Warner Bros, that when culture-shaping company, is again up on the market — this time, to Netflix. It’s the newest season of worldwide media’s long-running, buy-sell-merge-collapse actuality recreation.
The Silicon Valley streaming service has agreed to a US$83 billion part-stock, part-cash provide, introduced Friday, for the big-five Hollywood studio’s again catalogue, mental property (together with Superman and Batman), and its manufacturing and distribution capability, together with the up-market streaming competitor HBO Max.
Brave. Plenty of earlier gamers have tried and failed with Warner Bros, from print big Time Inc in 1990, to early-tech star AOL in 2001, to the US telco AT&T in 2018, to content material aggregator Discovery since 2022.
