Netflix’s Conquest of Hollywood is Complete

Now on the precipice of success, Sarandos is threatening to create one of the most damaging media conglomerates in the history of motion picture entertainment. The result will be more layoffs in Hollywood, fewer and lower-quality movies in theaters around the world, and at higher prices. The deal, which is motivated first and foremost by greed—Zaslav stands to earn $567 million from the sale, potentially making him a billionaire—should not just be blocked. Both companies should be broken up for parts, their streaming platforms spun off. The fact that the merger has even been agreed upon proves that a much deeper, more sinister takeover has already been completed: The studios are willingly charting a different future for entertainment.