alt Hacker NewsThis means Netflix still has all that cash they were planning to spend on WB, plus the 2.5B breakup fee from WB.
They could arguably just build a better WB from scratch with that kind of money.
Replies
internet101010 • today at 12:26 AM
Or just buy Paramount in a couple of years.
nutjob2 • today at 12:31 AM
It's WB's back catalog that is the main prize.
add-sub-mul-div • today at 12:31 AM
They've spent many multiples of that on their throwaway binge content but that doesn't get them to something as culturally valuable as WB.
$2.8B! Which isn't huge next to Netflix's market value of $357B... but when you compare it with its $45B 2025 yearly revenue, it's at least a noticeable bump. You could make almost 4 five-season-long Stranger Things with it.