The death of Hollywood and the birth of 'Netflix-Warner'... Will algorithms kill what remains of the art of cinema?
The death of Hollywood and the birth of 'Netflix-Warner'... Will algorithms kill what remains of the art of cinema?
The day Netflix and Warner Bros.' Discovery merger was announced wasn't just another day in Wall Street history; it was the day Hollywood, as we've known it for a century, was declared dead. We're not talking about a business deal, but a reset of the global cultural order. Warner Bros., founded a century ago, represented the soul of cinema, while Netflix represents the brain of technology. When the brain absorbs the soul, we are faced with an entirely new entity that will redefine the meaning of entertainment. Financial Engineering... How did Netflix buy the future and leave the past behind? This deal is a masterclass in financial engineering. Netflix didn't buy Warner Bros. Discovery as a single entity, but rather executed a brilliant "asset separation." Valued at a total of $154.7 billion, the company was divided into: The abandoned entity (Discovery Global): This includes traditional cable channels, terrestrial broadcasting stations, and the aging infras…