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Report: Netflix in Talks To Acquire Warner Bros. Discovery (UPDATE: Paramount to Acquire Warner Bros. Discovery)

Georgie56

By Georgie56
in General TV

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TVLurker Managing Editor

TVLurker 389

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I'll be surprised if the Netflix deal gets completed. Paramount still wants the entirety of WBD but I'm guessing they have to settle for the leftover cable networks.

nickp Managing Editor

nickp 394

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Everyone happy about DC franchise and all they did buy only streaming services and studio assets

tyrannical bastard Station Group CEO

tyrannical bastard 4678

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Whoever ends up with Warner Brothers hopefully does a better job managing their content then Warner Brothers ever did. 

 

Too many "tax write-offs" and funny business of pulling their own content from their streaming services.  And historically, Warner Brothers has been the stingiest in terms of releasing their archived content.

mre29 Station Group CEO

mre29 1967

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Note that the still-planned spinoff of the cable networks (minus HBO) and Discovery+ will happen first. According to the Hollywood Reporter:

 

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WBD shareholders will receive $23.25 in cash and $4.50 in shares of Netflix common stock for each share of WBD common stock, with the linear networks business, including CNN, TNT HGTV and Discovery+ still set to be spun out. That move is now expected in the third quarter of 2026.

 

Megatron81 News Director

Megatron81 343

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Netflix only wanted the WB library content and movie studio I don't think this will be approved in my opinion by the government and in international markets as well. I think WBD just wanted a knight & shining armor to buy part of them so that Skydance/Paramount didn't get everything. I don't think it makes Netflix's too big for buying WB studios and library content in my opinion I don't see the red flags in this deal.

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TVLurker Managing Editor

TVLurker 389

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Why can't companies just respect the fact that Netflix won fair and square.

 

Paramount and Trump are going to be trouble for the Warners.

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NowBergen News Director

NowBergen 924

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2 hours ago, TVLurker said:

Why can't companies just respect the fact that Netflix won fair and square.

 

Paramount and Trump are going to be trouble for the Warners.

 

Ellison already owns a large Hollywood studio.  If this is about owning/controlling CNN, he can bid on the cable side of the business. Considering the mess that is now CBS News since he took over, that probably is not a positive thing.  Never mind that between both Paramount and WBD, 80% or more of the cable channels are pure crap with low viewership.

TVLurker Managing Editor

TVLurker 389

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18 minutes ago, NowBergen said:

 

Ellison already owns a large Hollywood studio.  If this is about owning/controlling CNN, he can bid on the cable side of the business. Considering the mess that is now CBS News since he took over, that probably is not a positive thing.  Never mind that between both Paramount and WBD, 80% or more of the cable channels are pure crap with low viewership.

 

That's not the point though. Despite Trump's approach to businesses (meaning deregulation), he is going to actively attempt to sabotage the Netflix/WB merger.

 

Like come on, make up your mind Trump.

nomadcowatbk Managing Editor

nomadcowatbk 188

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19 hours ago, NowBergen said:

 

Ellison already owns a large Hollywood studio.  If this is about owning/controlling CNN, he can bid on the cable side of the business. Considering the mess that is now CBS News since he took over, that probably is not a positive thing.  Never mind that between both Paramount and WBD, 80% or more of the cable channels are pure crap with low viewership.

could they just get the cable channels since they aren't part of the deal?

JosiahCubed Primary Anchor

JosiahCubed 301

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And being reported in the news this morning (December 17), WBD has rejected the Paramount Skydance deal.

Edited by JosiahCubed
NowBergen News Director

NowBergen 924

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34 minutes ago, AmericanErrorist said:

Paramount has a rebuttal.

If Ellison is so committed to linear broadcasting as he states, then let him buy the Discovery side of the business and he can add more little watched crap cable channels to all his own crap cable channels.  Only downside, he would control CNN and turn it into another trump propaganda channel.

mre29 Station Group CEO

mre29 1967

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4 hours ago, NowBergen said:

If Ellison is so committed to linear broadcasting as he states, then let him buy the Discovery side of the business and he can add more little watched crap cable channels to all his own crap cable channels.  Only downside, he would control CNN and turn it into another trump propaganda channel.

 

This brings up a good question:  If someone wanted to buy a subset (read: one or more, but not all) of the cable channels, would WBD (or Discovery post-split) be open to that?

 

  • 2 months later...
TVLurker Managing Editor

TVLurker 389

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I'm a bit bummed out. Regardless of the amount of no's that Warner Bros. gave to Paramount, Paramount won because they threw more money. 

 

So much for a fair bidding process 

mre29 Station Group CEO

mre29 1967

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How many cable channels will Paramount own in the end? Hopefully, it'll be forced to divest some of them...especially CNN.

 

 

TVLurker Managing Editor

TVLurker 389

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31 minutes ago, mre29 said:

How many cable channels will Paramount own in the end? Hopefully, it'll be forced to divest some of them...especially CNN.

 

 

I doubt that this administration would force Skydance to divest cable channels. They'd probably be in favor of Skydance keeping everything.

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TheOneManHerd Managing Editor

TheOneManHerd 557

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4 hours ago, TVLurker said:

I doubt that this administration would force Skydance to divest cable channels. They'd probably be in favor of Skydance keeping everything.

...but their creditors might. This company is about to take on a breathtaking amount of debt once the financing and WBD's existing debt is added to what Skydance already owes from buying Paramount. Expect a lot of things to be cast off in the coming years; including either the Paramount or Warner lots, parts of their library, some cable channels, maybe even broadcast properties. 

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