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MGM (along with the James Bond franchise) is owned by Amazon and Netflix, unfortunately, just secured a takeover of Warner Bros. Discovery.
No, this doesn’t mean Netflix is buying CNN. Netflix has less interest in buying CNN than you do in buying a rotten cactus and serving it for dinner. For that matter, Netflix doesn’t want any of those Warners cable channels which might be spun off into Global Discovery or something and then run up the stock market flagpole to see if anyone is dumb enough to invest in them.
Netflix wants the Warners IPs and HBO which it will roll into the streaming monster, pull movies from theaters 5 minutes after they’re released and then stream them for its gated subscription platform. Considering that Netflix suffers from systemic wokeness on a scale above much of Hollywood, assume Batman will become a black trans man.
MGM and WB are two of the old golden age Hollywood studios that are just now IP boxes for two giant dot com monopolies.
That leaves Paramount, Sony, Universal and Disney still standing. And probably not for very long. Paramount just got sold. Hopefully it works out. Disney is an IP monster. Sony (Columbia) is likely to fall next. Then Universal.
Peak TV was a desperate Hollywood effort to beat Netflix. Instead Netflix just carved up the WB. What that really means is the future isn’t a movie theater, it’s a subscription to Netflix, Amazon Prime or Disney+. (I proudly have none of these.)
This streaming business model is bound to go bust, but by then so will a lot of what we used to call entertainment in the 20th century. The Hollywood stuff.
That’s sad.the studio giants fell to whatever and what’s left of them will fall to dot com dildos.
I see we have four dot com tards here.
I noted that too and wondered if they are on Santa’s Naughty List?
I think they’ll get a visit from Santa Claws this Christmas.
Well god riddance then I hope they’ll all go bankrupt & television the one eyed monster with its left-wing bias and lies by omission will follow it into obsolescence, bankruptcy and oblivion.
Skydance is owned by ” MAGA Mega donor” Larry Ellison , which adds to the confusion .
Larry E is duplicitous and of course a simple businessman.
I don’t understand why people pay for streaming services. Tubi and YouTube have an incredible selection. Disclaimer my wife subscribed to Hulu so we could watch “Only Murders in the Building” she spent a grand total of 6 or 8 dollars.
There are a number of ad supported streaming options for now, e.g. Tubi, probably the best of the lot, Pluto, Roku and some free library based ones, e.g. Hoopla
But Tubi is owned by FOX and its status is a bit confusing since it sold off its entertainment assets to Disney, but the ‘conservative’ FOX owns Tubi. Not sure how long that will work out.
Pluto is owned by Paramount.
We’ll see how long both companies decide that having free ad supported services makes sense
Pluto isn’t bad.
The only reason Sony is still around is because the Japanese government picked winners and Sony was one who received life support. This cherry picking of inefficient companies to bail out is why Japan’s economy is rapidly degrading alongside an aging workforce.
Not to get too off topic, but the whole cherry picking and government picking winners and losers seems kind of familiar with Trump’s insane protectionist schemes.
Trump wants to favor with government force the manufacturing sector over the service sector which has dominated the American landscape over the last 5 or more decades. And he is using his illegal (I say illegal even the SC makes a bad decision and allows them to continue) tariffs to do so.
Even if you somehow think our economy will benefit by shifting more from service and IT to manufacturing dominance, the point is that as conservatives we should be against that kind of central planning that picks winners and losers.
We have become the richest nation on earth because of free markets which includes free trade (free trade, not so called ‘fair’ or ‘balanced’ trade) , not from coercive protectionist schemes that Trump is so in love with.
“The richest nation on earth”? Seriously, Mike? Maybe you mistake the red column for the black column. The U.S.A. (and Canada) are buried in unprecedented debt. We appear rich because we are living large on credit. Even keeping up with interest payments has become a challenge. Yet we still pour aid into nations whose debts are nothing compared to ours.
Sony used to be a competent company.
Going into gaming with PlayStation is when they started to go downhill and bleed cash left and right.
The media tried covering it up, but the signs were there.
Tubi and YouTube don’t have shit
Watch that language my friend!
Amazon Prime comes with free delivery However the amount of orders I do on Amazon does not equate to the movie time as the movies are just awful or so old I’ve seen them long time ago,
YouTube has commercials but they allow clicks, for now!
I do not have cable or satellite Tv. Why? It’s trash, garbage and demonic.
HellyWeird has always been hypocritical at best, Rapos and pedophiles at the worst. I worked at MGM for a short while in the early 1970s. Living out there and no interest in the industry, I was still hit on by dudes in the industry. Well, why not, they’re artists and men are highly sexed and insatiable beings. I saw celebs cruising in their Mercedes and such SM Blvd in West Hollywood. One of them got up to my butt in a donut shop line. I moved up and he moved up, And he was known as family movie actor.
I drove tow trucks and taxis back in the ’70s and ’80s from time to time for extra $$$ on the West Side of LA County.
Clint Eastwood still has his office and music scoring studio in WB.
At $150 per year, Amazon is not worth it. And you’re helping them finance the woke garbage that they make now.
You can block YouTube ads in your browser or by switching to Brave.
Daniel, why do you think I call it “Hollyweird”? The entertainment industry is an industry that cannibalizes its own and does it with alacrity.
