On December 5, Netflix announced its agreement to buy Warner Bros. Discovery. The deal reunited Netflix with beloved series including Looney Tunes and Friends. HBO and its hits like Succession, Sex and the City, and Game of Thrones will also live under this roof. Besides this union of movies and shows, Netflix added HBO’s 128 million subscribers to its already strong base of 300 million.
Titanic director James Cameron was one of many in Hollywood to disapprove of the deal, stating that he thought the agreement would be a “disaster” for the industry.
A BBC article titled one of its sections, “Streaming is the future and Hollywood feels cast aside.” Warner Bros. is one of the most common logos before some of our favorite movies, whether they’re from the Harry Potter franchise or a part of the DC Universe. It’s a studio that provided us with the golden age of film and television, and it’s up for debate if that age might be coming to a close. This deal illustrated how streaming platforms like Netflix continue to get bigger, while movie theaters and studios like Warner Bros. simply can’t keep up. Even Netflix’s co-chief executive officer, Ted Sarandos, said he believed movie-going was an “outdated concept.”
Sad as it is, streaming opens new doors and opportunities for screenwriters and directors. We can appreciate things like drive-in movies and theaters while feeling grateful that we live in a time where you can see a live-action wizard cast a spell while lounging on your living room couch.
While the way we access movies and shows is changing, the magic of storytelling remains the same. Our favorites are just a click away; let’s take advantage of that!