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Netflix to Acquire Warner Bros. In an $82.7B Deal

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros
195•meetpateltech•49m ago•95 comments

UniFi 5G

https://blog.ui.com/article/introducing-unifi-5g
150•janandonly•6h ago•109 comments

Netflix’s AV1 Journey: From Android to TVs and Beyond

https://netflixtechblog.com/av1-now-powering-30-of-netflix-streaming-02f592242d80
411•CharlesW•13h ago•197 comments

Stacked Diffs with git rebase —onto

https://dineshpandiyan.com/blog/stacked-diffs-with-rebase-onto/
55•flexdinesh•4d ago•33 comments

BMW PHEV: Safety fuse replacement is extremely expensive

https://evclinic.eu/2025/12/04/2021-phev-bmw-ibmucp-21f37e-post-crash-recovery-when-eu-engineerin...
293•mikelabatt•12h ago•281 comments

I have been writing a niche history blog for 15 years

https://resobscura.substack.com/p/why-i-have-been-writing-a-niche-history
151•benbreen•18h ago•23 comments

Nimony (Nim 3.0) Design Principles

https://nim-lang.org/araq/nimony.html
21•andsoitis•3d ago•3 comments

Trick users and bypass warnings – Modern SVG Clickjacking attacks

https://lyra.horse/blog/2025/12/svg-clickjacking/
237•spartanatreyu•13h ago•36 comments

After 40 years of adventure games, Ron Gilbert pivots to outrunning Death

https://arstechnica.com/gaming/2025/12/after-40-years-of-adventure-games-ron-gilbert-pivots-to-ou...
116•mikhael•3d ago•39 comments

Show HN: Tacopy – Tail Call Optimization for Python

https://github.com/raaidrt/tacopy
47•raaid-rt•5d ago•22 comments

Sugars, Gum, Stardust Found in NASA's Asteroid Bennu Samples

https://www.nasa.gov/missions/osiris-rex/sugars-gum-stardust-found-in-nasas-asteroid-bennu-samples/
17•jnord•57m ago•4 comments

Kenyan court declares law banning seed sharing unconstitutional

https://apnews.com/article/kenya-seed-sharing-law-ruling-ad4df5a364299b3a9f8515c0f52d5f80
78•thunderbong•4h ago•13 comments

Transparent leadership beats servant leadership

https://entropicthoughts.com/transparent-leadership-beats-servant-leadership
462•ibobev•23h ago•207 comments

How elites could shape mass preferences as AI reduces persuasion costs

https://arxiv.org/abs/2512.04047
601•50kIters•1d ago•557 comments

CSS now has an if() conditional function

https://caniuse.com/?search=if
183•aanthonymax•5d ago•117 comments

NeurIPS 2025 Best Paper Awards

https://blog.neurips.cc/2025/11/26/announcing-the-neurips-2025-best-paper-awards/
130•ivansavz•11h ago•18 comments

Multivox: Volumetric Display

https://github.com/AncientJames/multivox
290•jk_tech•20h ago•40 comments

At IT School with Apple Lisa

https://blisscast.wordpress.com/2024/06/04/apple-lisa-gui-wonderland-3/
33•fabiojava•1w ago•7 comments

StardustOS: Library operating system for building light-weight Unikernels

https://github.com/StardustOS
90•transpute•14h ago•6 comments

CUDA-l2: Surpassing cuBLAS performance for matrix multiplication through RL

https://github.com/deepreinforce-ai/CUDA-L2
119•dzign•16h ago•13 comments

The US polluters that are rewriting the EU's human rights and climate law

https://www.somo.nl/the-secretive-cabal-of-us-polluters-that-is-rewriting-the-eus-human-rights-an...
321•saubeidl•3h ago•172 comments

Show HN: I was reintroduced to computers: Raspberry Pi

https://airoboticist.blog/2025/12/01/i-was-reintroduced-to-computers-raspberry-pi/
47•observer2022•3d ago•12 comments

