For anyone who has been following the soap opera unfolding between Netflix and Paramount Skydance over the past few months in their financial brinksmanship to acquire Warner Bros. Discovery, the saga may be nearing its end. Today, WBD said its board of directors have determined that the latest offer from Paramount Skydance amounted to the better proposal. The media outfit gave Netflix four business days to match Paramount's terms, but the streamer didn't waste any time in declining to raise its own bid.
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Web streams was an ambitious project that brought streaming to the web platform when nothing else existed. The people who designed it made reasonable choices given the constraints of 2014 – before async iteration, before years of production experience revealed the edge cases.