AM Mornings

Netflix Buying Warner Bros - Is This the Death of Movie Theaters?


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If you want to call in to future episodes join the club: https://patreon.com/ammorningsNews broke last week of Netflix’s intention to buy Warner Bros for around $83 Billion, with Paramount entering the fray in an attempt to swoop and purchase Warner Bros. for themselves. Warner Bros doesn’t seem happy with that attempt as they’re urging shareholders to reject that hostile takeover, claiming the Ellisons have “consistently misled” them.If Netflix is successful in purchasing Warner Bros.; is this the death of movie theaters? Netflix’s whole business model is predicated on people subscribing and staying firmly on their couches, what incentive would Netflix have in supporting movie theaters when the margins are so thin?


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