What started as a mail DVD rental company, by Reed Hastings and Santa Cruz in California 1997, becomes the world's biggest streaming platform.

But Netflix want more, infact they want it all

On the 5th of December,

Netflix announced that they have reached a deal worth $82.7 billion to buy Warner Bros discovery (A 100 years old movie studio and it's streaming platform HBO Max with 130 million subscribers)

But they haven't had it easy ever since, they have been facing a lot of backlash and resistance from the entertainment industry, as the move is being tagged a monopoly and an end to competition in streaming platforms. 

But, Paramount sky dance another old movie studio and streaming platform said no we can't let this happen, not on our watch.

Then B💣 💣 M

They launched a hostile bid of $108 billion in attempts to hijack the deal.

A large amount of the entertainment industry will prefer to see Paramount Sky dance win the bidding wars

But here's the thing, even with that amount the odds still seem to favor Netflix.

As the structure of the Netflix deal will see Warner Bros owners, receive a whooping 82.7 billion dollars in cash, and  some side deals which could see the deal surpass what Paramount is offering.

But what does this mean for HBO Max subscribers and Warner Bros movie fans, if

Netflix successfully owns the rights to every show and movie franchise owned by Warner Bros, like ; Harry Potter, Pirates of the Caribbeans, Game of thrones, the DC (dark comics) universe e.t.c.?

Plenty of shows (series) running on HBO Max currently will get canceled, while old movies made by Warner Bros studios may get reboots. with no more theatre releases for the former Warner Bros franchises, but mainstreaming.

Netflix on the other hand, will increase their subscription prices by far, which will affect its current subscribers. 

Warner Bros is yet to acknowledge Paramount's offer nor accept it

If you had your way, who would you prefer to see acquire Warner Bros discovery?