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acewavelink t1_j030grt wrote

This Warners-Discovery deal is starting to look like the corporate version of Elon buying twitter. Everyone wants to know why the fuck did they purchase them…

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MollyRocket t1_j03urd3 wrote

When Discovery purchased WB it was with the clause they wouldn't know the amount of debt they owed. Turns out it was a lot, so they’ve been cancelling all these shows and deleting properties as a way to make this quarter look like they cut a ton of debt off.

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acewavelink t1_j03w953 wrote

While I understand that aspect of it, and weirdly cancelling Batgirl thinking they will recoup more money now by not releasing it and having a write-off. Its shit like Minx wrapped filmed its second season, just to have it cancelled right after. Its the out of nowhere cancelations months after the buyout, after spending all that money on it, that is a bit puzzling and turning this into a joke.

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MollyRocket t1_j04v441 wrote

As an animator I am simply horrified by the amount of man hours that were removed from the culture. millions, if not billions of hours of work from thousands of people just... gone... shows that were already FINISHED were removed from the app for no reason except it somehow affects their bottom line.

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SlowMope t1_j05jexp wrote

We cancelled over the animation loss. Yar har fiddle dee dee.

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TheQueitWolf t1_j078gez wrote

>with the clause they wouldn't know the amount of debt they owed.

>Turns out it was a lot

I'm no highly educated businessman, but this seems kinda obvious though.

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VocationFumes t1_j0335ro wrote

They purchased them to ruin them clearly lol

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Someone could start a streaming service on just the stuff they're tossing out alone, imagine the kind of audience you could steal if you just bought up the stuff they're tossing out

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sgthombre t1_j038hus wrote

> Someone could start a streaming service on just the stuff they're tossing out alone, imagine the kind of audience you could steal if you just bought up the stuff they're tossing out

yeah I don't think people are going to rush to join the service headlined by one good season of Westworld and Genera+ion

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MollyRocket t1_j03uu0p wrote

Not to mention the literally dozens of animated shows they ended.

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Budgiesaurus t1_j03gsj4 wrote

Wasn't Elon buying Twitter already the corporate version of that?

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acewavelink t1_j03vji9 wrote

My intention was “Elon is a sole person who bought twitter” while a Discovery is a corporation that bought HBO Max

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