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'm not particularly thrilled about this kind of consolidation, but given that Warner was going to be bought by somebody, Netflix may be one of the least worst outcomes.
Don't want this to happen to your content? Then don't release it to the public.
We need to bring back explicit copyright registration and renewals.