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The Netflix and Warner Bros. deal might be great for shareholders, but not for anyone else

Engadget - 23 hours 50 min ago
Netflix's $82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theaters were forced to close and audiences became even more comfortable with streaming films at home . The WGA and SAG-AFTRA strikes in 2023, which were driven by legitimate concerns around studio interest in generative AI , delayed production and promotion of many film and TV projects. And the rise of streaming...
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