Netflix just made a deal to buy Warner Bros. They will now own DC, Harry Potter, Looney Tunes and Purple Rain. I'm not seeing anything about whether or not deal includes WB Records.

https://about.netflix.com...arner-bros

djThunderfunk said:

Netflix just made a deal to buy Warner Bros. They will now own DC, Harry Potter, Looney Tunes and Purple Rain. I'm not seeing anything about whether or not deal includes WB Records.

https://about.netflix.com...arner-bros

.
Warner Music Group is a separate company, not owned by WBD.

Kares said:

djThunderfunk said:

Netflix just made a deal to buy Warner Bros. They will now own DC, Harry Potter, Looney Tunes and Purple Rain. I'm not seeing anything about whether or not deal includes WB Records.

https://about.netflix.com...arner-bros

.
Warner Music Group is a separate company, not owned by WBD.

Good to know. Thanks!

Will they not own the film?

iveivan said:

Will they not own the film?

I assume they will own Purple Rain, Under The Cherry Moon & Grafitti Bridge as well as Batman. So, I guess there will be no synergy of soundtrack & movie releases. But as long as Netflix has nothing to do with a Parade or Purple Rain SDE then I'm relieved. Batman will be interesting though, as I assume Netflix will acquire the copyright for batman characters & logos creating a nescesity for some kind of licensing deal for future rereleases. Maybe a copyright expert can will come along and clear that up for us.

luv2tha99s said:

dualboot said:

luv2tha99s said:

Soooo I wonder if there will be any movement on the 9 part doc? Only if the current estate is in still in charge I suppose. Sigh…

Or you could say they go the way round to get this released.

As long as the current Estate is running things, this doc will never see the light of day 👎

Didn’t McMillions already cut a new deal with Netflix so they can push out their own Estate‑approved documentaries instead?

Deal is not sealed yet.

https://www.theguardian.c...r-bros-bid

I imagine a Parade SDE would need the involvement of Warner Bros. So the Estate better get a move on with it or they'll be dealing with Netfix again!

happyshopper said:

FrankieCoco1 said:

Trump surely wants to fuck this deal up, so he can control and bully independent media via another bid.

Purple Rain and Trump?... maybe he's gonna put the unedited version (if there is one) of the women thown in the dumpster scene.

Well...

Good luck to all of you, Americans.

Vannormal said:

Trump surely wants to fuck this deal up, so he can control and bully independent media via another bid.

Purple Rain and Trump?... maybe he's gonna put the unedited version (if there is one) of the women thown in the dumpster scene.

Well...

Good luck to all of you, Americans.

Trump doesn't have 108 billions, which is the current Paramount bid.

Like, by FAR: https://en.wikipedia.org/...ne%202025.

databank said:

Vannormal said:

Trump surely wants to fuck this deal up, so he can control and bully independent media via another bid.

Purple Rain and Trump?... maybe he's gonna put the unedited version (if there is one) of the women thown in the dumpster scene.

Well...

Good luck to all of you, Americans.

Trump doesn't have 108 billions, which is the current Paramount bid.

Like, by FAR: https://en.wikipedia.org/...ne%202025.

Trump's son-in-law is part of that Paramount bid, so they can control CNN.

happyshopper said:

databank said:

Trump doesn't have 108 billions, which is the current Paramount bid.

Like, by FAR: https://en.wikipedia.org/...ne%202025.

Trump's son-in-law is part of that Paramount bid, so they can control CNN.

I see. I wasn't aware of that.

.

Well, I guess either way those mergers rarely are good news.

.

How much was the Prince Estate valued for some years back? Wasn't it something like 200 millions?

databank said:

Vannormal said:

Trump surely wants to fuck this deal up, so he can control and bully independent media via another bid.

Purple Rain and Trump?... maybe he's gonna put the unedited version (if there is one) of the women thown in the dumpster scene.

Well...

Good luck to all of you, Americans.

Trump doesn't have 108 billions, which is the current Paramount bid.

Like, by FAR: https://en.wikipedia.org/...ne%202025.

Bye Bye Purple Rain, and probably also that musical Purple Rain... who knows... Orange Rain?

Spicer and MakeMillions are already shitting their dipers.

Don't think that Paramount has the money all by itself.

So probably by putting pressure on some banks or other companies for example, to be forced to step into a deal in a refined dictatorial way (as the whle world is familiar with by now) will cut off everyone's throat who's not in favor of ol' Sleepy Orange.

