The entertainment world is still reeling from the news that Paramount has swooped in and purchased Warner Bros. Pictures, effectively ending Netflix’s bid for the legacy studios. Obviously, there are a lot of questions on Hollywood’s mind, including the potential job cuts and contraction that comes with yet another mega-merger. There’s also the question of what the entertainment landscape will look like if this merger goes through, particularly given that HBO Max and Paramount would be under the same umbrella. Similar questions were raised when the Netflix/Warner Bros. merger seemed like a done deal, but HBO Max has a few advantages working in its favor.
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