The combined cost of all major streaming services now exceeds the price of a traditional cable television package.

The proposed sale of Warner Brothers assets to Netflix excludes its linear TV networks, such as CNN, TNT, TBS, and Discovery.

Paramount, controlled by Larry and David Ellison, launched a hostile takeover bid for Warner Brothers after the company announced its deal with Netflix.

Netflix has the lowest churn rate among all major streaming services by a significant margin.

Warner Brothers has agreed to sell its film and TV studio, its streaming service, and the HBO business to Netflix.

Lucas Shaw believes Netflix is a better-run company than Paramount and would be a better steward of Warner Brothers' assets.