King@sh.itjust.works to movies@piefed.socialEnglish · edit-22 days agoParamount Makes Hostile Bid for Warner Bros. at $30 a Share, despite Netflix dealir.paramount.comexternal-linkmessage-square13fedilinkarrow-up149 cross-posted to: movies@piefed.social
arrow-up149external-linkParamount Makes Hostile Bid for Warner Bros. at $30 a Share, despite Netflix dealir.paramount.comKing@sh.itjust.works to movies@piefed.socialEnglish · edit-22 days agomessage-square13fedilink cross-posted to: movies@piefed.social
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up4·edit-22 days agoNo one really wants (to simplify) aging cable channels, HBO, and Harry Potter unless they can leverage them somehow. Netflix can fold them into their streaming and presumably cut a lot of redundancy. Comcast already owns the Harry Potter parks and cable channels. They very much need the prestige of the HBO brand. Paramount is freshly flush with cash and presumably just trying to just grab market share to stand a fighting chance. But… outside companies can’t really use it as well. What would (for example) Sony do with all that?
No one really wants (to simplify) aging cable channels, HBO, and Harry Potter unless they can leverage them somehow.
Netflix can fold them into their streaming and presumably cut a lot of redundancy.
Comcast already owns the Harry Potter parks and cable channels. They very much need the prestige of the HBO brand.
Paramount is freshly flush with cash and presumably just trying to just grab market share to stand a fighting chance.
But… outside companies can’t really use it as well. What would (for example) Sony do with all that?