Netflix is now positioned to control Warner Bros, HBO, and Discovery — meaning the #1 and #4 streaming powers could effectively collapse into one ecosystem. That’s not just a business move… that’s an anti-trust time bomb.

In this quick, off-the-cuff reaction, I break down:

• Why this deal should raise serious anti-trust red flags

• How this consolidation could accelerate the collapse of movie theaters

• Why Netflix’s long-standing tension with theatrical releases makes this especially dangerous

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