{"id":677074,"date":"2025-12-10T00:00:00","date_gmt":"2025-12-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/10\/the-netflix-takeover-the-finale\/"},"modified":"2025-12-21T09:37:12","modified_gmt":"2025-12-21T09:37:12","slug":"the-netflix-takeover-the-finale","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/10\/the-netflix-takeover-the-finale\/","title":{"rendered":"The Netflix takeover, the finale"},"content":{"rendered":"

? This is the finale of our originally three-, now four-part series on Netflix\u2019s acquisition of <\/strong>Warner Bros. <\/strong>Read part one here<\/a> for the business breakdown, part two here<\/a> for what that means for the industry, part three here<\/a> for the details on Paramount Skydance\u2019s hostile all-cash bid.<\/p>\n

That\u2019s all, folks. <\/strong>Over the weekend, Netflix announced<\/a> it would acquire Warner Bros. Discovery\u2019s film and television studios, along with HBO Max, for a staggering USD 82.7 bn in enterprise value. The deal positions the streaming giant as the new owner of one of Hollywood\u2019s most storied studios, and host to 400 mn global streaming users.<\/p>\n

Monopoly aside, one of the major sticking points to the public has been that a man <\/strong>who doesn\u2019t believe in movie theaters will now<\/strong> control Hollywood\u2019s premier studio.<\/strong> While Netflix co-CEO Ted Sarandos promises the union will \u201chelp define the next century of storytelling,\u201d the acquisition threatens to deliver a devastating blow not only to movie theaters and economic windows in tinseltown, but to the very fabric of shared cultural experience that cinema has provided for over a century. <\/p>\n

Sarandos has been remarkably consistent in his contempt for traditional moviegoing. <\/strong>In a 2024 interview with The New York Times<\/a>, when asked about box office juggernauts like Barbie and Oppenheimer \u2014 which famously had moviegoers dressing up thematically and seeing both movies back-to-back \u2014 he said he believed they would have been enjoyed just the same from home: \u201cThere\u2019s no reason to believe that the movie itself is better in any size of screen\u2026 My son [watched] Lawrence of Arabia on his phone.\u201d This doesn\u2019t sound like a CEO acknowledging that different viewing options serve different needs. This is someone actively arguing that watching David Lean\u2019s sweeping desert epic \u2014 shot in 70mm to capture the vastness and isolation of the landscape \u2014 on a phone is equal to experiencing it in a theater. <\/p>\n

What he fails to realize is that moviegoing isn\u2019t about convenience, it\u2019s a cultural and <\/strong>social practice with inherent value.<\/strong> Calling theaters \u201c outdated<\/a> \u201d (which he did) is like calling the restaurant business outdated, just because convenient dining-in options are available.<\/p>\n

You snooze, you lose: <\/strong>While Netflix has promised to maintain Warner Bros.\u2019 theatrical operations, Sarandos was quick to add a disclaimer<\/a>: \u201cOver time, [theatrical runs] will evolve to be much more consumer friendly, to meet the audience where they are quicker.\u201d Translation: the time individual movies spend showing in cinemas will shrink dramatically. <\/p>\n

Netflix\u2019s current theatrical releases in the US typically receive two-week runs before <\/strong>hitting the streaming platform \u2014 a far cry from the traditional 45-day window<\/strong> that Sarandos has called \u201ccompletely out of step with the consumer experience.\u201d Cinema United, the global exhibition trade association, responded<\/a> swiftly: \u201cThe proposed acquisition of Warner Bros. by Netflix poses an unprecedented threat to the global exhibition business. The negative impact of this acquisition will impact theaters from the biggest circuits to one-screen independents,\u201d and deprive audiences of the full cinematic experience.<\/p>\n

The cultural cost:<\/strong> In an increasingly atomized culture that is causing a loneliness<\/a>epidemic<\/a>, theaters offer something irreplaceable: the experience of being part of a collective audience, the same thing that makes attending concerts and sports events different than listening to music or watching matches on the TV. The shared gasp at a plot twist, the communal laughter at a perfect comedic beat \u2014 these moments of synchronized emotional response create informal bonds between strangers that reinforces a quickly fading sense of community.<\/p>\n

