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Comment by taeric

6 hours ago

This particular one could be ok for them? A major cost for Netflix in the modern era is licensing contracts that never adjusted to the streaming world. As such, consumers may actually get access to some backlog of WB stuff that is otherwise not worth offering?

My guess is you are right for some properties that WB owns outright, but legacy IP that has rights shared, especially pre-streaming rights will still have a lot of barriers/untangling to do.

I think Netflix is the most well run media company today by a mile, but also on the spectrum of quality/art -vs- straight money/tech domination they fall into the latter category, and they are the among the least friendly to creators as far as contract/rights.

We will see.

  • In their books (e.g. "No Rules Rules" Netflix seems extremely attractive to creators because they pay top dollar, as a general policy, and have the internal decision-making processes that support making bold bets on art without committees that push "safer" creative choices.

    • I haven’t read that book so forgive the ignorant question here, but how am I to parse that title?

      “No Rules Rules”, as in “no rules is awesome! It rules!”

      Or

      “No Rules Rules”, as in “the only rules are that there are no rules”.

      The difference in interpretation matters because the tone is quite different.

    • And this is precisely because Netflix doesn't have to hit the jackpot with each new movie. They just have to keep people hooked on that subscription. It's one of the few times where the subscription model works best.

  • Totally fair. The rights around a lot of media is a giant mess. Is why songs used on some movies are not the same as the ones that were used in theaters. And is just baffling for people from the outside to consider.

    • Equally if not more baffling is that songs used in one region for DVDs might not be the same as other regions because of the same licensing issues

  • Netflix is a terrible media company. They don't invest in their library and are happy to cancel shows without concluding them screwing the creators and the fans. They canceled a show within the same month it released!

    If a show does somehow get more than one season they can also be painfully slow. Stranger things took a 9 years to drop just 5 seasons. The Witcher was 6 years for just 4 seasons.

    • I mean, I'm not going to try and defend them from never having made bad calls. But, I'm not clear that they are any worse at this than other media companies?

      To wit, finding a show that was canceled the month it was released probably isn't that hard? Same for shows that had trouble keeping cadence. Especially during COVID.

      Do we have data that shows they are worse?

      (Also, I think it is perfectly valid to object to this acquisition on other merits. I just would love some old backlogged cartoons to get wider distribution.)

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  • Netflix really struggles to make quality content. If we could somehow divorce the studios from the platforms, that would be ideal. But that ship sailed a long time ago.