Ankler Agenda BONUS EP: Netflix-WBD Panic & Chaos in a Hollywood ‘Looking for Some Answers’
9 snips
Dec 6, 2025 Lesley Goldberg, a television reporter and Ankler contributor, joins the discussion on Netflix's surprising $82.7 billion acquisition of Warner Bros. She highlights the potential job losses and the industry’s anxiety over this mega-deal. The panel explores how this move could impact iconic brands like HBO, the fear surrounding theater survival, and the possibility of Netflix acquiring all-star showrunners. They also touch on the ramifications for guild negotiations and future content strategies, leaving many in the industry feeling shell-shocked.
AI Snips
Chapters
Transcript
Episode notes
Deal Shock And Sudden Power Move
- Netflix's surprise $82.7B bid for Warner Bros. shocked Hollywood and shifted takeover dynamics overnight.
- Elaine Low likened it to Mark Cuban swooping in at the last second on Shark Tank to close a deal.
Massive Cost Cuts Loom
- Sean McNulty highlighted $2–3 billion in annual cost savings Netflix projects, implying major cuts.
- He warned HBO Max staff and many downstream roles are likely at risk if the deal proceeds.
HBO Versus HBO Max Uncertainty
- The deal separates HBO (linear) from HBO Max (streaming) creating complex contractual and operational questions.
- Sean and Elaine stressed management offered no clear plan for HBO's future, fueling town anxiety.