Netflix announced Friday afternoon that they were acquiring Warner Brothers. With Netflix acquiring a major production company and releasing movies immediately on their platform...it could shutdown movie theaters and dismantle the movie industry.

We discuss Netflix acquiring Warner Brothers...and the devastating impact it could have on Hollywood. We discuss the decline of the music industry...and explain how technology destroyed the once-profitable industry. We explain how the same thing could happen to Hollywood...and how the quality of movies could decline.

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