The Joseph Carlson Show Netflix Buys Warner Bros For $72 Billion
9 snips
Dec 5, 2025 Netflix's massive acquisition of Warner Bros and HBO Max is set to shake up the media landscape. The focus is on Netflix's need for high-quality content to enhance its offerings. The podcast dives into the financial aspects, including expected debt and cost synergies, predicting significant savings. Regulatory risks are also discussed, alongside how this move could boost subscriber growth by cross-selling HBO. The timing and operational changes, like maintaining HBO’s brand, hint at a strategic path forward for Netflix.
AI Snips
Chapters
Transcript
Episode notes
Netflix Buys Studio And HBO, Not Discovery
- Netflix is acquiring Warner Bros. and HBO/HBO Max but not Discovery, creating a focused content purchase rather than buying legacy cable assets.
- The deal centers on owning high-quality studio and prestige streaming content, not antiquated cable businesses.
Host's Personal Netflix Investment History
- Joseph Carlson shares his long-term Netflix position and conviction, saying he has over $115,000 invested and bought during lows.
- He frames his coverage as coming from experience following Netflix for years.
Acquisition Solves Netflix's Content Weakness
- Netflix wants better, scalable movies and prestige series that they struggle to produce consistently on their own.
- Acquiring Warner Bros. and HBO gives Netflix an instant library of irreplicable franchises and prestige content.