From a Hacker News perspective, I wonder what this means for engineers working on HBO Max. Netflix says they’re keeping the company separate but surely you’d be looking to move them to Netflix backend infrastructure at the very least.
This is a very common narrative to this news. But coming into this news, I think the most common narrative against streaming was essentially "There is not enough consolidation." People were happy when Netflix was the streaming service, but then everyone pulled their content and have their own (Disney, Paramount, etc.)
I will not lament the loss of visual mass media. I’ve already reduced my viewing to just Kanopy, but even they are reducing tickets.
Fortunately there are plenty of other fun and entertaining things to do than sit in front of a screen and drool at slop.
Unfortunately people will “suffer” with their first-world problems of not getting new Marvel movies every 8 months or Spider-Man reboots every 2 years, or having to pay $100+/month for drivel. Oh the humanity.