If there was any doubt about how the creatives and executives in Hollywood are feeling about Netflix's $82.7 billion bid to buy Warner Bros., the flurry of statements immediately made the panic palpable. "This merger must be blocked," from the Writer's Guild of America, was a sentiment I expected. That the Netflix deal would purportedly "eliminate jobs, push down wages, worsen conditions for all entertainment workers, raise prices for consumers, and reduce the volume and diversity of content for all viewers," felt like fair concerns for a creative community in crisis. What I didn't expect, after reading what outraged industry players had to say to Rebecca Ford and Joy Press, was for Paramount to up the ante this week by mounting a hostile takeover bid for Warner Bros. And it seems like there are many more twists in the saga to come.
Other Hollywood annoyances of the last 24 hours include: the conservative podcasts that didn't make the cut for this year's Golden Globe nomination, and a series of other snubs and surprises. |
ADRIENNE GREEN,
EXECUTIVE EDITOR |
BY REBECCA FORD AND JOY PRESS |
There's nothing more Old Hollywood than Warner Bros., a storied movie studio established in 1923—one of the "Big Five" created during Hollywood's Golden Age. That's precisely why many Hollywood insiders are taking this news so hard. If this deal does go through, Netflix, the streaming giant that swooped in and disrupted the old system—or destroyed it, depending on your point of view—will take control of one of the last remaining Hollywood studios. Plus, all the IP and history that goes along with it.
VF's Rebecca Ford and Joy Press check in with industry players: "It's not just one less buyer. It's the triumph of the Netflix business model, which is to be the only player in the business—building on years and years of successful work by the creatives they're now going to fuck over." |
|
|
BY REBECCA FORD AND JOHN ROSS |
A new leading distributor was crowned while Sydney Sweeney was completely shut out. VF staffers react to Monday morning's nominations. |
After making the short list, The Joe Rogan Experience, The Tucker Carlson Show, and The Ben Shapiro Show didn't make the cut—an interesting twist in an inaugural category that's already seen its fair share of drama. |
While David Ellison made his big move Monday, Donald Trump was busy lashing out at Paramount over Lesley Stahl's 60 Minutes interview with Marjorie Taylor Greene. |
|
|
From the February 2019 issue, Vanessa Grigoriadis breaks down the Markle family dynamics and digs deep to uncover the untold truths that turned one of the year's biggest stories into a fractured, Kardashian-ified royal fairy tale. |
|
|
This e-mail was sent to you by VANITY FAIR. To ensure delivery to your inbox (not bulk or junk folders), please add our e-mail address, vanityfair@newsletter.vf.com, to your address book.
View our Privacy Policy Unsubscribe
Copyright © Condé Nast 2025. One World Trade Center, New York, NY 10007. All rights reserved.
|
|
|
|
No comments:
Post a Comment