Except there's still Paramount, Disney and Hulu, and even if you get them all, there's no guarantee you can stream what you want to watch due to some bullshit regional distribution rights restrictions, which makes no sense in the digital era...
WB and HBO together have the franchises that Netflix has been trying to build. DC, Harry Potter, Game of Thrones, Lord of the Rings (film + game rights - tv rights), West World, The Matrix, Mad Max, King Kong, all of Cartoon Network and Adult Swim.
What does Paramount or Hulu have? It's a lot of fluff on the same or even lower caliber than Netflix.
Amazon gives some good stuff away for "free". Apple has good shows, too.
Disney? Meh - they've got Andor and that's really it.
If whomever buys HBO also also buys A24, it's over. That's all I need.
Peacock says they have sports, but then doesn't actually show all of the matches and instead tries to prop up USA and Telemundo numbers. Many times I have to watch a match in a language I'm not fluent even though I'm paying for Peacock specifically as they have the rights. Can't watch USA as I cut the cord years ago, so I'm left with hoping I can find the right spot for my OTA antenna to be able to tune in.
If they purchase HBO, I assume HBO will regress to the baseline that is Netflix content, not the other way around.
Even less now that Taylor Sheridan has left for greener pastures.
Disney owns so much content, IP and nostalgia that they don't care much.
https://companiesmarketcap.com/walt-disney/earnings/
Meanwhile, Netflix is up $300B since 2019. And Netflix’s earnings are about to surpass Disney’s:
https://companiesmarketcap.com/netflix/earnings/
And Netflix has 13,000 employees, while Disney has 233,000.
And Disney is significantly more than just a single streaming service struggling to get content.
Their Direct-to-Consumer business (aka Netflix equivalent) posted a net profit increase 9.5x year on year (from 143 million to 1.3 billion) and has more than half the number of Netflix subscribers (196 million vs. 300+ million) in significantly shorter time than Netflix. https://thewaltdisneycompany.com/the-walt-disney-company-rep...
> has more than half the number of Netflix subscribers (196 million vs. 300+ million) in significantly shorter time than Netflix.
I don’t find this impressive. Streaming has been the future for over a decade, and Disney has long had more, and more popular content than Netflix. So why is it taking them so long to catch up to Netflix? They should have surpassed Netflix a long time ago.
Disney even sells sports.
Netflix started streaming 18 years ago. Disney+ appeared 6 years ago, and Disney didn't acquire Hulu (as part of 20th Century Fox) until 2019. Also, Disney+ appeared in the era of multiple streaming services, and IIRC didn't pull their content from Netflix until sometime after they launched Disney+. Netflix also didn't lose content from other big content distributors like WB until later.
To compare: in near-absence of any competition it took Netflix until 2021 (10 years) to reach 200 million subscribers. There's Hulu that was launched in 2007, but they were nearly absent outside of the US.
So Disney has streaming competition on all fronts, has gone through price increases etc., and still grows their streaming service.
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Netflix buying WB is not really a desperation move, but it is a question of survival. Netflix has very little content of its own, and has trouble licensing relevant content from studios that are now its direct rivals: Disney, WB, Paramount etc.
They were all happily presented on Netflix, and then pulled nearly all their content to launch their own streaming platforms.
Netflix has survived by dumping enormous amounts of money into producing their own content, and licensing foreign content. But that is clearly not enough to maintain momentum, or to keep subscribers interested in the service. With WB they get their hands on a lot of IP that they can inject back into the service.
I like this post about how The Matrix, Lord of the Rings, Mad Max and Harry Potter are all valuable IP written by somebody that appears to have never heard of Marvel comics, Star Wars, Indiana Jones, The Simpsons, any Pixar film, Avatar, The X-Files, or The Bachelor.
Screw them. Likr, literally choosing to remove the show to make an example of it.
Should be:
> Except there's still Paramount and Disney/Hulu
Disney and Hulu are combining.