Paramount vs Netflix for Warner Bros.
Digest more
4don MSN
Ted Sarandos Says Paramount Takeover Bid for Warners Was "Entirely Expected … We Have a Deal Done"
The Netflix co-CEOs were interviewed hours after a hostile offer for Warner Bros. from Paramount.
President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him "fantastic" and more but also noted that a combined Netflix-Warner Bros. Discovery would "have a great big market share." That's "for some economists" to look at "and I'll be involved in that decision,
Netflix is chill.
Netflix co-CEO Ted Sarandos insisted his streamer will still support Warner Bros.' movie theater output once the deal to buy WBD for $82.7 billion goes through. "It's not like we have this opposition to movies into theaters.
Netflix Co-CEO Ted Sarandos said Paramount’s hostile bid for Warner Bros. Discovery was “entirely expected,” but the exec said he remains “super-confident” in the streaming giant’s plan to close the deal.
Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.
President Trump revealed this week that he recently met with Netflix CEO Ted Sarandos, but Seth Meyers doesn't think it was about Netflix's plans to acquire Warner Bros. No, the NBC host suspects Trump just wanted to get permission to have his own version of one of the streamer's most popular series.
In the wake of freaking out the industry and theater owners with its winning bid for Warner Bros on Thursday, followed by Paramount’s hostile takeover proposal, Netflix co-CEOs Ted Sarandos and Greg Peters jumped on a Wall Street call again today to pour cold water on the fire,