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Rachel Daniels, Lecturer, Auckland University of Technology

How NZ streaming costs and choices could change after the epic Netflix-Paramount battle for Warner Bros

Netflix Warner Bros Paramount Warner New Zealand Warner Bros Discovery Discovery HBO HBO Max Neon
Myung J. Chun/Los Angeles Times via Getty Images

The battle between Netflix and Paramount for Warner Bros Discovery may significantly affect New Zealand’s screen sector, audience choice, local production opportunities and industry growth.

On December 6, Netflix announced it had signed a definitive agreement valued at US$83 billion (NZ$143 billion) or US$27.75 per share to acquire Warner Bros, including its film and television studios, and streaming platforms HBO Max and HBO.

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