Fighting the age-gated internet

https://www.wired.com/story/age-verification-is-sweeping-the-us-activists-are-fighting-back/
239•geox•23h ago•214 comments

Why are 38 percent of Stanford students saying they're disabled?

https://reason.com/2025/12/04/why-are-38-percent-of-stanford-students-saying-theyre-disabled/
667•delichon•19h ago•883 comments

What's the deal with Euler's identity?

https://lcamtuf.substack.com/p/whats-the-deal-with-eulers-identity
32•surprisetalk•5d ago•33 comments

I ignore the spotlight as a staff engineer

https://lalitm.com/software-engineering-outside-the-spotlight/
496•todsacerdoti•1d ago•225 comments

Fast trigram based code search

https://github.com/sourcegraph/zoekt
38•cv_h•9h ago•4 comments

Thoughts on Go vs. Rust vs. Zig

https://sinclairtarget.com/blog/2025/08/thoughts-on-go-vs.-rust-vs.-zig/
373•yurivish•15h ago•442 comments

Blogging in 2025: Screaming into the Void

https://askmike.org/articles/blogging-in-2025-screaming-into-the-void/
62•askmike•10h ago•49 comments

Why we can’t quit Excel

https://www.bloomberg.com/features/2025-microsoft-excel-ai-software/
17•thm•2h ago•27 comments
Open in hackernews

Netflix to Acquire Warner Bros. In an $82.7B Deal

https://about.netflix.com/en/news/netflix-to-acquire-warner-bros
195•meetpateltech•49m ago

Comments

GaryBluto•42m ago
I wonder if an antitrust suit will be filed, this seems like a pretty significant acquisition.
embedding-shape•40m ago
Considering the words they're using across the announcement, it seems they're well aware what this will trigger, everything seems carefully chosen so someone can later point at this announcement and say "See, we think this will add MORE user choice, not less, which is good for competition!".
tehwebguy•36m ago
Every major merger announcement includes this obvious lie.
utucuro•34m ago
It is not a lie though. WB content is not globally available, Netflix content is. I for one, welcome access to stuff that WB has been sitting on without letting me pay them for it.
izacus•31m ago
You keep posting this without any idea whether Netflix will relicense anything at all or if you're going to get the movies you want.

It's just copium fueled corporate bootlicking at this point.

gabrielgio•25m ago
It is a lie. You are holding on a possible short time gain while ignoring history proven long-term harm of reduced competition, which will lead to higher prices, less innovation, and fewer choices for consumers.

USA anti-trust process is a joke, it is shame that so many company with global footprint relies on that.

embedding-shape•9m ago
> WB content is not globally available, Netflix content is.

Neither are "globally available" as "globally" includes countries that are currently under US embargo, and both those companies are US companies who (supposedly) follow US law.

What you're welcoming isn't "I didn't have access before, now I do!" but rather "I could give Company A money to see this, now I can give company B money to see the same!" which I guess you're happy about, but other's obviously see it for what it is, no practical change except for shareholders.

this_user•28m ago
With the current administration, anything can be legal.

Besides, they still have plans to spin off the cable networks, so this would mostly concern the streaming assets, movie studio, and the IP.

matt_s•21m ago
How is this any bigger than Disney and all the media channels they own?
ceejayoz•15m ago
It isn’t. They should have been stopped, too.
haritha-j•42m ago
Where's Brendan Carr when you need him?
auggierose•41m ago
Didn't they just buy HBO? Nice shopping spree!
daveoc64•37m ago
HBO is part of Warner Bros.
mathgeek•11m ago
Love the difference in the two connotations here that leads to the confusion. "Netflix just bought HBO (a moment ago)" vs "Netflix just bought HBO (previously)".
embedding-shape•41m ago
> Combination Will Offer More Choice and Greater Value for Consumers, Create More Opportunities for the Creative Community and Generate Shareholder Value

No doubt about the last part, but how does merging two giants create "More Choice"? I know corporate double-speak is already out of control and I know they're writing whatever they can do avoid regulators who surely are looking into the acquisition, but surely these executives cannot believe acquisitions lead to more choice, right?

Shaanie•39m ago
More choice as in more content available to choose from on Netflix?
embedding-shape•38m ago
So when they say "Consumers", it should really have been "Netflix Customers", as for everyone else there is less choice, only already paying Netflix users get more content.
nottorp•37m ago
Already paying Netflix users will get to either agree with a price increase or leave :)

After all, there is more "content" now.

weird-eye-issue•33m ago
I'd really prefer better quality over quantity. Everything just feels like slop now and I find myself mostly only enjoying older movies. I find it's incredibly rare when I can actually find something half decent that's new on Netflix.

Edit: Btw I find Max is like a better quality version of Netflix. But after a while I have the same problem there too. I find myself just watching something on YouTube instead most times

lynx97•21m ago
I cancelled my NetFlix subscription already, what, 7 years ago, for that reason... However, it is not just NetFlix. Most newish movies don't do anything for me. I prefer a movie from the 90s (or even earlier) over almost anything produced in the last 5 to 10 years. It is likely a generational thing, and a case of old man yelling at clouds. If studios think effects are more important then the actual story, well then, so be it.
nottorp•6m ago
May be that our tolerance for samey bullshit reduces with age. After all, we’ve seen it all before. The movie industry isn’t that imaginative.

Also, survivor bias. You have to go out of the way to find mentions of crap 3rd rate old movies. We only remember the good ones.

loloquwowndueo•33m ago
There’s even more content on “gentlemen of fortune”-type sites. Just saying.
nottorp•28m ago
That’s their competition. I wonder if they realize it.

> I find it's incredibly rare when I can actually find something half decent that's new on Netflix.

There was recently some link on HN about Netflix and using “AI” for “content creation”.

Not that Netflix scripts didn’t sound like an “AI” wrote them even before “AI”.

swiftcoder•29m ago
... don't paying Netflix customers already have access to the whole HBO back-catalogue?
redeux•25m ago
As a Netflix subscriber, that would be news to me.
Vespasian•18m ago
Not here (Germany).

HBO isn't available at all on it's own. It's exclusively sublicensed (until the end of this year) to Sky which has a terrible terrible user experience and of course is another subscription.

Two days ago there was an announcement that HBO Max is to start in Germany in January. Let's see how that develops after the acquisition.

ulrikrasmussen•29m ago
Maybe they mean more content will be produced, which I believe. But I'd also argue that we really don't need more content on Netflix, we need higher quality. Netflix is drowning in a sea of mediocrity to the point where I have almost given up on investing in a new show because almost all of them reek of lazy writing and good-enough-but-not-outstanding direction. There are exceptions, but they are damn hard to find.
imglorp•15m ago
I think it will.

Now they don't have to go negotiate for every WB content item. As it stands, subscribers might or might not get WB things, same as all the other IP holders that are playing hard to get. Otherwise, they might have to contract some seasons of a show from one holder and some from another, and maybe not at all sometimes.

marcusb•7m ago
More choice as in “more revenue streams from which to create shareholder value.”
utucuro•35m ago
I guess you are in the US. For you, WB content was already available. But you see, they never bothered to make that content available for most of the rest of the world. Netflix, on the other hand, is available most anywhere. This is exactly what it says on the can - more choice and greater value for me.
jayveeone•29m ago
Your Netflix bill is about to skyrocket and there's no guarantee you'll have access to those titles.
znpy•16m ago
I always smile at these situations. Yahrrr!
xbmcuser•11m ago
Yeah what I was thinking was ah higher quality low bitrate content. Will need to set the apps to auto update some stuff.
whizzter•15m ago
Well if I can cancel my HBO Max it will probably be a zero-sum thing (all the crappy "discovery" content they tacked on was just annoying and I have little interest in their "sports" offerings)
windexh8er•1m ago
The unfortunate reality is that HBO may have less content but there's also less garbage. I'm constantly blown away by how mediocre everything on Netflix is. I only have it because it's bundled into myobile bill at a legacy discount which makes it only a few dollars a month. I wouldn't pay full price for Netflix now and I will likely remove it altogether if they do another price hike that adds a few more dollars beyond my current discount (~70%).
bayindirh•19m ago
What's written on the can reads "please don't sue us, we're not a monopoly, and we will not gouge users".

On the other hand Netflix will make its subscribers fund everything without reducing their income, and will not give these subscribers at least half of that content, because, why not?

YcYc10•15m ago
But Netflix content breadth and quality varies a lot from country to country. There's not one Netflix.
troupo•13m ago
Netflix buying WB doesn't mean that licensing immediately becomes available worldwide.

Netflix can provide its own content everywhere around the globe because they are the sole owner of it. The distribution rights to WB properties outside of the US will belong to completely different legal entities (even if those entities have WB in them).

embedding-shape•8m ago
> I guess you are in the US.

I am not, and WB was available via local options here (Southern European country).

For me who isn't a Netflix customer (the group which is larger than the group of people who have Netflix, obviously), the choice gets less.

And obviously anti-trust regulation doesn't care about the amount of choices for Netflix customers specifically, it cares about amount of choices for consumers at large, which will decrease with this change.

ostacke•34m ago
Adding Warner Bros. catalog will naturally lead to more titles to choose from for Netflix users. The choice of streaming services will be slimmer though. It will be interesting to see how regulators see it.
jbs789•26m ago
I think that wording is targeted at anti-trust regulators.
nelox•18m ago
More choice for users of Netflix
windexh8er•4m ago
That is, maybe, until they gate keep the WB content beyond additional premiums.
michaelcampbell•11m ago
> No doubt about the last part, but how does merging two giants create "More Choice"?

This is performative marketing for the regulators to allow the merger. No one (including the regulators) believes this, and it won't come to pass. ("More choice" won't, I mean, the merger will and a lot of regulators and politicians involved will end up with new cars, boats, and kids' college tuitions paid.)

rohankhameshra•41m ago
Interesting, that will bring a big production house capabilities within Netflix itself
jmkd•19m ago
Netflix is already the sole client of a huge studio outside Madrid.
ThatMedicIsASpy•40m ago
So they can raise the prices again in a few months?
jamesbelchamber•40m ago
Buy those blu-rays while you still can (:
Ateoto•36m ago
Yeah, as a physical media collector, this is pretty devastating.
sph•22m ago
Plenty of blu-rays thrive in the high seas.
lurk2•40m ago
This wasn’t on my radar at all. Was this kept quiet or did I just not hear about it?
Macha•26m ago
It's been talked about for like a month now
doublet00th•39m ago
Does anyone who's participated in M&A know how they come up with a breakup fee? I believe this one is $5 Billion (per Bloomberg), and Adobe <-> Figma was $1 Billion.

Interested to understand the modeling that goes into it.

brk•17m ago
Based on some experience, it's like a bond to appear in court. The number is mostly an arbitrary calculation designed to discourage you from not following through.
nutjob2•10m ago
Like everything else it's just a negotiated figure. Arguments to and fro would include the likelihood of breakup (such as regulatory risk, unforeseen events), how disruptive the whole process is and also simply how desperate the buyer or seller is.

There's no modeling, it's a punishment or incentive. The intention is to inflict financial pain.

wigster•38m ago
$82.7BILLION

no wonder my subscription keeps going up

thebruce87m•34m ago
I wonder when the ads will come. There probably already is a enshittification roadmap that they’re working against.
IceDane•16m ago
Netflix already has a cheap subscription with ads.
AnssiH•16m ago
Netflix added ad-supported plans in 2022.
pcurve•38m ago
Not sure how many of you have WBD shares with its rather tumultuous past (spin off from ATT, the Bill Hwang mess), but if you've picked up shares on the cheap in the past few years sub $10, congratulations.

"Under the terms of the agreement, each WBD shareholder will receive $23.25 in cash and $4.501 in shares of Netflix common stock for each share of WBD common stock outstanding at the closing of the transaction. "

udev4096•37m ago
Couldn't care less, sailing the high sea is peaceful!
jayveeone•26m ago
What a weird thing to say
luc_•35m ago
Too big to fail?
pfdietz•35m ago
Placidly uncaring since long ago I stopped consuming media from either party.
glup•7m ago
Placidly uncaring since long ago as I stopped consuming media full stop.
mdotmertens•34m ago
As someone who has recently begun exploring physical media, I find this quite disappointing. The volume on 4K Blu-Rays is often low, prices are high, and Netflix isn't doing much to support physical media.

When you're just unwinding in front of a 65-inch screen, you might not notice the quality loss from compression. However, if you're actively watching on a 110-inch projector with an excellent sound system, every little detail becomes clear.

And that doesn't even address the most frustrating part: owning less and less.

I mean, no one needs to become a physical distributor, but it's disheartening that we lack consumer-friendly ownership of entertainment media when it comes to movies. I would love to see something like Bandcamp, but specifically for studios to release their movies to.

mrits•23m ago
I can hardly blame a company for not supporting a product almost nobody wants to go back to.
leeoniya•23m ago
> When you're just unwinding in front of a 65-inch screen, you might not notice the quality loss from compression.

this has little to do with the resolution, though. maybe 4k just gets the benefit of being compressed with better codecs.

for me at least, watching shows/movies at typical viewing distance, a well-encoded 4k->1080p mkv is only very slightly less sharp and is vastly smaller to store on the media server.

komali2•17m ago
I'm curious, because I've had an interest in physical media, especially videogames, but what I keep coming back to is, "why would I bother when I can just pirate it?"

What's the attraction to the physical media given the availability of these versions online?

ostacke•32m ago
I wonder what the US administration will demand from Netflix for approving this.
alberth•31m ago
It’s interesting that the stock market has no reaction to this news, after hours.

As of writing this, Netflix is -0.6%

komali2•18m ago
"Priced in" I guess. I mean look at Warner Bros stock, steadily climbing the last couple months until it hit basically exactly the price shareholders will get in exchange for their shares as part of this deal.

Whenever one of my friends says they're thinking about getting into daytrading, all I can think is good luck beating the funds... they either can predict the future or just write it themselves.

ChrisMarshallNY•29m ago
I hope that this means that the Netflix app on AppleTV will finally become a “first class citizen.”

The Netflix app has always been treated badly by Apple. No idea why, but it means that I can’t have Netflix content in the “What’s Next” queue (among other things, like Netflix actors’ work not showing up in show information).

ezfe•24m ago
Oh you think Apple is treating Netflix bad? No no no.

Netflix refuses to play game, because they want to keep their data to themselves. Apple would LOVE Netflix to integrate into the app.

vluft•23m ago
that is _purely_ netflix's decision; they have decided not to integrate. in fact, earlier this year netflix accidentally rolled out their internal version which has full integration with the APIs and then said "oopsie" and removed it again.
mrud•15m ago
This is on Netflix not Apple. They enabled it this by accident and reverted it back https://www.theverge.com/news/613307/netflix-apple-tv-app-su...
srameshc•26m ago
I never imagined that a service that ships DVD via mail would one day buy Warner Brothers. It is amazing how innovation and focus can change the game. Someday a new startup will piggy bank on Netflix and probably buy it later.
djtango•7m ago
More like how did these companies drop the ball so bad. Most notably Sony which produced TVs, Computers, DVD players, Media Centers. They owned a movie studio and record label. They also have in house expertise with cloud content distribution via PlayStation.

