2026-03-02
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 [image]
Bloomberg
Q&A with Ted Sarandos on the scenario planning Netflix did before Paramount's final WBD bid, how Paramount's deal closing could lead to cuts of $16B+, and more
When Netflix Inc. dropped out of the bidding for Warner Bros. Discovery Inc. on Feb. 26, the news came as a surprise to many in Hollywood.