Netflix

Sarandos Says Politics Didn’t Drive Netflix’s Exit From Warner Bros. Deal

Sarandos Says Politics Didn’t Drive Netflix’s Exit From Warner Bros. Deal

In his first interview since conceding to David Ellison’s Paramount Skydance, Netflix co-CEO Ted Sarandos opened up about his company’s pursuit of Warner Bros. Discovery—and why it chose to step aside. The conversation offered insight into executive decision-making, Netflix’s posture toward Washington, and the company’s strategy moving forward.

Netflix CEO Promises 45-Day Theatrical Window for Warner Bros. Movies “I Want to Win the Box Office”

Versant’s Weak Debut Complicates Netflix Bid for Warner Bros. Discovery

Paramount Skydance CEO David Ellison may have just gotten more ammunition in his battle for Warner Bros. Discovery (WBD). Netflix appeared to win the bidding war in early December, when its combined offer of cash and stock was accepted by the WBD board. Paramount countered, bypassing the board and going directly to shareholders with an all-cash offer. The weak debut of Versant, Comcast’s spinoff of its cable assets, is now calling into question the value of Netflix’s bid, which according to New York Post columnist Charles Gasparino, depends on the sale of WBD’s own cable assets.

Warner Bros. Discovery Calls Paramount Skydance’s Lawsuit “Meritless” as David Ellison Keeps Pushing $30/Share Bid

WB Rejects Paramount: Warner Bros. Discovery Urges Shareholders to Vote Down Amended $108 Billion Takeover Bid

Warner Bros. Discovery has formally escalated its resistance to Paramount Skydance’s takeover effort, urging shareholders to reject the amended $108 billion proposal and making it clear that the board sees the offer as both financially inadequate and structurally risky. As WB Rejects Paramount, the move illustrates just how far apart the two sides remain—and why Warner Bros. believes the bid poses long-term dangers to shareholder value.