Top analyst says Netflix's $72 billion bet on Warner Bros. isn't about the ‘Death of Hollywood' at all. It's really about Google [Fortune]
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Source: Fortune
shows, according to a top Wall Street analyst, who said in an interview with Fortune the deal cannot be understood without looking at Google's technology ambitions. Recommended Video Amid cries from the jilted Ellison family about a “tainted” sale process and indie producers and theater owners of the “ death of Hollywood ,” Melissa Otto, Head of Research at S&P Global Visible Alpha, sees a different game being played. Otto said she thinks the tech angle of the industry is being overlooked. “I think there's this much bigger conversation that is being missed,” she said: Google and its TPU chips. A key question for the future of entertainment, Otto told Fortune , is control over premium video at massive scale in an era when generative AI will increasingly create, remix, and personalize moving images.? (Otto called it the “video corpus” that will train and power the next generation of AI models.)? Over the long term, Otto added, that is a key part of the mystery behind why Netflix
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