← All notes

13 February 2026 · Elizabeth Peyton-Jones

Christopher Nolan speaks out about the Netflix & Warner Bros. deal

When there are fewer buyers and fewer decision makers, who absorbs the risk when something breaks?

Christopher Nolan does not often talk about how the industry works until something big is changing.

So it is notable that his recent remarks were not really about Odyssey at all.

Nolan, who is the president of the Directors Guild of America, talked about his worries about what happens when creative ecosystems merge, especially in light of the proposed Netflix purchase of Warner Bros. Discovery.

What stood out was not resistance for the sake of opposing.

It was the concentration on structure.

Fewer studios does not just mean fewer logos.

It means there are fewer places to make decisions.

There are fewer ways to get things done.

Less redundancy when one model stops working.

Nolan talked about public promises, like promises made in theatre, but he also pointed out the gap between what people say and what actually happens. When ownership changes, so do priorities. A lot of the time, quietly. Most of the time, slowly.

This is not a longing for an old version of Hollywood.

It is an issue of how strong the system is when power is concentrated.

When there are fewer purchasers who own more IP, who takes the pressure?

How do jobs stay stable when it is easy to cut back on production?

And how soon does the industry recognise these changes?

When creative leaders talk less about content and more about infrastructure, it is usually a sign that something bigger is going on.

Not flavour. Not formats. But the conditions under which work gets made at all.

Keep reading

Related posts.