Hollywood, already on shaky economic ground, shudders at the prospect of a mega-Netflix

The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously, it also threatens to further shrink the industry and raise prices for consumers.

​ The business of Hollywood was in trouble long before the earth-rattling news that Netflix had inked a $72 billion takeover of Warner Bros. And while the deal is widely seen as a coup by Netflix, once a scrappy startup that had to fight to be taken seriously, it also threatens to further shrink the industry and raise prices for consumers. Read More Breaking News, Latest News and Videos | CNN