Get the latest tech news

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’


Netflix co-chief CEO Ted Sarandos has spoken out for the first time since the company lost the bid to buy Warner Bros. Discovery.

None

Get the Android app

Or read this on r/technology

Read more on:

Photo of Netflix

Netflix

Photo of Bid

Bid

Photo of Noise

Noise

Related news:

News photo

Paramount Won Over Warner Bros. Now for the Regulators.

News photo

It’s a Deal: Paramount and Warner Bros. Discovery Unveil $111 Billion Megamerger, $31 per share for WBD, including a ticking fee payable to shareholders equal to $0.25 per quarter beginning after Sept. 30, 2026, as well as a $7 billion regulatory termination due to regulatory matters.

News photo

Why did Netflix back down from its deal to acquire Warner Bros.?