Netflix has the distribution already, it doesn't need legacy IP. Paramount is betting that combining DC, Harry Potter, GoT, Top Gun, and Star Trek under one roof creates enough gravity to survive. Maybe, but aggregators tend to win online and content suppliers compete each other down to cost.

I covered the competing bids when this was still an open question: https://philippdubach.com/posts/not-logan-roy-netflix-vs.-pa...

This is such a strange deal, and I can't tell if they're really smarter than I think they are, but I can't imagine trying to run any kind of right-leaning entertainment company having Taylor Sheridan, acknowledging that you have Taylor Sheridan by calling him a "singular genius and content creator" and then driving him away months later because you keep meddling in his creative work.

If I was trying to turn Paramount into a like right-leaning culture war friendly entertainment company, I would have given Taylor Sheridan whatever he wanted, and changed the name to "Paramount, brought to you by Taylor Sheridan".

I remember when this first started, I thought to myself, how are you going to bring back 80's style American jingoism with only one director doing it, then I find out it was worse then that, because they drove that one director away.

Netflix: I’ll own you both soon