Everyone is talking about how Netflix is acquiring Warner Bros, and what it means not just for the businesses of Hollywood but the creatives who make it run.This is obviously a seismic shift in the way Hollywood functions. It's a major win for streamers, and it will undoubtedly change the way all of entertainment moves in the future.And yet there's still a chance it doesn't happen, as the DOJ under the Trump administration has already wondered if Netflix has a monopoly.The issues are all very complicated, and the ramifications for theatrical exhibitors and filmmakers will be vast.Let's dive in. 'Squid Game' Netflix What Does this Mean For Established Filmmakers? Netflix's acquisition of Warner Bros may take around 18 months to finalize, and in that time, we're going to learn more about the strategy at hand.All we can do is theorize how this will turn out.So what does it all mean for the filmmakers working in movies and TV right now?Well, the answer is kind of complicated.We really need to see what happens when the acquisition happens, who gets laid off, and what the strategies wind up being moving forward. But let's dig into some generic worries that we have been battling now for years.Fewer Buyers in Hollywood (Consolidation)This merger further consolidates power into one massive entity. For filmmakers, this means one less major studio/streamer to pitch a project to or convince to buy your stuff.With fewer major buyers competing for a project, the leverage for filmmakers—especially those without A-list status—to...
Published By: NoFilmSchool - Today