The Full Picture

The Big Picture · Discussion · Review · Interview

The Truth About Netflix Buying Warner Bros. Plus: Snubs and Surprises of the Golden Globe Nominations and Jafar Panahi on ‘It Was Just an Accident.’

December 8, 2025/ 117 min/ Sean Fennessey · Amanda Dobbins

Sean Fennessey and Amanda Dobbins open on the $82.7 billion news that Netflix's bid for Warner Bros. was accepted, and what it does to theatrical windows, physical media, and the studios left standing (Paramount's hostile counter-bid landed an hour before they recorded). Then the Golden Globe nominations, snub by snub. Sean closes with an interview with Jafar Panahi about 'It Was Just an Accident,' recorded before news broke of Panahi's latest one-year prison sentence.

49 films across 4 segments.

AI-generated This episode was transcribed and analyzed with AI models. The matches aren't perfect — expect the occasional misheard title or a link to the wrong film.

Netflix buys Warner Bros.the $82.7B deal, and Paramount's hostile counter-bid

Frankenstein poster

Frankenstein 2025

Cited as the pattern they fear: a short theatrical run, then straight to the service, and the casual viewer learns to wait.

Wake Up Dead Man poster

Wake Up Dead Man 2025

The latest Knives Out, doing the same quick-to-Netflix routine.

Jay Kelly poster

Jay Kelly 2025

Maybe not even getting the theatrical moment, per Amanda.

Sinners poster

Sinners 2025

Ryan Coogler's 25-year ownership stake used as the example of a deal a Netflix-owned WB might not greenlight.

Barbie poster

Barbie 2023

Sean's read on Greta Gerwig: she keeps mining her youth, and that's now steering her toward IP and the big Netflix-scale release.

Lady Bird poster

Lady Bird 2017

Amanda's Gerwig ranking: No. 1, ahead of Little Women and Barbie.

Little Women poster

Little Women 2019

No. 2 on Amanda's Gerwig list, by a smidgen.

Oppenheimer poster

Oppenheimer 2023

Sarandos once claimed it and Barbie would've been just as big straight to streaming, which Amanda calls a crazy thing to say out loud.

Train Dreams poster

Train Dreams 2025

The counter-case: a small film Netflix acquired and put in front of everyone, that would've had a tiny windowed release as a Sony Classics title.

Triple Frontier poster

Triple Frontier 2019

Named as one of the actually-good Netflix originals. The list is shorter than the creative freedom would suggest.

Zootopia 2 poster

Zootopia 2 2025

$900 million in two weekends: the money is still there in theatrical when the concept is big enough.

Top Gun: Maverick poster

Top Gun: Maverick 2022

Skydance's one clear win; they were right to sit on it through the pandemic.

Furiosa: A Mad Max Saga poster

Furiosa: A Mad Max Saga 2024

Sean's post-box-office essay from May 2024, when 'just keep going to movies' was still an easy message to send.

KPop Demon Hunters poster

KPop Demon Hunters 2025

Sony gave it to Netflix; used as shorthand for the smaller studios leaning on streaming-first deals.

A New Leaf poster

A New Leaf 1971

Elaine May's film, newly on 4K via Cinematograph/Vinegar Syndrome and licensed from Paramount. Sean's worry is whether Netflix would ever license out a WB catalog title that way.

Bring It On poster

Bring It On 2000

Amanda's 4K, made by Shout Factory, one of the labels now routing distribution through the WB/Universal-owned SDS.

F1 poster

F1 2025

$11.99 to own on 4K forever, cheaper than a ticket, and the case for physical media as preservation insurance.

The Golden Globe nominationssnubs, surprises, and category fraud

One Battle After Another poster

One Battle After Another 2025

Nine nominations, in every major category it was eligible for. Running in comedy, which they think is backwards. Regina Hall the only arguable snub.

Sentimental Value poster

Sentimental Value 2025

The second-most-nominated film with four acting nods and two for Joachim Trier, including director. A surprise, given it had felt like it was waning.

Hamnet poster

Hamnet 2025

Six nominations (Chloé Zhao, Jessie Buckley, Paul Mescal, Max Richter's score), pretty much exactly what it needed.

Sinners poster

Sinners 2025

Running in drama against Hamnet despite its musical elements; not a single supporting nod, which Sean calls the biggest oversight.

Nouvelle Vague poster

Nouvelle Vague 2025

Richard Linklater's second Best Musical or Comedy nominee, the pick that threw Sean for a loop, and at Jay Kelly's expense.

Blue Moon poster

Blue Moon 2025

Linklater's other one, with Ethan Hawke in for Best Actor: 'wonderful.'

Jay Kelly poster

Jay Kelly 2025

Shut out of Best Musical or Comedy, but Clooney and Sandler both got acting nods; no Billy Crudup.

