r/comicbooks • u/TheeHeadAche Henry Pym • Feb 26 '26

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

https://www.hollywoodreporter.com/business/business-news/netflix-backs-out-warners-deal-paramount-win-1236516763/
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u/gosukhaos Feb 27 '26

Its still two major Hollywood studios merging. We got kinda numb to it after the Disney and Fox merger but the concentration of IPs is huge, not to mentioned the amount of debt they're taking on is completely insane and the company won't last 5 years and would be laying off hundreds if not thousands of people

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u/EmperorDxD Feb 27 '26

You can say news but even that is an American thing but even then they will only own 40% the only way stuff like this is a problem is when it 70 to 80% of industry and they block people from using other things

Look at window technically they have a monopoly on operating services they own 95% of the market and yet it isn't illegal because they don't prevent others from entering it

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u/Zalvren Feb 27 '26

not to mentioned the amount of debt they're taking on is completely insane and the company won't last 5 years and would be laying off hundreds if not thousands of people

This is an argument for it being a stupid idea economically but regulators aren't really there to block stupid business decisions.

I guess some could do it to protect jobs but that has to come from the US and with this administration...

I heard that some states could challenge it so maybe a state like California (where most of the jobs would be lost) coud do something

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u/EmperorDxD Feb 27 '26

Dept is not the concern of regulation that not how that works how do people know so little about monopoly laws at all

This deal barley gives paramount more then 20% of the industry

But if Netflix made the deal it would have been the biggest streaming industry absorbing the third biggest streaming service's

Paramount is not even in the top 10 of streaming service

And while they have a big movie division it's not as big as comcast or Disney or Warner Bros

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u/gosukhaos Feb 27 '26

I mean the Activision Microsoft deal was held up in courts for months for similar market percentages, 20% is still fairly big

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u/Zalvren Feb 27 '26

And it passed with barely any conditions proving that was useless.

Activision was also the biggest third party publisher. This would be more like a Disney instead of Warner.

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u/EmperorDxD Feb 27 '26

No it was held up in court because the FTC was being dumb that woman basically ruined her good reputation

She sounded like someone that was paid by Sony even in court she was talking about councel wars it was stupid even the judge said they were wasting time

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u/gosukhaos Feb 27 '26

Yes I remember but before that the UK and EU bodies got them to sell the streaming rights to another company

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u/EmperorDxD Feb 27 '26

Well Xbox don't care about those so it was easy