If it were allowed, there would be one conglomerate that owned all of the entertainment industry. Why compete when you could just by up the competition? The old days when there was just three broadcast networks would quickly reconstitute itself in a new and more comprehensive form if were allowed or unopposed (think of the big fish eats the little fish theory.)
Cheer up though. At least no single entity can ever own the internet. Why? Simple: the internet is composed pf billions of privately owned interconnected servers distributed across the entire planet providing content. Plus the inter-connectivity infrastructure that is the backbone of the internet is also distributed world wide making it impossible for a single entity to ever possess exclusive ownership of the internet.
Bottom line:
With the advent of the internet, you can bypass the networks and movie industry altogether and watch what you want to watch when you want to watch it. And as I discovered earlier this year,, you can even watch synopses of movies that haven’t yet been released in theaters thus saving you time, money and gas. (Who wants to drive to a movie, pay 40 bucks–per person–for the movie, popcorn & soda just to disappointed and get up and walk out on halfway through the movie?)
unfortunately the internet is being consolidated.
The old internet, the one I liked, was indeed a collection of independent sites,
Then it got consolidated by social media (Facebook still dominates it with a few second run competitors) search (Google controls almost all of search) and now AI (the battle has yet to settle out, but it’s likely to be Google, Microsoft, again etc)
There is still a ‘back door’ independent internet, but not the way most people use it anymore
As an engineer, I started out using what later became ARPANET in the early 1980s. Back then ARPANET was what private, quasi-private corporations and research universities used to collaborate on government projects. Then in the early 1990s ARPANET morphed into the internet when it’s utility started to spread and became ubiquitous.
Thanks to largely to Netscape and Internet Explorer which drove the early internet browser wars and the previous breakup of the old Bell telephone system monopoly the internet began to develop and expand far beyond its original use.
There were plenty of other milestones that helped develop the internet particular when the banking industry and financial institutions began to realize the utility of the internet. and perhaps little known or forgotten by most people is the fact that the Drudge Report was the first news aggregator on the internet. Competition exploded after that further expanding the utility and applications of the internet.
Also, I am not an IT engineer by profession but I worked around colleagues who developed and expanded the internet infrastructure into what it is today. I was also directly involved in the R&D of the satellite portion of the internet.
Today’s internet has all but moved beyond the legacy wired infrastructure into fiberoptics infrastructure and linked via satellites and terrestrial wireless networks. What remains of the old wired infrastructure is usually the “last mile” connection to the internet: telco or cable company’s neighborhood distribution node. Even that is beginning to be replaced with fiber directly into the home. That development alone is driving innovations in home computers (e.g., speed, storage capacity, AI, etc.)
By the way, that reminds me to mention the fact that if not for good old fashioned capitalism, the internet and everything it has given birth to would not exist and never developed into what it is today.
thank you for sharing those experiences, of course we’re also reversing course on the distribution of computing power in home devices and back to consolidating it into remote processing power, whether it’s AI or the cloud, SAAS
Re: your last paragraph, Rob: You are absolutely correct. As I have mentioned before, an early rough schematic of internet technology was originally devised by Soviet scientists who could apply only to the Kremlin for development funding. They were refused by short-sighted bureaucrats.
New Line went bust after the failure of The Golden Compass and several other big time stuios shut down when their overly expensive movies bombed and 20th Century Fox was almost Bankrupted when Liz Taylors movie Cleopatra Bombed
What is the backdoor internet and how do I find it? A web search?
Jeff:
You are talking about the dark web. Trust me, you don’t want to go there. There are things on the dark web that would more than shock your sensibilities. There are no rules on what you can and cannot see or buy and cannot buy on the dark web. Remove the filters on your imagination to understand this. The internet you and everyone else knows and uses is a sanitized version of the dark web.
But if you insist, download the TOR browser and good luck. Be mindful that the dark web is closely monitored by the CIA, FBI, NSA, interpol and every intelligence organization in the world.
If American consumers and independent service providers are as smart as I hope they are, they will, as usual, figure out whatever work-around they need to apply in order to get the exact product they want. That’s how it’s always been, and hopefully remains that way. Meanwhile, I’m building an impressive collection of DVDs of all of my favorite movies which I watch frequently at my leisure.
DVDs are a smart move
people buying movies on streaming are just buying a right of access that can be withdrawn any time
Make sure to buy a Blu-Ray player too as movies are moving away from DVDs and towards Blu-Ray.
and back up everything digitally
DVDs etc only last so long
Is there still a Columbia Pictures and 20 Century Fox? and their still used to be Republic Pictures and RKO
This merger…. potential merger….. is getting a lot of attention claiming it’s the end of Hollywood….as if that’s a bad thing. But this is the least of Hollywood’s problems. It’s real crisis AI, and some get it. The big stars, producers, directors, and a lot of Hollywood staff will be gone, no loss.
The day will come when a book like the Lord of the Rings will be fed into the computer and a movie will come out at the other end, and the number of potential movie makers will multiply dramatically as a result. The cost of entertainment will drop like a stone and the day when mediocre actors are worth hundreds of millions dollars will be gone.
AI will be a gamechanger. That said, the actual tools to make something like LOTR into a movie will be closely held and I suspect the end product will be lifeless even more so than the current CG slop out of Hollywood
though I have to say, this isn’t half bad