Rupert Murdoch's 21st Century Fox (NASDAQ:FOX) made an $80 billion takeover bid last Wednesday for Time Warner (NYSE:TWX.DL). It's a content-is-king situation, with HBO as the crown jewel, and the Turner division giving Murdoch & Co. sports and a leg up on negotiating affiliate fees with the rapidly consolidating cable operators industry, where Comcast continues to grow.

In the This Week in Tech video below, The Motley Fool's general manager and senior tech analyst, Eric Bleeker, and tech bureau chief, Max Macaluso, talk about why they think this takeover will happen, why it's tough to bet against Murdoch, and what the largest media deal in a decade means to the overall landscape.

The deal could be especially interesting for Netflix (NASDAQ:NFLX) investors. On one hand, Murdoch coveting HBO and it's original programming is validation of Netflix's own strategy. Yet, with a combined 21st Century Fox and Time Warner controlling more content, HBO itself could become an even more powerful rival against Netflix in the years to come.