Comment Re:There are 5 former Warner employees... (Score 1) 73
I wonder if any of them advocated for this sale internally because they would seem to be a massive conflict of interest
...or if they knew about the acquisition pitch before it was public knowledge and used that insider knowledge to buy even more Warner stock...(or if they get insider information that the sale isn't going through, and then sell their Warner stock before that news drops...)
IIRC, from when I did my MBA, people who belong on the board of companies, as well as all the C-suite and some levels below have to inform with months in advance when they are going to buy or sell stock on the companies on whose boards they sit, or where they work.
If both of you still want to believe in a cospiracy theory, a more plausble one is that they either bought stock through a front-person, or advised some people close to them to "buy warner stock", or somesuch.
In the end, netflix needs warner more than paramount or Comcast does as:
Netflix does not have a BIG movie studio with DECADES of experience (and decades of back catalogue), paramount has, well, paramount, and comcast has universal.
Netflix does not have a BIG TV production studiowith DECADES of experience (and decades of back catalogue), while paramount has CBS productions and Comcast has NBC productions.
Netflix does not have a plethora of open TV and cable channels where to sydicate content, while Comcas and paramount do...
That extra need demands an extra premium.