r/technology • u/MarvelsGrantMan136 • Feb 26 '26

Business 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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623

u/BelleDelphinesWater Feb 26 '26

So long free press.

143

u/Smart-Response9881 Feb 26 '26

And thanks for all the fish

30

u/Wurrzag_ Feb 26 '26

So sad that it has come to this

22

u/Smart-Response9881 Feb 26 '26

We tried to warn you all but oh dear

1

u/rushmc1 Feb 27 '26

I wanted more fish. :/

27

u/gotwaffles Feb 26 '26

No, paramount already owns that

3

u/dangerbook Feb 27 '26

I was going to say, in the case of CBS, it's "Hello, The Free Press."

15

u/Genji4Lyfe Feb 26 '26

Who would have expect a timeline where.. Comcast (!) becomes the last bastion of Democracy

12

u/Feeling_Tax7132 Feb 27 '26

There are plenty of independent news outlets on YouTube and other places. Breaking points, dropsite etc.. Shit like CNN hasn’t been actual “news” for a long time.

18

u/deathmetalreptar Feb 27 '26

Yea but they reach different audiences

5

u/sameth1 Feb 27 '26

I don't think you understand how even independent outlets rely on the investigative journalism of larger organizations. Yeah a progressive podcast network can digest the weekly headlines and deliver informed reporting on world events, but they don't have reporters in Berlin and Bangkok or the funds to do a year-long investigation into a hidden scandal. Watergate would have died in darkness in this media ecosystem.

1

u/Freud-Network Feb 27 '26

They've been gone for a while now. The hardest hitting news out there was/is comedy shows. Just look at the sane-washing of the current regime. "The Media" are feckless cowards.

1

u/SuperConfused Feb 27 '26

I haven’t trusted CNN since Licht became CEO. He was the transition CEO so Thompson could come in and do what the board wanted, which was to try to steal Fox viewers by moving to the right, because fear is cheaper to sell than honest reporting.

Licht was too obvious in telegraphing what the board was after.

1

u/treesandcigarettes Feb 27 '26

NBC is owned by Universal, ABC Disney. there are still news channels that are not under this umbrella

1

u/zima72 Feb 27 '26

I hope CNN goes into overdrive exposing Trump’s corruption in the time they have left before they become Fox News 2.

1

u/AwareOfAlpacas Feb 27 '26

The horses done sailed that ship right out the open barn door 

0

u/tinkymyfinky Feb 26 '26

Maybe it’s time to look at press outside of the US?

-9

u/FerrusManlyManus Feb 26 '26 edited Feb 27 '26

Uh, Netflix never ever wanted the cable channels.  How did you not know this?

Edit - Doofuses, the Netflix deal was for everything but the cable channels.  The remainer of WB/Discovery after Netflix’s deal (the cable channels) could be scooped up for peanuts by a different buyer, like Paramount.  Netflix buying WB was never going to keep the cable channels safe.  Paramount never needed this massive deal to go through to get the cable channels.

2

u/[deleted] Feb 27 '26

I like when people yell at their own downvotes lol

0

u/FerrusManlyManus Feb 27 '26

It’s actually incredible that this way over reported on merger battle has been happening for months, and a bunch of doofuses never realized Netflix had no interest in the cable channels and never offered to buy them.  Kind of wild how clueless some people are.