Established streaming industry leaders like Netflix and Amazon are facing more competition than ever. Now legacy entertainment giants are in the game with their own subscription services, like Peacock, HBO Max, Paramount Plus, and the Disney Plus / Hulu / ESPN Plus bundle, while Apple TV Plus attacks around the edges. Meanwhile, the rise of ad-supported free platforms like Roku Channel and Pluto TV has attracted enough attention that Plex, YouTube, and Amazon’s Freevee are trying to get a chunk of the action too.
Everyone’s favorite movie-rating social media platform has entered the video rental game. Unlike other rental services, this one is highly curated, launching with just nine films. Of those, four have never been released. Prices are a little all over: some movies, like 1991’s Poison by Todd Haynes, are only $3.99 for a 48-hour rental, while Unreleased Gems like the recent SXSW fave It Ends are $19.99.
Netflix may be the frontrunner now, but the war for Warner Bros. could end in a number of different ways.
The new teaser for season 2 of Netflix’s live-action Avatar: The Last Airbender series is full of iffy-looking action, but it gives us a very promising look at Miya Cech’s take on Toph.
And maybe Jared Kushner too? Whether Netflix or Paramount gets Warner Bros., it’s all heading in the same direction.
Jeff Williams, who recently retired from Apple, will stand for election “as a new independent director at the company’s 2026 annual meeting of shareholders,” Disney says. The board will be expanded to 11 members.
[The Walt Disney Company]
Rian Johnson’s latest mystery trades crowd-pleasing spectacle for something that pushes the series in a new direction.
As Ted Sarandos and David Ellison play out a public spat over whose turn it is to play with Warner Bros., while trying to impress Trump and the regulators along the way, just remember that the real winners at the end will be HBO Max subscribers.
sam flynn:
It’s really fun how we all get to sit around and watch these idiots toss gold bars back and forth across Trump’s desk while waiting to see if an HBO Max subscription will be $80 or $100 a month this time next year.
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Since Netflix announced that it was the frontrunner to buy Warner Bros., David Ellison’s Paramount Skydance has been getting more hostile in its bids to own the legacy studio. But Semafor reports that Paramount’s tactics have raised eyes in Washington, where some think Ellison is banking on favoritism from Trump’s Justice Department.
After launching a hostile bid for the entertainment giant, Paramount’s Ellison told CNBC that Netflix’s deal to buy part of WBD would create a company with “unprecedented market power:”
When you combine the number one streamer with the number three streamer, that creates a company that has unprecedented market power, north of 400 million subscribers. The next largest competitor is Disney, with just under 200 million. That’s bad for Hollywood, that’s bad for the creative community, that’s bad for consumers.
Warner Bros. has a long history of bad buyouts and mergers, but maybe Netflix co-CEO Ted Sarandos has been watching a little too much Arrested Development on his own platform.
Bebopper:
Arrested Development but it might work for us .gif
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Despite Netflix co-CEO Ted Sarandos’ efforts to woo the president last month, Trump said on Sunday that plans to combine the streamer with Warner Bros. “could be a problem.” Trump said that Netflix already has a “very big market share,” which will “go up by a lot” if the $83 billion buyout goes ahead.
In September, Google and C-SPAN struck a deal to bring the networks to subscribers, and this week C-SPAN, C-SPAN2, and C-SPAN3 went live on YouTube TV in all its unfiltered glory of wall-to-wall government minutia. But, it’s not all boring congressional sessions, they know how to have fun at C-SPAN, too.
WB has a checkered history of acquisitions, but joining forces with Netflix would elevate it to a new level of prominence.
Warner Bros. mergers have a not-so-great history, but with this deal, co-CEO Greg Peters said on an analyst call that, as transcribed by Deadline:
We understand these assets that we’re buying, the things that are critical in Warner Bros. are key businesses that we operate in, and we understand. A lot of times, the acquiring company, it was a legacy non-growth business that was looking for sort of a lifeline. That doesn’t apply to us.
Co-CEO Ted Sarandos, from an investor call:
This deal is pro consumer, pro innovation, pro worker, it’s pro creator, it’s pro growth. And our plans here are to work really closely with all the appropriate governments and regulators, but really confident that we’re going to get all the necessary approvals that we need.
From its website:
The world’s largest streaming company swallowing one of its biggest competitors is what antitrust laws were designed to prevent. The outcome would eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers. Industry workers along with the public are already impacted by only a few powerful companies maintaining tight control over what consumers can watch on television, on streaming, and in theaters. This merger must be blocked.
From its press release:
Netflix expects to maintain Warner Bros.’ current operations and build on its strengths, including theatrical releases for films.
“Expects” is doing a lot of work there. But responding to an investor question about theatrical plans, Netflix co-CEO Ted Sarandos said:
I wouldn’t look at this as a change in approach for Netflix movies or for Warner movies for that matter.
WBD’s board of directors determined that “this structure – Warner Bros. joining Netflix, and Discovery Global becoming a focused standalone company – provides the strongest long-term foundation for both sets of businesses,” Zaslav says.
It was bad enough that Amazon thought people would enjoy English / Spanish versions of Banana Fish and No Game, No Life Zero that were shoddily dubbed using generative AI. But Anime News Network reports that the streamer didn’t even bother to ask the original studios behind those series if that kind of dubbing was ok.
The company is selling Spry Fox, a studio it acquired in 2022 that’s known for cozy games like Cozy Grove and is developing an MMO, back to its original owners, Game File reports. It’s the latest shift in Netflix’s evolving gaming strategy.
Rian Johnson might not be open to a Knives Out feature starring The Muppets, but he seems to have given his blessing to Netflix’s new Sesame Street short about detective Beignet Blanc investigating the disappearance of Cookie Monster’s triple berry pie.
