Dec. 6 at 11:38 PM
$WBD, the #3 streamer being acquired by the dominant #1 streamer
$NFLX is a terrible, blatantly anti-competitive move. If it goes thru, it wipes out any potential streaming competition. streaming would be controlled by Netflix, who would then raise prices several dollars a year because they can. Would be a nightmare for consumers as there would be no competition.
$WBD shareholders also get the shaft as they get small premium and are still anchored to the declining media assets that Netflix isn’t buying.
$PSKY offered
$30 to include the declining assets. The new PSKY-WBD combo would create a streaming powerhouse that can take on Netflix. In that scenario, consumers win and WBD shareholders win. The only loser would be Netflix as they would finally have real competition in the streaming space.
