Netflix, Paramount and Warner Bros.
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Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide.
Netflix leadership has said the proposed combination would remain pro-consumer and pro-competition, noting that a combined Netflix and Warner Bros. would still trail rivals in US TV viewership share
Netflix’s $83bn (£62bn) move for the streaming and studio assets of Warner Bros Discovery marks a turning point in the global industry. The Ted Sarandos and Greg Peters-led company has, to date, grown into the biggest streamer in the world organically.
Netflix’s roundhouse $82.7 billion acquisition of Warner Bros. Discovery’s studio, HBO and streaming assets has proved a corkscrew punch for Hollywood this morning, but the CEOs in the ring are respectively telling their staff to chill,
Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide.