Warner Bros signs $110B deal with Paramount

[regus]

If Netflix had won they would have shut down HBO Go, oops I meant HBO Now, oops I meant HBO Max, oops I meant Max, oops I meant HBO Max.

[chrisandchris]

That even got Microsoft confused.

[techblueberry]

This is such a strange deal, and I can't tell if they're really smarter than I think they are, but I can't imagine trying to run any kind of right-leaning entertainment company having Taylor Sheridan, acknowledging that you have Taylor Sheridan by calling him a "singular genius and content creator" and then driving him away months later because you keep meddling in his creative work.

If I was trying to turn Paramount into a like right-leaning culture war friendly entertainment company, I would have given Taylor Sheridan whatever he wanted, and changed the name to "Paramount, brought to you by Taylor Sheridan".

I remember when this first started, I thought to myself, how are you going to bring back 80's style American jingoism with only one director doing it, then I find out it was worse then that, because they drove that one director away.

[bdcravens]

Remember they also own Star Trek, which is on the other end of the spectrum, and has been pushing further left.

[7777777phil]

Netflix has the distribution already, it doesn't need legacy IP. Paramount is betting that combining DC, Harry Potter, GoT, Top Gun, and Star Trek under one roof creates enough gravity to survive. Maybe, but aggregators tend to win online and content suppliers compete each other down to cost.

I covered the competing bids when this was still an open question: https://philippdubach.com/posts/not-logan-roy-netflix-vs.-pa...

[shimman]

You really think Paramount cares about the IP and not just controlling the platforms to wield political power?

[yieldcrv]

Netflix: I’ll own you both soon

[SSLy]

3 years, eh?

[weirdmantis69]

Seems like they are overpaying a lot considering what Disney paid for marvel and Star Wars.

[cyrusradfar]

Anyone already cancel Paramount+ and is a little frustrated you can't do it again?

Would make my eve to hear any folks who are going to cancel in protest of this continued consolidation.

[chadpaulson]

RIP CNN.

[ChrisArchitect]

Related:

Netflix Backs Out of Warner Bros. Bidding, Paramount Set to Win

https://news.ycombinator.com/item?id=47173583