Vannormal said:

databank said:

Trump doesn't have 108 billions, which is the current Paramount bid.

Like, by FAR: https://en.wikipedia.org/...ne%202025.

Bye Bye Purple Rain, and probably also that musical Purple Rain... who knows... Orange Rain?

Spicer and MakeMillions are already shitting their dipers.

Guys seriously, I think y'all are overinterpreting things, or perhaps giving PR more importance than it has in the grand scheme of things.

PR is a relatively insignificant film in the WB library, which includes many waaay more important assets, both economically and culturally. Whether Netflix or Paramount gets the deal, PR will be dumped on whichever streaming and VOD service(s) the rest of the WB catalogue will end-up on, same with UTCM and GB, and that'll be it.

And if the Estate wants to keep doing a bloody musical, I assume they may need a deal with WB for the script rights if they keep the same story, but I fail to see why a change of owners would affect this.

Seriously, nobody gives a fuck about this movie anymore except for us

databank said:

Whether Netflix or Paramount gets WB, I doubt this will have any consequences whatsoever on the Estate's business and business decisions, particularly since Warner Records is a separate entity. When it comes to consequences on the film industry, the consensus in the movie press seems to be that Paramount would be a much better outcome.

The consensus seems to be that if Netflix gets WB it will kill the theatrical industry, and greatly diminish the physical media industry. Theaters will not go away entirely, they will just be for a niche audience. The dvd/bluray/4k industry is already niche, but WB has been one of the largest players keeping it alive, they release almost everything on physical media. Netflix hates physical as much as theatrical, they want you to watch everything by subscription. Paramount is still a player in both theatrical and physical media. If they acquire WB the odds of both industries limping along a little longer goes way up.

That said, all this consolidation is bad for entertainment no matter who gets it. The fewer companies running things, the less variety we get. The gatekeeping is much harder to overcome.

djThunderfunk said:

databank said:

Whether Netflix or Paramount gets WB, I doubt this will have any consequences whatsoever on the Estate's business and business decisions, particularly since Warner Records is a separate entity. When it comes to consequences on the film industry, the consensus in the movie press seems to be that Paramount would be a much better outcome.

The consensus seems to be that if Netflix gets WB it will kill the theatrical industry, and greatly diminish the physical media industry. Theaters will not go away entirely, they will just be for a niche audience. The dvd/bluray/4k industry is already niche, but WB has been one of the largest players keeping it alive, they release almost everything on physical media. Netflix hates physical as much as theatrical, they want you to watch everything by subscription. Paramount is still a player in both theatrical and physical media. If they acquire WB the odds of both industries limping along a little longer goes way up.

That said, all this consolidation is bad for entertainment no matter who gets it. The fewer companies running things, the less variety we get. The gatekeeping is much harder to overcome.

Thanks heavens for A24 and Neon...

databank said:

Vannormal said:

Bye Bye Purple Rain, and probably also that musical Purple Rain... who knows... Orange Rain?

Spicer and MakeMillions are already shitting their dipers.

Guys seriously, I think y'all are overinterpreting things, or perhaps giving PR more importance than it has in the grand scheme of things.

PR is a relatively insignificant film in the WB library, which includes many waaay more important assets, both economically and culturally. Whether Netflix or Paramount gets the deal, PR will be dumped on whichever streaming and VOD service(s) the rest of the WB catalogue will end-up on, same with UTCM and GB, and that'll be it.

And if the Estate wants to keep doing a bloody musical, I assume they may need a deal with WB for the script rights if they keep the same story, but I fail to see why a change of owners would affect this.

Seriously, nobody gives a fuck about this movie anymore except for us

Why so serious.
Read my ironic tongue-in-cheek messages.
I just wanted to find a way to not make this topic even more political (which I actually like as a proud European), so I can (mis)use this Prince topic.
Of course, PR is unimportant in film history. Everyone knows that. So no worries.
People will hate me for this, but I hope that musical dies a quiet death soon, so that Spicer and MakeMillions are forced to sell The Estate to someone with a heart... which I doubt will ever happen.
I'm a dreamer.

But, in the end, it's all about money. Right?
So we fans are always fucked, one way or the other.
It's all the fault of that skinny motherfucker with no will.
So, dear Databank, once again, don't take all this too seriously.