Wicked for Good poster

Wicked for Good 2025

Left out of Best Musical or Comedy entirely and relegated to the cinematic-and-box-office category. Big news, since it's sinking at the box office.

Bugonia poster

Bugonia 2025

Three nominations, in comedy, with Jesse Plemons and Emma Stone: funny, but debatable how funny versus painful.

Avatar: Fire and Ash poster

Avatar: Fire and Ash 2025

Relegated to the cinematic-and-box-office-achievement category: cinematic first, then box office.

F1 poster

F1 2025

Sean's beloved, also in the blockbuster category.

KPop Demon Hunters poster

KPop Demon Hunters 2025

In the box-office category, plus two of its songs nominated; won Best Animated Feature at the New York Film Critics Circle. 'Justice for Soda Pop.'

Frankenstein poster

Frankenstein 2025

Five nominations, including Oscar Isaac and Best Director for Guillermo del Toro, but not screenplay. One of two Netflix drama spots, over Jay Kelly and Train Dreams.

Train Dreams poster

Train Dreams 2025

No Best Drama nod, though Joel Edgerton got in. Lost a Netflix slot to Nouvelle Vague and Frankenstein.

Marty Supreme poster

Marty Supreme 2025

Snubbed for its score (which Sean calls maybe the score of the year) and for Josh Safdie in director, the Ben Affleck-hosted screening notwithstanding. Sean saw it a second time and it was better.

No Other Choice poster

No Other Choice 2025

Lee Byung-hun and the film in for Best Musical or Comedy, a satirical, violent comedy Sean just put on his top five.

Hedda poster

Hedda 2025

Tessa Thompson in for Best Actress, on Amazon Prime now; an interesting adaptation that doesn't quite get there. Nina Hoss was good, and snubbed.

Sorry, Baby poster

Sorry, Baby 2025

Eva Victor nominated for Best Actress, never would've predicted it. Still a real Best Original Screenplay contender at the Oscars.

Sirât poster

Sirât 2025

Nominated for its electronic rave score, the most outlandish pick to Sean, who has it on Blu-ray but hasn't seen it. More like Challengers than Marty Supreme.

Challengers poster

Challengers 2024

The comparison point for the Sirât score, and the reminder the Globes skipped it last year too.

Song Sung Blue poster

Song Sung Blue 2025

The Kate Hudson karaoke movie neither host has seen yet.

Anaconda poster

Anaconda 2025

On Amanda's to-see list, the reason she can't get to Song Sung Blue this week.

‘It Was Just an Accident’the hosts' take before the Panahi interview

It Was Just an Accident poster

It Was Just an Accident 2025

Panahi's Palme d'Or winner, shot largely in secret: a mechanic thinks a man who drives in after an accident may be his former torturer, and a Hitchcockian road comedy accretes around the question. Amanda went in cold and loved it, stressed the whole time; both flag a hospital set piece for its nausea. Sean's pick for this year's 'Anatomy of a Fall.'

This Is Not a Film poster

This Is Not a Film 2011

Made under house arrest, the experimental end of Panahi's work that this film moves away from.

Taxi poster

Taxi 2015

The one where he mounts a camera in a taxi, cited as the kind of formally playful film that 'It Was Just an Accident' deliberately isn't.

If I Had Legs I'd Kick You poster

If I Had Legs I'd Kick You 2025

Amanda's other most-nauseous-in-a-theater movie of the year, and a companion to the hospital sequence here.

Anatomy of a Fall poster

Anatomy of a Fall 2023

The template: the international thriller that becomes the awards conversation's pop favorite. Sean thinks this is that film this year.

Jafar Panahi on ‘It Was Just an Accident’recorded before news of his latest one-year sentence

It Was Just an Accident poster
Jafar Panahi on

It Was Just an Accident 2025

Panahi (through interpreter Shaida Dayani) says he doesn't see it as a thriller: his wife watches those, he runs away. Revenge and forgiveness are only surface; the real question is whether the cycle of violence keeps repeating. He cast for physical presence first, drew the roof-and-credit-card-machine scene from prison and from a kid with a card reader at a red light, and wanted the humor to run until the last twenty minutes so the ending would land. He knows only that his next film is about war.

Bashu, the Little Stranger poster
Jafar Panahi on

Bashu, the Little Stranger 1989

Panahi's answer to the closing 'last great thing you've seen': Bahram Beyzai's newly restored 1989 film, which he notes is also about war.

Also mentioned raised along the way

In passing DeadpoolArgoThe Little ThingsErin BrockovichTrafficParasite

Not films filtered out: TV, games, ads

TV The CrownThe White LotusAdolescenceDepartment QTaskThe Chair CompanyThe Sex Lives of College GirlsStranger Things

Podcasts Good Hang with Amy PoehlerThe Watch

Ads Amazon Prime