David Ellison is about to get Netflix and Chilled… and not in the fun way
Well, no matter how annoyed you are about your favorite team’s results this Saturday…. Ain’t nobody is more annoyed than David Ellison right now. As we all know, Paramount’s golden boy was already polishing his straight-cash homie win for Warner Bros… but now, word has leaked that Netflix is also circling Zaslav’s debt-soaked empire.

(Source: Giphy)
In short, on paper, this was supposed to be implausible. Netflix is the disrupter, Warner is old Hollywood, and Ellison is the kid with unlimited daddy funds trying to consolidate studios in the name of “proving” himself to the old man. But once someone drops a live grenade on the M&A table, everyone else starts running their numbers.

(Source: Cord Cutter News)
So with that said, here’s what Netflix reportedly wants: the crown jewels… duh. Netflix has it’s eyes on Warner Bros. Pictures, HBO, DC, and the streaming ops. What they don’t want: CNN, HGTV, TNT, or any other reminder that linear TV still technically exists. Meaning, while Ellison wants the full buffet, Netflix is thinking more strategically in the fact that it ONLY wants the steak. And the upside for Netflix is obvious. Owning Harry Potter, Dune, Game of Thrones, and Batman would instantly plug the only real hole left in its moat… a.k.a. IP. More specifically, IP they don’t have to lease from someone else. The downside though, is absorbing Warner’s debt, regulator headaches, and the likelihood that Warner Bros. films get shoved straight into the same algorithm that recommends you Love Is Blind right after The Dark Knight.
Meanwhile, Zaslav is currently trying to convince his board that two birds in the bush (Paramount and Netflix bidding) are worth more than the Ellison bird in hand. Translation: drag out the process, get everyone desperate, and hope the stock doesn’t flatline around $19 in the meantime.
David Zaslav be like…

(Source: Giphy)
Which means, for investors… Hollywood consolidation is hitting a whole new level of WTF. For example, Disney swallowed Fox, Amazon bought MGM, and now Warner Bros…. One the last great independents, is about to get carved up between a legacy studio and the streaming pioneer that helped kill legacy studios.
Meaning, if Netflix pulls this off… WBD will be carved up. And Netflix would have successfully claimed another victim it gets to show off on its shoulder mount. With that said though… nothing is set and stone, yet. So do what you will with this information and place your bets accordingly. Until next time, friends…

At the time of publishing, Stocks.News holds positions in Netflix, Disney, and Amazon as mentioned in the article.
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