Get the latest tech news

Netflix, After Walking Away From Warner Bros. Deal, Will "Move Forward" With "$2.8 Billion in Our Pocket That We Didn’t Have a Few Weeks Ago," CFO Spence Neumann Says


Netflix CFO Spence Neumann, speaking Wednesday at the Morgan Stanley Technology, Media & Telecom Conference, reiterated the company's position that it bailed out of the bidding for Warner Bros. because Paramount increased its offer price.

None

Get the Android app

Or read this on r/technology

Read more on:

Photo of Netflix

Netflix

Photo of Weeks

Weeks

Photo of Pocket

Pocket

Related news:

News photo

‘Uncanny Valley’: Iran War in the AI Era, Prediction Market Ethics, and Paramount Beats Netflix

News photo

How Netflix’s Push into Podcasts Looks on YouTube

News photo

Netflix just bought an AI startup founded by Ben Affleck