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I think they’ll have a monopoly in the streaming space if it goes through. But I’m more worried about the film industry than streaming, I think this is a terrible move if it goes through.
Pro
Thats true. It could really hurt the film industry for sure, I didnt think about that angle yet
I personally believe the consolidation of companies in any industry reduces the quality of the output to consumers. The shareholders and executives are the ones who win in this.
Pro
Completely agree. The more power one brand has the lower the quality, but also higher costs. I cant imagine this wont come without a price hike
How is something like this legal? It really feels like a monopoly
This would be an impact on the film industry, movie theaters, and consumers. That would be true even with the other potential bidders in the mix. Consolidation like this isn't good for anyone but executives and shareholders.