This is bad for so many reasons (people losing jobs, everything becoming more expensive, etc.). We can only hope that Netflix doesn’t kill WB’s theatrical distribution. They’ll put DC movies in theaters, but what about things like Sinners, Weapons, One Battle After Another? Will they even get made?
Netflix has won the bidding war to purchase Warner Bros. Discovery. The sale is not yet finalized, as the U.S. Department of Justice could also interfere due to anti-trust concerns. (Source: www.thewrap.com/netflix-wins...)