Netflix intends to purchase Warner Bros. for $72 billion. The deal would give the world’s largest streamer ownership of a 102-year-old archive including Hollywood’s most legendary film and television IP—from Casablanca to The Color Purple. The monumental sale arrives at a time of extreme economic headwinds and unprecedented job losses in the entertainment industry.

This isn’t just a historic transaction. It powers a broader global trend toward massive consolidation in media.

But beneath the headlines is a more urgent question: What does the world’s most powerful streamer combined with the most storied studio mean for Black creatives, Black culture, and Black economic power inside Hollywood?

Here’s my forecast.

1. A shrinking seat at the table

Clearing redundancies and restructuring ar

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