed Strategic Partnership - Warner Bros. Discovery
Warner Bros. Discovery, a premier global media and entertainment company, offers audiences the world's most differentiated and complete portfolio of content, brands and franchises across television, film, streaming and gaming. The new company combines WarnerMedia's premium entertainment, sports...www.wbd.com
Has nothing to do with this Netflix acquisition or proof they will be releasing movies in the future, as I assume is why you posted it.
Certainly doesn't look good that is for sure.
Not at all, I was just making the point if that was what you were getting at by posting it.That post had nothing to do with Netflix. I always post trailers or news of movies that interest me.
I think you're spiraling.
Looks like our Canadian members may have some issues with content if this is finalized, say bye bye to Crave and prepare to pony up for Netflix if you still want that same content -
Opinion: A Netflix deal for Warner means curtains for Crave unless Canadian regulators step in
Acquiring HBO assets would hollow out the offerings on Canadian streamer
If the bundle became mandatory, then that indicates it didn't think it could survive without it. You don't do something as mandatory if it was just "better". And given that HBO is Crave's primary content supplier and why a majority of its subscribers are there, if Netflix removes that content the service becomes a hollow version of itself meaning its days are numbered, ie large subscriber loss.
Completely different scenario as you're talking about two streamers under the same company with D+ and Hulu merging, ie they didn't remove any content as part of that. The same content is still available in the merged service, and technically still available in Hulu until the service is shuttered completely. That isn't what is happening here with Crave.
Which means is not only Netflix taking out the 4th largest streaming in the world by eventually merging and removing HBO, but also the #1 largest Canadian owned streaming service.
Yes. Every company that has owned WB over the last 30 years has come to regret it almost immediately.
