Community Chat

[beckyb1012]

A billion is a billion when that kind of money is involved but The Wall Street Journal is reporting the sale at $72 billion.  Maybe Netflix had a coupon.  I read it was supposed to be bad news for CNN.

[Bookplate]

Unfortunately, the majority of our representatives in government have shown little to no interest in slowing down the hyper-consolidation of media, whatever the format. 

[geezerette]

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@Bookplate wrote:

Unfortunately, the majority of our representatives in government have shown little to no interest in slowing down the hyper-consolidation of media, whatever the format. 

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While I don't at all like the consolidation of our media (soon three of our four local news stations will be owned by the same company), often the alternative to mergers or takeovers is a failing company going out of business.

Then their assets are just grabbed up a fire sale prices anyway.🤷‍♀️

[THEY CallMe Mr Wilkes]

Two pieces to the complicated transaction:

First, WBD spins off most cable services like CNN and Discovery into a separate company, worth much, much less.

After that, Netflix will purchase the highly valuable remaining assets,  Warners movie and television studios and libraries and HBO.

[songbird]

HBO is part of our cable, do I do get their progamming.  I don't have Netflix.  Waiting to see what offers they are gong to do.

[mrshckynut]

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@willowbark wrote:

spits out coffee

Netflix to buy Warner Bros and HBO Max in $82.7  billion deal. 

What will happen to our streaming subscriptions?

@willowbark   depends on which ones you have subscriptions 

mrshckynut

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[shoekitty]

deregulation has its plusses  and negatives. Negatives seem to be, less choices and higher costs.  We pay for mergers, the consumer. The corporate and shareholders reap the rewards.  Only a few things to do..become the CEO, .buy stock, become a shareholder, or just bite bullet .  

seems like so much  has been eaten up. I am finding fewer choices, higher prices...but most of all I miss good customer service and pride in the  product. Today we have two choices, like it or lump it, lol. Oh, well I'm too old to worry about it. .  

[Snowpuppy]

@THEY CallMe Mr Wilkes  X is readying an expansion of Starlink into cell phone service. I don't have Starlink but I live very rural and people say it's far superior to Dish. 

I also owned WBD earlier this year, took the $ and ran.😉

I rarely watch tv. I have 0 streaming services.

[San Antonio Gal]

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@I am still oxox wrote:

Interesting since we do not pay for either directly Netflix come with our TMoibile phone contract and HBO is part of our Fios deal 

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@I am still oxox  -  I'm also enjoying free Netflix with my T Mobile plan.  I've had T Mobile for the past 15 years at least.