Comment by testdelacc1

Don’t count the Ellisons out. Firstly, they control the White House. If the American government doesn’t give approval for this merger Netflix pays Warner Bros $5 billion and walks away. That leaves them open to a future Ellison takeover.

Second, even if the purchase goes through they can still get a win, just a smaller one. Their goals of creating a Fox News like media empire are still alive. CNN doesn’t fit with Netflix and will be spun out and when it is they can submit a bid for that company. The Ellisons will then control CBS and CNN.

Meanwhile, as Netflix customers we can all look forward to paying more, but without the quality content that’s HBO’s trademark. The theatre goers among us will have to accept fewer movies getting to the theatre and going straight to streaming instead. Creative folks will have one fewer major employer, giving them less bargaining power.

For voters, viewers and workers there was no winning no matter who made the winning bid.