Joe Flint: Wall Street Journal reporter on Netflix acquiring Warner Bros Studios
The Mike Hosking Breakfast · Newstalk ZB
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Another major shake up is coming to the streaming sphere as Netflix agrees to acquire Warner Bros Studios.
The $125B acquisition includes HBO Max - giving them the rights to shows like Game of Thrones, Succession, and Euphoria.
Netflix co-CEO Ted Sarandos has said theatrical releases will become more limited, as Netflix sees them as not 'consumer friendly'.
Wall Street Journal media and entertainment reporter Joe Flint told Heather du Plessis Allan, "generally Wall Street and Hollywood already felt Netflix was the king. So yes, if this goes through, not only are they the king, but they've probably extended their reign by 100 years or so."
LISTEN ABOVE
See omnystudio.com/listener for privacy information.