{"id":434337,"date":"2025-12-08T23:49:13","date_gmt":"2025-12-08T23:49:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/434337\/"},"modified":"2025-12-08T23:49:13","modified_gmt":"2025-12-08T23:49:13","slug":"netflix-ceos-super-confident-of-closing-warner-bros-discovery-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/434337\/","title":{"rendered":"Netflix CEOs ‘Super-Confident’ of Closing Warner Bros. Discovery Deal"},"content":{"rendered":"

\n\tNetflix<\/a> co-CEOs Ted Sarandos<\/a> and Greg Peters projected confidence and asserted that a Netflix takeover of Warner Bros. and HBO Max would \u201ccreate and protect jobs in the entertainment industry.\u201d<\/p>\n

\n\tThe pair spoke Monday at the UBS Global Media and Communications conference \u2014 hours after Paramount Skydance initiated a hostile offer presented as a tender offer to WBD shareholders. The pair also asserted that they are committed to Warner Bros. theatrical films in the same way that the studio operates now \u2014 addressing the immediate backlash from the film community out of concern that Netflix will dramatically shrink the theatrical exhibition window at a cornerstone film studio.<\/p>\n

\n\t\u201cToday\u2019s move was entirely expected,\u201d Sarandos said. \u201cWe have a deal done, and we are incredibly happy with the deal. We think it\u2019s great for our shareholders. It\u2019s great for consumers. We think it\u2019s a great way to create and protect jobs in the entertainment industry. We\u2019re super confident we\u2019re going to get it across the line and finish.\u201d<\/p>\n

\n\tSarandos and Peters tried to address the key points of opposition that have flared since Netflix formally unveiled its $82.7 billion deal to acquire Warner Bros. The CEOs addressed theatrical film release strategies, trying to assure the audience that they would keep the Warner Bros. model status quo. For WB\u2019s massive TV studio, the Netflix chiefs vowed to maintain business as usual with the studio selling shows to rival streamers and networks in addition to serving Netflix and HBO Max.<\/p>\n

\n\tIn the main, Sarandos emphasized, Netflix is acquiring Warner Bros. for its strengths as a studio, which means having global distribution power and a diverse slate of buyers for its content. <\/p>\n

\n\t\u201cWe didn\u2019t buy this company to destroy that value,\u201d Sarandos said. \u201cWe\u2019re deeply committed to releasing [Warner Bros.] movies exactly the way they release those movies today\u2026..If we did this deal 24 months ago, all those movies we saw this year do so well at the box office for Warner Bros. would have been released in the same way in theaters, talking about \u201dMinecraft,\u2019 \u2018Superman,\u2019 \u2018Weapons,\u2019 \u2018Sinners,\u2019 All those movies. With the Warner Bros. operating entity, we think it\u2019s really important the way that they create and the way that they drive value.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Netflix co-CEOs Ted Sarandos and Greg Peters projected confidence and asserted that a Netflix takeover of Warner Bros.…\n","protected":false},"author":3,"featured_media":434338,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[171,4659,161221,67,132,68,27281],"class_list":{"0":"post-434337","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-entertainment","9":"tag-netflix","10":"tag-ted-sarandos","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us","14":"tag-warner-bros-discovery"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115686629092580362","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/434337","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=434337"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/434337\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/434338"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=434337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=434337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=434337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}