Broken Posted September 17, 2022 Posted September 17, 2022 (edited) In a breakdown of the financial struggles Warner Bros. Discovery is currently facing by The Hollywood Reporter, an interesting piece of information emerged: Comcast has its eye on acquiring the struggling company and merging it with NBCUniversal. While the unification of Warner Bros. with Discovery seemed to be a beneficial one for all involved, things have quickly gone south. From the cancellation of Batgirl and Scoob: Holiday Haunt to the purging of numerous films and shows on HBO Max to massive layoffs, Warner Bros. Discovery's birth was quickly met with bad press and a legion of angered creatives. The highly publicized moves by new CEO David Zaslav saw WBD's stock plummet, and that's reportedly what has so enticed Comcast. Per THR, Comcast CEO Brian Roberts is eagerly awaiting April 2024, when the legal hurdles preventing the purchase of WBD will be out of the way. the HBO Max purge is reportedly saving the company millions, money that's sorely needed as it faces $50 billion in debt. x Edited September 18, 2022 by Broken
vinster13 Posted September 17, 2022 Posted September 17, 2022 The way we are witnessing the tv and film industry merge like music industry did years ago to create the big 3. im predicting Disney, paramount and universal to be the final players
Aston Martin Posted September 17, 2022 Posted September 17, 2022 Do all these mergers not violate anti-trust laws?
Walk_Away21 Posted September 17, 2022 Posted September 17, 2022 We already knew it but the government is WORTHLESS
venuss Posted September 17, 2022 Posted September 17, 2022 19 minutes ago, Aston Martin said: Do all these mergers not violate anti-trust laws? Yup but nothing will be done. See: Disney buying Fox
doonerr Posted September 17, 2022 Posted September 17, 2022 Too bad 30 Rock is not on the air anymore to bully Comcast into hiding
Archetype Posted September 17, 2022 Posted September 17, 2022 1 hour ago, Broken said: it faces $50 million in debt That is NOTHING for a company owned by Warner, which spends hundreds of millions per year to make films and makes even more in profit. This company was mismanaged and money was definitely being given to the wrong people for this to be the result.
mystery Posted September 17, 2022 Posted September 17, 2022 This should not be allowed to go through if they actually start engaging.
Rachel Berry Posted September 17, 2022 Posted September 17, 2022 (edited) We’re getting closer and closer to watching the big merger company from BoJack Horseman become a reality. Edited September 17, 2022 by Rachel Berry
politeone Posted September 17, 2022 Posted September 17, 2022 1 hour ago, venuss said: Yup but nothing will be done. See: Disney buying Fox It doesn't necessarily violate them, there's more to it than just saying yes or no
loveisdead9582 Posted September 17, 2022 Posted September 17, 2022 I mean, they can’t do any worse than the latest ceo has done.
Subzero Posted September 17, 2022 Posted September 17, 2022 Give it a few years and Disney will buy them all by the way this is going
MrDog Posted September 17, 2022 Posted September 17, 2022 50 milion in debt? Lol, that's like nothing to them
rp662 Posted September 17, 2022 Posted September 17, 2022 1 minute ago, MrDog said: 50 milion in debt? Lol, that's like nothing to them Billions
Totami Legend Posted September 17, 2022 Posted September 17, 2022 2 hours ago, vinster13 said: The way we are witnessing the tv and film industry merge like music industry did years ago to create the big 3. im predicting Disney, paramount and universal to be the final players Scary to think but it’s happening
MrDog Posted September 17, 2022 Posted September 17, 2022 20 minutes ago, rp662 said: Billions It says millions
Steve Jobs Posted September 17, 2022 Posted September 17, 2022 That makes sense for them. I was thinking the other day how NBC Universal was completely unprepared for the international market. Disney and HBO Max had major international rollouts almost immediately; NBC does not really have the brand recognition to bring Peacock to the rest of the world and make it successful. They’ve launched in like 5 European markets but that’s nothing compared to the 100+ of HBO, Disney and Netflix.
Bloodflowers. Posted September 17, 2022 Posted September 17, 2022 Lmao not Tony Khan and Stephanie McMahon having to share the same rival shows on Peacock if that happens
Hephaestus Posted September 17, 2022 Posted September 17, 2022 The way this industry is consolidating so fast is kinda scary but really not surprising considering everything that's happening
McNulty Posted September 17, 2022 Posted September 17, 2022 I can't wait until Disney buy Warner NBCUniversal Bros. Discovery.
Arcadius Posted September 17, 2022 Posted September 17, 2022 3 hours ago, McNulty said: I can't wait until Disney buy Warner NBCUniversal Bros. Discovery. They legally can't. Honestly the only way I can see the industry managing to be more than just 3 giant studios would be if Amazon or Apple managed to take their studios to higher levels but at this rate idk.
mxoonlight Posted September 17, 2022 Posted September 17, 2022 It’s not surprising. There’s no way the archaic strategy shift WB had in mind was going to heal its wounds.
Gui Blackout Posted September 17, 2022 Posted September 17, 2022 If it means the current CEO would be fired I'm happy with that
slik Posted September 17, 2022 Posted September 17, 2022 (edited) The WBDiscovery merger has been a disaster Discovery was good at branding tv channels where you knew what you were getting before even watching: FOOD network, HOME & GARDEN TV, ANIMAL Planet, INVESTIGATION Discovery...etc Discovery is good at non-scripted reality shows built around personalities interacting with people in suburbs and big cities Neither of the above indicated they would be good at the VAST intellectual properties of Warner Bros at all. Edited September 17, 2022 by slik
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