The bidding war to buy Warner Bros. Discovery has become one of the most followed news stories in recent days. There were many candidates, including Paramount, but in the end the streaming giant has emerged victorious. According to Deadline, after this victory, Netflix and Warner Bros. Discovery will reunite to finalize the sales negotiations.

Netflix looks to the future

Netflix’s victory over Paramount has not been easy. According to sources that reach the network, Paramount would have been trying to increase the bid aggressively during the last few days. However, it would not have been enough.

With a cash operation and a great offer of 28 dollars per shareNetflix’s victory was practically insurmountable. From here on, the world of entertainment and streaming is preparing for many changes. For Warner it means ending a dramatic process that they have been trying to close since October and that has generated much debate in the industry.

What does Netflix buy?

Netflix’s offer has focused on two pillars: Warner Bros. Studios and HBO Max. This means that Netflix will make a strong presence in the film market and strengthen its presence in streaming. We must not forget that Warner Bros. Studios has historical importance in the world of the seventh art. Other purchase candidates have included Comcast, a company that was interested in taking over the streaming business and the film production company to expand its market in an additional way.

The value of the purchase of Warner and HBO Max is immense. You have to think that this will give Netflix control over a countless number of very juicy properties in the world of entertainment, such as the world of Harry Potter, DC Studios with all its charactersfrom Batman to Superman, or even the Game of Thrones universe.

To guarantee its victory in the race, Netflix has secured compensation valued at $5 billion if, in the end, any inconvenience occurs that prevents the operation from being completed. The most problematic thing that Netflix will have to deal with will be the fight with the competition body, since taking control of HBO Max will be a extremely sensitive movement for the market.

What does this mean for users?

In recent days, Netflix had talked about several important things about what would happen if they ended up winning the bid. On the one hand, they delved into the future of Warner Bros. Studios in cinema. They said that although their main focus is streaming, they intended to respect the historic presence of Warner in the cinema and continue releasing their films in theaters. Although it remains to be seen how these “good intentions” materialize, today it would mean that movie theaters would have some support from Netflix.

Regarding HBO Max, what has been said in recent hours is that if Netflix bought Warner’s service, it could mean a significant drop in prices. Against all odds, what Netflix would do is offer combined subscription packs so that, by contracting Netflix + HBO Max, users could enjoy a significant price reduction.

Of course, it’s all theories and nothing is set in stone. It is most likely that the future of HBO Max depends, in some way, on the obligations or limitations that the competition body places on Netflix. Because we must not ignore that Netflix is ​​not going to buy a small streaming service, but one of the three big market leaders. This could cause important changes in the sector.

Will there be changes in the future of HBO Max and its properties?

One of the topics of conversation in recent days has also been related to what would happen in the environment of HBO Max and DC Studios if Netflix bought the company. A short time ago there was a changing of the guard at DC Studios, hiring James Gunn as CEO alongside Peter Safran. His entry onto the scene marked the reboot of the world of Superman, Batman and company.

That generated a wave of criticism, but also applause. Now it remains to be seen what happens in the future of this franchisesince there are those who believe that it could mean another change and the restart, once again, of all the stories. We must not forget that the previous DC Studios universe was led by Zack Snyder, who has linked his work to Netflix after ending his collaboration with Warner Bros. In any case, Netflix possibly has more important matters to focus on in the operation and lets everything flow as it is doing now.