When it was announced that Netflix had agreed to buy Warner Bros., it was seen as a massive shift in the status quo of Hollywood. It was suggested that nothing would be the same again. A lot of Hollywood’s biggest names didn’t love the idea of the streamer taking over a legacy film studio. Now, of course, we know that the deal with Netflix isn’t happening. But if you thought the whole of Hollywood is happy with it, think again.
Following its initial hostile takeover attempt, Paramount upped its offer to buy Warner Bros., and Netflix decided not to compete, leaving the door open for two of the biggest film studios to become one. People may not have loved the idea of Netflix buying Warner Bros., but there are plenty of voices decrying this deal as well. Deadline spoke to an unnamed insider at a rival studio who said:
