Netflix’s class=”link ” href=”https://www.engadget.com/entertainment/netflix-to-buy-warner-bros-for-827-billion-120836295.html” data-i13n=”cpos:1;pos:1″ data-ylk=”slk:$82.7 billion acquisition of Warner Bros.;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas”>$82.7 billion acquisition of Warner Bros. is, in many ways, the last thing a weakened Hollywood needs right now. The industry is still recovering from the COVID-19 pandemic, where theaters were forced to close and audiences became even more comfortable with class=”link ” href=”https://www.engadget.com/every-2021-warner-bros-film-will-simulcast-on-hbo-max-and-in-theaters-184336206.html” data-i13n=”cpos:2;pos:1″ data-ylk=”slk:streaming films at home;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas”>streaming films at home. The WGA and SAG-AFTRA strikes in 2023, which were driven by class=”link ” href=”https://www.engadget.com/the-wga-strike-ends-with-protections-against-ai-set-in-place-050019363.html” data-i13n=”cpos:3;pos:1″ data-ylk=”slk:legitimate concerns around studio interest in generative AI;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas”>legitimate concerns around studio interest in generative AI, delayed production and promotion of many film and TV projects. And the rise of streaming…
