Disney, Netflix and streaming
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It's been confirmed that Netflix considered buying Disney, Marvel Studios, and Star Wars before ultimately shifting its focus to acquiring Warner Bros. Pictures and HBO.
Discovery comes with world-class (intellectual property), including streaming service HBO Max; Detective Comics content such as “Batman,” “Joker” and Superman”; “Game of Thrones,” “Harry Potter” and “The Sopranos.
Before Netflix bought Warner Bros., the streaming giant reportedly had its sights set on another major studio: Disney. According to a new report from Bloomberg, Netflix had previously considered buying Disney, along with a number of other media companies, but had always ultimately decided against it.
Netflix making a play for Warner Bros. Pictures and HBO already feels like a massive turning point for Hollywood, but it turns out this was not the streamer’s first stop while scouting for a major acquisition.
After announcing a deal with OpenAI, Disney CEO Bob Iger had advice regarding the Netflix-Paramount Skydance-Warner Bros. Discovery deal.
If you want to know how Netflix’s plan to acquire Warner Bros. will affect you, I suggest not getting your answers from Netflix. Last weekend, the streaming giant emailed customers implying the deal was done (subject line: “Welcoming Warner Bros.
Netflix announced last week that it would purchase Warner Bros. Discovery in a deal worth $72 billion, raising concerns from consumers, lawmakers, Hollywood unions and movie theater owners.
Netflix’s proposed $82-billion purchase of Warner Bros. is triggering warnings from unions and theater groups, who fear the deal could accelerate consolidation, reduce jobs, and sharply impact the theatrical box office.