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WB+Netflix=$82.7 billion shocker!

Certainly bad news for movie theater owners as Netflix will decrease the length of time for the theater run of WB movies to only 17 days.

I haven't stepped inside one of the chain movie theaters since 2020. Are they mostly empty nowadays?

Not really shocking given that Netflix is protecting their app and WB is protecting the HBO Max app. Also whenever I see movie trailers/promos its more related to promoting their app like Netflix, Hulu and Disney+ apps. Only in Theaters has to be not as common as it was in the past.
 
Certainly bad news for movie theater owners as Netflix will decrease the length of time for the theater run of WB movies to only 17 days.

I haven't stepped inside one of the chain movie theaters since 2020. Are they mostly empty nowadays?


There are still some blockbusters, but when the number one movie of the week is only 5 weeks old and it's only doing 14 million and change (at $11-$16 a ticket), it's pretty clear that weeks one and two are where most of the money gets made:

 
I haven't stepped inside one of the chain movie theaters since 2020. Are they mostly empty nowadays?

Me too, and apparently we're not the only ones. One business that's in worse shape than radio might be movie theaters.



The movie business is much bigger than theaters. The demand for content is all about streaming, not theatrical releases.
 
WBD says 93% of their stockholders have rejected the PSKY offer.
Likely a misleading figure. Shareholders didn't need to make any explicit decision regarding the PKSY offer, they just didn't tender their shares. A reasonable conclusion might be is they were waiting to see if Netflix would sweeten its offer and, if so, by what amount. Since that knowledge is now in hand, shareholders may feel ready to make an informed decision.

We'll soon know where this falls out.
 
Or perhaps they make no decision at all. In which case they retain their shares and WBD moves forward with the Netflix offer.
Yes, anything can happen, but it's disingenuous to imply, at this point, that the Skydance offer was rejected as was portrayed in what you shared.
 
FCC Chairman says there are concerns about WBD-Netflix merger, but FCC has no jurisdiction:


Which means he should keep his mouth shut. The FCC has no oversight over streaming. They would only be involved if PSKY was a factor.

What we're seeing is a lot of people who have both HBO and Netflix accounts, not one or the other. What that means is there's potential for those customers to qualify for lower prices.
 
Follow-up on the previous story, about WBD reviewing the latest from PSKY:


This comes from a story in Bloomberg. Neither Paramount nor Netflix are shoe-ins with DOJ.
 

A deal of this scale was bound to have multiple interludes. I'm not sure Netflix will up their price though. It may be the only way they have a chanceto execute this merger.
 


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