Netflix Co-CEO Ted Sarandos told investors the acquisition will help the companies stay competitive.<\/p>\n
\u201cIn a world where people have so many choices, more choices than ever how to spend their time, we can\u2019t stand still,\u201d he said on a call Friday morning. \u201cWe need to keep innovating and investing in stories that matter most to audiences, and that\u2019s what this deal is all about. The combination of Netflix and Warner Brothers creates a better Netflix for the long term. It sets us up for success for decades to come.\u201d<\/p>\n
He said he expects regulators to approve the deal.<\/p>\n
\u201cThis deal is pro-consumer, pro-innovation, pro-worker, pro-creator, pro-growth,\u201d he said. \u201cOur plans here are to work really closely with all the appropriate governments and regulators, but really confident that we\u2019re going to get all the necessary approvals that we need.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Netflix Co-CEO Ted Sarandos told investors the acquisition will help the companies stay competitive. \u201cIn a world where…\n","protected":false},"author":3,"featured_media":427259,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5123],"tags":[57825,7792,1582,276,638,3853,3048,36552,487,14107,2961,224,2444,5337,4659,198833,198832,6584,198668,1021],"class_list":{"0":"post-427258","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-los-angeles","8":"tag-aerial-view","9":"tag-batman","10":"tag-ca","11":"tag-california","12":"tag-company","13":"tag-deal","14":"tag-friday-morning","15":"tag-harry-potter","16":"tag-hbo-max","17":"tag-hollywood","18":"tag-la","19":"tag-los-angeles","20":"tag-los-angeles-times","21":"tag-losangeles","22":"tag-netflix","23":"tag-netflix-corporate-office","24":"tag-netflix-such-beloved-character","25":"tag-streaming","26":"tag-television-studio","27":"tag-warner-bros"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115668910381104030","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/427258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=427258"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/427258\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/427259"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=427258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=427258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=427258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}