Unfortunately for them around the time of Netflix's ascent they were embroiled with all kinds of financial issues but still the mind boggles

pluc•24m ago
Aaah the race to the bottom accelerates.

I haven't been a Netflix user for years, the quality of their stuff went past a level I was no longer comfortable supporting. It became a platform that is designed to keep you watching (literally anything) as opposed to a platform to find interesting/relevant entertainment. So much low quality, low effort content. Wonder which of AI wrong-but-instant answers or Netflix' empty entertainment will contribute more to genpop enshitification.

winstonwinston•9m ago
Exactly. Netflix is doing a total opposite of HBO content. Also HBO has been great at localization for european regions (subs, local content) unlike Netflix which cannot be bothered to even make subtitles for markets they sell to.

IMO,Netflix wants to acquire their main competitor in europe.

kotaKat•24m ago
Oh cool, knock-on price hikes across not just the streaming industry, but all the other industries that decided they needed to bundle streaming subscriptions with their products.

Can't wait to pay even more for my cell bill because they give me "free" Netflix!

razodactyl•23m ago
"Who acquires Warner Bros. Wtf" - comments heard over my shoulder as I mention the title of this post.
phartenfeller•19m ago
I don't like this. Netflix rarely creates excellent content; instead, it frequently produces mediocre or worse content. Will the same happen for Warner? Are cinemas now second behind streaming?
unglaublich•15m ago
Netflix is `while profitable(): make_sequel()` which _always_ ends with shitty content and incomplete stories.
user2722•4m ago
All TV series on Netflix end in S01. Even if they don't, it's a new show with same characters but lousy writing. Looking at

* The CIA laywer who doesn't know about green passport

* FUBAR

* The Diplomat

amrrs•1m ago
Honestly speaking Netflix has good catalog, much more comparable to Hollywood. Take the latest Frankenstein for example.

Don't look at only series. They also have recipes repurposed. But they acquire good titles and also produce some good ones.

I-M-S•18m ago
“The goal is to become HBO faster than HBO can become us.” - Ted Sarandos in 2013

Seems Netflix won that race.

smudgy•16m ago
Teen shows with 30 year olds by the fourth season... so that Steve Buscemi bit in 30 Rock will now be the norm.
chauhankiran•11m ago
I was in one seminar, and someone asked a question about future to Harish Mehta (one of the founder of NASSCOM), and he said that big companies will become bigger for at least next 10 years.
jmkd•10m ago
This deal is an indicator of huge changes in global film & TV production.

Hollywood's struggles amplified after the writer's strike with a perfect storm of issues around unionisation, technology, fragmenting audiences, new formats, asset liabilities and enormous competition to the east.

Now LA soundstages are empty while production centres in Europe, UK, India, China, Nigeria are booming and vast new studios cropping up in the Middle East.

Proposed tariffs will do little to stem this tide as the money has moved on already.

In addition, traditional production methods are unsustainable and decision-making is opaque in an era where sustainability, transparency and democratisation are taking over.

The main benefit to Netflix is of course the IP, but the traditional studio assets of WB have their days numbered.

casenmgreen•9m ago
How the mighty have fallen.
nabla9•4m ago
With this buy Netflix becomes as big as Disney (Disney+Hulu) by market share.

Unwelcome consolidation in the long term.

moogly•4m ago
Definitely not great, but at least that means Ellison won't amass even more media control (for now). That is maybe the silver lining.
thatgerhard•53s ago
I'm excited about getting access to the whole WB catalogue?
legitster•45s ago
WB was another legacy media empire being run by a megalomaniac hell-bent on destroying their legacy.

I wouldn't normally support this kind of move, but unlike the Skydance deal, Netflix is actually a real company that, like, makes use of IPs and publishes back catalogues.

Things like Looney Tunes will now be in the hands of someone who doesn't hate Looney Tunes.