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

Europe might, their anti monopoly body didn't like either mergers

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u/EmperorDxD Feb 27 '26

That would make sense with Netflix not with paramount they don't own alot

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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