After being purchased by Discovery, and then separating Warner Bros. is going into a new phase. Netflix is set to purchase Warner Bros. for an estimated $72 billion. Concerns have been raised about the problem of too much media amalgamation. Consumers are trying to figure out what the status of HBO Max will be. The fear is that it will be shutdown and Netflix has one less streaming competitor. Discovery buying Warner Bros. was more of a spiral. Warner Bros. operated as its own company since 1923. The 2022 merger with Discovery was an error. Subsidiary companies are at the will of the parent companies. Meaning, they could be terminated or sold to another corporation. As movie theaters struggle, the concern is that Netflix is leading the charge to make them relics of the past. Entertainment production is becoming more of a monopoly. Corporate avarice also comes at the expense of creativity and filmmaking. Netflix insists that it will continue to allow Warner Brothers to release films in theaters. The wise choice would be to maintain streaming services and do theater releases. Simultaneously, combining various resources produce more content. Netflix would diversify catalogues of entertainment. There is a benefit to making coproduction projects with Warner Bros. film studios. A number of popular franchises could expanded with this business model. Warner Bros is no longer a parent company and might never get that status back. Warner Bros. has existed for 102 years and it is not disappearing anytime soon. Netflix was only been a company since 1997. Starting in 2007, the DVD rental service began streaming. Having the Warner Brothers intellectual properties and a popular streaming service could be a success, if managed correctly.
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