US EditionNetflix CEO Ted Sarandos meets Trump ahead of Warner Bros. acquisition
Netflix CEO Ted Sarandos met President Trump to discuss the $82.7 billion Warner Bros. acquisition, emphasizing job creation amid regulatory and industry scrutiny.
- Netflix co-CEO Ted Sarandos met with President Donald Trump in the Oval Office for over an hour before Netflix's $82.7 billion acquisition of Warner Bros.
- While the deal awaits regulatory approval, critics like Sen. Elizabeth Warren have already raised antitrust concerns.
- Several A-list filmmakers and producers are considering releasing an open letter opposing the sale, worried that Netflix will imperil the financial health of cinemas by taking a major theatrical distributor off the board.
55 Articles
55 Articles
Netflix co-CEO Ted Sarandos reveals how he personally pitched Trump on the Warner Bros. deal
Netflix co-CEO Ted Sarandos appealed to President Donald Trump as he battles Paramount Skydance's David Ellison for control of Warner Bros.Theo Wargo/Getty Images; Taylor Hill/FilmMagicNetflix made a winning bid for Warner Bros., but Paramount Skydance isn't conceding yet.Paramount CEO David Ellison has rapport with Trump, but Netflix executive Ted Sarandos might also.Sarandos pitched Netflix as a company that can "create and protect jobs" if it…
Netflix Acquisition Of Warner Bros. Raises Theater Industry Concerns
Netflix announced that it will purchase Warner Bros. Discovery in an $82.7 billion deal that includes Warner Bros. film studios, HBO and the HBO Max streaming service. Netflix defeated bids from Paramount Skydance and Comcast to secure the purchase, which must face 12 to 18 months of regulatory approval before closing. Netflix said it plans to keep HBO and HBO Max as separate entities while adding some HBO content to its own platform. WBD’s line…
Prior to the ceremony of the Kennedy Center Honors Awards, US President Donald Trump was consulted by the press for the recent announcement of the merger between Warner Bros and Netflix that it would mean an agreement for more than $82 billion. Faced with this, the president mentioned that it would be a “great market share” for Netflix and that “it could be a problem.” Trump also commented that he had met with Ted Sarandos, co-director general o…
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