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Netflix is eating Hollywood — because it has to

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Synopsis

Today, we’re talking about the bidding war over Warner Bros. Discovery, which is the biggest story in the entertainment industry right now, and for good reason. It has pretty much everything you could want in a buzzy Hollywood saga — big names, big money, and big drama. To help me make sense of it all, I wanted to talk with Julia Alexander, a Verge alum and now media correspondent at Puck News who’s one of the best in the business at analyzing corporate strategy, Hollywood, and what’s next in entertainment. Julia really helped me break down why Netflix is the clear front runner to acquire Warner Bros., why David Ellison of Paramount Skydance is so desperate to win, and, perhaps most importantly, how the tech industry fits into this puzzle. Links:  Netflix is buying Warner Bros. for $83 billion | The Verge Paramount launches hostile $108 billion bid to snatch Warner | The Verge Netflix revises Warner Bros. bid to an all-cash offer | The Verge Why Netflix needs Warner Bros. | Puck News The