u/3facesofBre

Hey everyone! I'm u/3facesofBre, a moderator of r/streamingwars.
This is our home for all things related to Streaming Wars, designed by founder u/ThelngloriousBIG. We're excited to have you join us!

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Post anything that you think the community would find interesting, helpful, or inspiring. Feel free to share your thoughts, photos, or questions about the streaming wars, as well as the battle with cable/legacy programming.

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We discussed this on our video! Thanks FF, for brining up the conference!
I am excited about this

Bill Ackman is betting on Netflix again, returning to a stock he abruptly exited about four years ago after a sharp decline in the streaming giant’s shares.

Ackman’s Pershing Square Capital Management disclosed a new position in Netflix in its semiannual report, saying the dominant streaming platform has emerged from the industry’s costly battle for subscribers with a leading market position, stronger profit margins and a valuation that has become increasingly attractive after a steep sell-off.

“We acquired a position in Netflix, a business we briefly owned in 2022 and have followed closely ever since,” Pershing Square said in the report.

Netflix shares jumped nearly 4% on Thursday following the disclosure.

The investment marks a notable return for Ackman, who built a large Netflix position in early 2022 only to sell the entire stake about three months later after the company reported its first subscriber decline in more than a decade. Netflix shares plunged on the news, and Ackman said at the time that changes to the company’s business model made it too difficult to predict its future prospects with sufficient certainty.

Pershing now said Netflix has “effectively won the streaming wars,” pointing to its more than 325 million subscribers, nearly twice the combined base of Disney+ and HBO Max. Pershing said that scale allows Netflix to spend heavily on programming while spreading those costs across a much larger audience than its rivals.

Ackman is buying after a much steeper reset in valuation. Netflix shares have fallen roughly 50% from their June 2025 high of $134, cutting the stock’s valuation to about 21 times forward earnings from more than 40 times, Pershing said.

Will parks be a future area of spinoff? Should the target audience be different for Universal? Will the boost in theatricals have a similar impact on parks?

Oracle, aka Larry Ellison, and the bankroller of son David (the one who bought his way into owning Hollywood prestige), has been downgraded to close to the level PSKY itself is (below junk). Considering this is the funding behind David Ellisons WBD takeover (along with the SWFs), I think the original Paramount shareholders filing derivative suit may have a shot here.
The concern being that PsKy will buckle with the WBD purchase, and they will lose all value in their stock, in part to over leverage, and secondly due to blatant corruption by Ellison.
Just one more way this house of cards could crumble?

Announcement: Upcoming AMA with Rick Ellis (Forbes Media Analyst) — This Saturday, July 18th @ 6 PM CDT!Hi everyone!We are thrilled to announce that Rick Ellis, prominent media journalist, analyst, and Forbes Contributor, will be joining us for an exclusive AMA right here on r/MediaMergers!

About Our Guest: Rick Ellis
Rick is a veteran news journalist, award-winning investigator, and the founder of AllYourScreens. He currently covers the global media business and the rapidly shifting streaming landscape for Forbes. Having spent significant time as a financial reporter, Rick brings a rare "numbers-first" perspective to the entertainment industry.

He recently published major pieces on Netflix's shifting engagement metrics, challenging mainstream narratives and presenting unique theses on the streamer's long-term future.

What We Are Talking About:
Rick is ready to dive deep into the financial realities and political undercurrents of the industry.
Bring your questions on:
The Streaming Giant: Netflix’s future trajectory, market positioning, and what the mainstream media gets wrong about their strategy.

The Mega-Mergers: Inside tracking on the ongoing Paramount and Warner Bros. Discovery (WBD) merger saga.

Corporate Shakeups: The financial breakdown of the recent Comcast split and its domino effects.
Global Moves: Compelling European media mergers, acquisitions, and regulatory shifts.

The Advertising Shift: The changing landscape of the media ad business and how legacy brands are adapting.

Event Details & How to ParticipateLive AMA Time: Saturday, July 18th at 6:00 PM CDT.
Submit Questions NOW: Do not wait until Saturday! Drop your questions in the comments below immediately.

Upvote for Visibility: Read through the thread and upvote the questions you most want answered so Rick can prioritize the community's top choices.

Rick will log in live this Saturday to answer your questions and break down the numbers behind the headlines! (Please provide thoughtful questions, and not items that can be looked up on Google, or your newest edition of Variety!)

*lets avoid the politics, as much as possible*

LIOnsgate soars

When it comes to weekly news cycles, Netflix has just had a particularly bad one.

It began when Bloomberg’s Lucas Shaw wrote a piece arguing that Netflix’s subscriber engagement seems to decreasing, and that a number of shows recently returned for a second season to rapidly declining viewing numbers……

Read on: calling out Lucas Shaw. Who coincidentally wrote another piece this evening on the same token.

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