There\u2019s a reason Christopher Nolan fought so hard to keep Oppenheimer in theaters<\/strong>, why Dennis Villeneuve insists Dune must be seen on the biggest screen possible, why James Cameron designs his films specifically for theatrical exhibition. These filmmakers understand what Sarandos doesn\u2019t: that the theatrical experience is fundamentally different from home viewing \u2014 not inconvenient or outdated, but different in ways that matter. <\/p>\n

A social contract:<\/strong> When you watch a film in a theater, you enter a kind of contract<\/a> with the screen and your fellow audience members. You agree to be fully present and to surrender your attention completely to experience the film as the filmmaker intended \u2014 in the dark, on a massive screen, with carefully calibrated sound, without the distractions of your phone or the ability to pause and check social media. This focused, communal attention creates a more profound and memorable experience.<\/p>\n

Sarandos\u2019 comments are those of someone who views films as mere content to be <\/strong>consumed however is most convenient, rather than as an art form<\/strong> whose impact is intrinsically tied to how it\u2019s experienced. His anecdote about his son watching Lawrence of Arabia on his phone \u2014 apple, tree \u2014 isn\u2019t proof that screen size doesn\u2019t matter, it just demonstrates proof that he is a powerful man in the filmmaking industry who doesn\u2019t understand why it should.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last weekend, Netflix announced it would acquire Warner Bros. for a staggering USD 82.7 bn<\/p>\n","protected":false},"author":1,"featured_media":677234,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"small","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[8651,633,6655,638,7128,640],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-677074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-your-commute","tag-business","tag-enterprisepm","tag-film-and-tv","tag-for-your-commute","tag-ma-watch","tag-netflix","wpautop","entry"],"acf":{"mongo_id":"6280c6b4-58f1-4186-8919-afe68b0845c6","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/663.jpg","photo_position":"above","homepage_title":"","full_issue_title":"The Netflix takeover, the finale","related_issue":[677069],"teaser":"Last weekend, Netflix announced it would acquire Warner Bros. for a staggering USD 82.7 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.761a6300-084e-449c-bf60-c7de7897199a.mp3","photo_link":"","related_sponsor":"","en_translation_ref_id":"","section_story_id":""},"yoast_head":"\nThe Netflix takeover, the finale - 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Discovery\u2019s film and television studios for a staggering USD 82.7 bn","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/440.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589597,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/05\/the-barbie-movie-not-coming-to-a-theater-near-you-in-vietnam-major-studios-are-axing-streaming-content-for-better-profitability\/","url_meta":{"origin":677074,"position":3},"title":"The Barbie Movie: Not coming to a theater near you in Vietnam + Major studios are axing streaming content for better profitability","author":"enterpriseam admin","date":"5 July 2023","format":false,"excerpt":"Streaming platforms are devouring the lion\u2019s share of industry income","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/137.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554691,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/04\/netflix-ventures-into-gaming\/","url_meta":{"origin":677074,"position":4},"title":"Netflix ventures into gaming","author":"enterpriseam admin","date":"4 November 2021","format":false,"excerpt":"Play Stranger Things on your Android: Netflix has released five new games on Android app stores as the streaming giant attempts to expand its offerings with its foray into gaming. Two of the titles out now come from the successful Netflix franchise Stranger Things which quickly amassed a cult following.\u2026","rel":"","context":"In "FOR YOUR COMMUTE"","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/56.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551612,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/03\/the-duffer-bros-bring-us-an-explosive-and-very-long-stranger-things-season-finale\/","url_meta":{"origin":677074,"position":5},"title":"The Duffer Bros bring us an explosive (and very long) Stranger Things season finale","author":"enterpriseam admin","date":"3 July 2022","format":false,"excerpt":"? ON THE TUBE TONIGHT- (all times CLT) It\u2019s finally here: the Stranger Things season 4 finale is now streaming on Netflix. 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