alt Hacker NewsThis has nothing to do with the Netflix bid.
Warner bros is being divided into the cable TV stations + discover channel stations and the movie studio and the backlog is separate.
Netflix wants the movie studio + tv back catalog
Replies
VanTheBrand • last Monday at 10:03 PM
That’s not correct. Paramount wants everything (including the parts Netflix wants). Netflix wants just tv and movie studio. So the paramount hostile bid would be for the part Netflix wants and the part they don’t.
fyrabanks • last Monday at 6:08 PM
Netflix also wants HBO / HBO Max. They're just leaving the Discovery stuff.
hinkley • last Monday at 7:43 PM
Because WB owns what is left of Newline, that would include LotR and The Hobbit.
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sleepybrett • last Monday at 7:38 PM
the split is hbo+streaming platform on one side and pretty much everything else on the other (discovery, cablechannels, cnn)
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The article bullet point referencing WB Discovery could mislead some into thinking that this takeover is only for the Discovery portion, but that's not the case. $30 would not be for Discovery only (as Netflix's bid is $27.75), it's for the whole kit and caboodle. Yes there are two entities, but/and Paramount wants it all, and the takeover intent is for both.