Discussion

• @spongieupdates @spongieupdates on x

  Like I said before, I think this would be a great opportunity for Netflix to go all in with expanding their business and filling the void of the fifth major studio. Having traditional theatrical releases on top of their regular streaming service would be chef kiss.

• @lucas_shaw Lucas Shaw on x

  Ted Sarandos says Netflix knew it would pull out of the Warner Bros bidding as soon as it saw the final Paramount offer. We spent 40 minutes on Saturday discussing why Netflix didn't match and what the Paramount deal means for Hollywood: https://www.bloomberg.com/...

• @lucas_shaw Lucas Shaw on x

  Sarandos insists Netflix pulled out for economic reasons — not political ones. [image]

• @whatonnetflix @whatonnetflix on x

  Ted Sarandos has reflected on losing the bidding war for Warner Bros. to Paramount in a new interview on @business Highlights: - Knew they'd drop the deal quickly if Paramount was accepted as the superior offer: “We had done all the scenario planning, so we didn't have to go [ima…

• @lucas_shaw Lucas Shaw on x

  He also addressed the Susan Rice comments for the first time and said Netflix won't face any further investigation but the DOJ. [image]

• @morningbrew @morningbrew on x

  This Ted Sarandos quote is basically a post-credits scene: [Image: “If you feel like this is a rare asset, that also means that an asset like this may not come up again anytime soon, right?  Possibly.  Or if you look at the history of Warner Bros...."]

• @pkafka Peter Kafka on x

  Two months ago Trump said it was “imperative” that CNN get new owners. But Netflix boss Ted Sarandos says Trump's statement (or anything else he said in public) had nothing to do with Netflix backing away from its Warners bid. https://www.businessinsider.com/ ... [image]

• @engmohammed_ks Mohammed Ks on x

  @whatonnetflix @business Everyone knows that Paramount is burdened with debt, has a market value of $11 billion and is unable to protect Warner Bros. from collapse. More importantly it will reduce the size of projects and consolidate its streaming platforms, and I don't think the…

• @whenbatmenfly @whenbatmenfly on x

  “Unlikely to go after another studio in the next 6 to 12 months.” They know the deal won't pass and they will go again after WB, maybe get it for cheaper.

• @blewis1103 Brandon Lewis on x

  Ugh, I hate to give him anything, but Ted Sarandos nibbled with that “if they are six or seven times levered, they need to make some money” bit, calling them supermax broke af.

• @ourand_puck John Ourand on x

  Lucas Shaw: “There are a lot of people online who speculated that this was the plan all along, that you would just saddle Paramount with a bunch of debt, make them overpay, and then walk away with a bunch of money.” Ted Sarandos: “There are easier ways to make $2.8 billion.”

• @jacobfisherdf Jacob on x

  I could see them turning NARNIA into a full 4-week theatrical release (currently it's limited to just IMAX theaters only). Then if that goes well I could see them potentially buying a much smaller studio so they can inherit their theatrical capabilities for domestic releases.

• @cgasparino Charles Gasparino on x

  Sarandos was going to face the entire GOP and conservative movement, which would have been costly so maybe it was purely the numbers but not in the way he's saying. @netflix has a real problem w at least 51% of the country https://nypost.com/...

• @discussingfilm @discussingfilm on x

  Ted Sarandos has revealed that they may do more theatrical opportunities with Netflix titles, despite the Warner Bros deal not going ahead. “I think we're gonna find a bunch of cool things to do together going forward. I could see us doing things that we haven't done before.” [im…

• @animated_antic @animated_antic on x

  I'll believe it when I see it in terms of Netflix trying to commit to more theatrical releases (and maybe even home video deals), but I will be at least happy if they do commit to this. Films deserve to be cherished in theaters and deserve home video releases for people to see.

• @ooccouchgags @ooccouchgags on x

  It took nearly getting Warner Bros for Netflix to realise “Releasing films into theaters can....actually be fun and gives us money beyond awards for certain films”

• @nextdoorsv @nextdoorsv on bluesky

  My sense is that a lot of industry types didn't want Netflix to acquire Warner because they hate the tech guys.  —  But if this interview is correct, then Ellison is going to need to cut $16 billion in costs to make the math work.  And that's going to mean a lot of layoffs.  And …

• @nextdoorsv @nextdoorsv on bluesky

  RIP SoCal's economy, California's unemployment rate, and California's state budget.  —  And, remember, if California's state budget crashes out, so does funding for 95% of California's school districts because of LCFF.

• r/DC_Cinematic r on reddit

  Bloomberg interview: Netflix's co-CEO explains why he quit the Warner Bros. fight

• r/entertainment r on reddit

  Netflix Boss Ted Sarandos Speaks Out After Losing Warner Bros. Bid: Paramount Offers Were ‘Irrational,’ Relied on Political Pressure Because it's ‘Cheaper to Make Noise’

• r/boxoffice r on reddit

  Netflix's Co-CEO Explains Why He Quit the Warner Bros. Fight

• r/MediaMergers r on reddit

  Netflix's Co-CEO Explains Why He Quit the Warner Bros. Fight

• @tvgrimreaper @tvgrimreaper on x

  Whoever 𝙙𝙞𝙙𝙣'𝙩 get WBD was always going to be the “winner”.

• @carnage4life Dare Obasanjo on bluesky

  Netflix's stock was up +14% on Friday after bowing out of the bidding war for Warner Bros. The company will get a $2.8B breakup fee and won't have to deal with a bunch of antitrust headaches or distractions about releasing movies in theaters.  —  A smart call and win for sharehol…

• @danielstrauss Daniel Strauss on bluesky

  “Substantial layoffs seem certain, but cost cutting alone won't make the operation into the sort of entertainment powerhouse that can better compete with the likes of Netflix and Disney.”