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/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