Netflix, Paramount and jobs” Sarandos
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Netflix's bid for Warner Bros. won, but Paramount isn't giving up. Co-CEO Ted Sarandos isn't David Ellison, but he might also be on Trump's good side.
Donald Trump may be sending mixed signals about if Paramount or Netflix should Warner Bros, but Ted Sarandos insists POTUS and the streamers are in lock step. “You should think the President cares deeply about American industry,
Netflix is chill.
As the streaming giant aims to acquire the legacy studio, multiple insiders say that a recent conversation between its CEO and the President may have helped pave the way.
In the wake of freaking out the industry and theater owners with its winning bid for Warner Bros on Thursday, followed by Paramount’s hostile takeover proposal, Netflix co-CEOs Ted Sarandos and Greg Peters jumped on a Wall Street call again today to pour cold water on the fire,
Ted Sarandos scored a critical sit-down with President Donald Trump in the weeks leading up to Netflix’s successful $82.7 billion agreement to buy Warner Bros. and HBO Max, according to sources familiar with the confab.
Netflix’s blockbuster deal to buy Warner Bros., including HBO, is the latest twist in a rivalry that has reshaped the entertainment industry.
Think again. On Friday, Netflix co-Chief Executive Ted Sarandos pulled off an audacious $82-billion deal to buy much of Bewkes' old haunts: the Warner Bros. film and TV studios in Burbank, and HBO and the HBO Max streaming service in Culver City.