> Combination Will Offer More Choice and Greater Value for Consumers, Create More Opportunities for the Creative Community and Generate Shareholder Value
No doubt about the last part, but how does merging two giants create "More Choice"? I know corporate double-speak is already out of control and I know they're writing whatever they can do avoid regulators who surely are looking into the acquisition, but surely these executives cannot believe acquisitions lead to more choice, right?
There should be never any talk about "Shareholder Value". Shareholders do not create content, they do not subscribe at scale. Once your customer is no longer the focus, it's downhill from there, and it's been downhill for a WHILE.
I killed my Netflix sub over a year ago and I never even think about it. It's all dull, empty-calorie background TV.
The sad part is how the iconic HBO brand, already beaten by WBD into a pulp, is just going to merge with this average-ness and fade. End of an era, indeed.
I think that wording is targeted at anti-trust regulators.
More choice as in more content available to choose from on Netflix?
> No doubt about the last part, but how does merging two giants create "More Choice"?
This is performative marketing for the regulators to allow the merger. No one (including the regulators) believes this, and it won't come to pass. ("More choice" won't, I mean, the merger will and a lot of regulators and politicians involved will end up with new cars, boats, and kids' college tuitions paid.)
Adding Warner Bros. catalog will naturally lead to more titles to choose from for Netflix users. The choice of streaming services will be slimmer though. It will be interesting to see how regulators see it.
I guess you are in the US. For you, WB content was already available. But you see, they never bothered to make that content available for most of the rest of the world. Netflix, on the other hand, is available most anywhere. This is exactly what it says on the can - more choice and greater value for me.