zlacker

>>meetpa+(OP)
Any consolidation like this seems like a negative for consumers. But at least it wasn’t bought by Larry Ellison, as was considered very likely (assuming this merger gets approved, in the current administration you never know).

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.

>>afavou+Jd
> Any consolidation like this seems like a negative for consumers

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.)

>>noneth+Rp
I think you're right, but I've always been a bit skeptical of that vision -- it implicitly relies on the assumption that "THE streaming service" will choose to make as much content available as technically and legally possible; they're imagining something like "Spotify but for movies and TV shows". But I was always worried about "Apple's App Store but for movies and TV shows": one company with ultimate gatekeeper status over what you can and can't legally watch. (The movie and television business is not like the music business; the financial incentives don't, as far as I can tell, support the same kind of distribution models.)

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.

>>chipot+gy
HBO owns Westworld and stopped streaming it to avoid paying residuals.

>>themer+KV
Wow. That is dysfunctional.

I would be curious how the financial wires got crossed.

I would have assumed residuals were proportional to views, and views valued proportionally as contributing to subscription demand. And it would be a rare viewer to watch one show like that, over & over. I.e. only upside. Something went sideways.

>>Neverm+f91
Thats how it used to work in the movie theater/cable days. Then Netflix said "I will pay you a ton of money up front to own everything" Creatives said amazing! Then the "war" for creative talent started because of the fragmentation of services, so you got people saying I will pay you X + a royalty regardless because you are so sought after, which eventually, as you see here, priced them out of their own content.