The New Studio System: Why Netflix Buying HBO Kills "TV"
The $82.7 billion Netflix-Warner Bros. merger isn't just consolidation. It's the resurrection of the 1948 Studio System, but this time, the "boss" is an algorithm that hates mid-budget movies.
2 articles
The $82.7 billion Netflix-Warner Bros. merger isn't just consolidation. It's the resurrection of the 1948 Studio System, but this time, the "boss" is an algorithm that hates mid-budget movies.
It's not over yet. Paramount Global has launched a shock $30/share hostile all-cash bid for Warner Bros. Discovery, challenging Netflix's accepted offer. We break down the $78 billion valuation, the debt-financing trap, and why John Malone holds the keys to the kingdom.