Former Amazon Studios Head Reportedly Has Warning On Netflix-WBD Deal: 'Hollywood Will Become A System That Circles A Single Sun' - Netflix (NASDAQ:NFLX)

Roy Price, the former head of Amazon Studios and the chief executive of the studio International Art Machine, on Saturday warned that the Netflix Inc. (NASDAQ:NFLX) and Warner Bros. Discovery Inc. (NASDAQ:WBD) deal could have dire consequences for Hollywood.Reshaping HollywoodIn an opinion piece for The New York Times, Price warned that the acquisition of Warner Bros. by Netflix could significantly alter Hollywood’s landscape. The deal might not end filmmaking but could centralize the industry around Netfli ...