> But the focus on the streaming wars misses a bigger storyline. Netflix and Paramount are battling for more than Warner Bros. For all the billions lavished by studios on new films and tv shows in recent years, audiences are spending ever more time watching stuff made outside Hollywood, often by amateurs
They do miss the forest for the trees, but their observations about the trees are not wrong. The debate over who gets warner bros is all about who gets to dismember it for streaming content, not the continuation of theatrical distribution.