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.
It might be a path to breaking up some of the media conglomerates. Even if it's just different, newer conglomerates, maybe better media and news will shake out for a bit.
But with big tech making EVERYTHING worse it touches with no regards for wetware customers, it's probably a bad thing.