Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 billion, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.

The Netflix co-CEOs were interviewed hours after a hostile offer for Warner Bros. from Paramount. "We didn't buy this company to destroy that value," Sarandos adds.

In the wake of freaking out the industry and theater owners with its winning bid for Warner Bros on Thursday, coupled with 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,

Seth Meyers suspects Trump actually met with Netflix CEO Ted Sarandos to ask about making one of the streamer's shows real

Cinema owners oppose a megadeal that would see one of the last Hollywood legacy studios snapped up only five years after the demise of 20th Century Fox: "We have fixed costs."

President Donald Trump gushed over Netflix co-CEO Ted Sarandso calling him “fantastic” but also noted that a combined Netflix-Warner Bros. Discovery would “have a very big market share.”

On Dec 8, 2025, the entertainment industry is turning an important turning point as Paramount makes a hostile takeover bid of Warner Bros. Discovery.

Netflix's co-CEOs projected confidence about closing Netflix's takeover of Warner Bros. and HBO Max despite Paramount's hostile bid for the studio.