HBO May Finally Get to Be Itself Under Netflix—Without Performing Brand 'Gymnastics'
For decades, HBO has been the gold standard of prestige television. But in recent years, the network has started chasing blockbuster appeal with flashy, franchise-heavy titles like Dune: Prophecy, It: Welcome to Derry, and upcoming hits including Lanterns and Harry Potter. The shift hinted at an identity stretch—an attempt to fit into the broader category of general entertainment.
But here's where it gets intriguing: under Netflix’s potential ownership, HBO might be allowed to stop bending over backward to prove it can do everything. At the UBS Global Media and Communications Conference, Netflix co-CEO Ted Sarandos made waves by saying HBO wouldn’t need to do “gymnastics” anymore to look like a mass entertainment brand. “HBO is already a prestige television brand that audiences love,” he remarked. “Under this deal, they can focus purely on that. We’re already a general entertainment platform—HBO doesn’t need to imitate us.”
Sarandos emphasized that the partnership makes perfect business sense: “Their assets fit beautifully into our model, and our model enhances their strengths.” Translation? Netflix sees more value in HBO staying elite and focused, while Netflix itself keeps catering to broader audiences.
Co-CEO Greg Peters echoed this sentiment, calling HBO “an incredible brand with an incredible history that defines prestige television.” His words make it clear—Netflix wants HBO to double down on the kind of sophisticated storytelling it’s known for, rather than sprawling into territory that already belongs to other streamers.
So what might this future look like? Under Netflix’s guidance, HBO could home in on projects that embody its creative DNA: acclaimed dramas such as True Detective, The White Lotus, and the Game of Thrones spin-offs (House of the Dragon, A Knight of the Seven Kingdoms), along with sharp comedies like The Rehearsal, The Chair Company, and I Love LA. Meanwhile, Netflix is expected to handle the bigger, franchise-driven fare from DC Studios and other large-scale IP-based series.
And this is the part most people miss: Netflix is reportedly facing a rival bid from Paramount for Warner Bros. Discovery’s assets. Even so, Netflix has confirmed that HBO Max will stick around post-acquisition—though it’s keeping quiet about what exactly that platform will look like under the new regime.
Controversial take: some analysts argue that HBO’s renewed focus on prestige could narrow its audience just as television tastes are diversifying. Others believe it’s precisely this specialization that will protect HBO’s identity and long-term value.
Which side do you fall on? Should HBO stay proudly niche and elite, or is the era of prestige-only television too limiting for a global audience? Share your thoughts in the comments—this debate is far from over.