US EditionNetflix boss dismisses Trump’s demand for Susan Rice to be fired
Ted Sarandos insists Netflix's Warner Bros. acquisition is a business transaction reviewed by U.S. and international regulators despite political pressure from President Trump.
- On Monday, Ted Sarandos, co‑CEO of Netflix, dismissed President Donald Trump's call to fire Susan Rice, former U.S. ambassador to the United Nations and national security advisor, saying the bid is a business matter.
- Following Rice's podcast remarks, Trump posted on Truth Social on Saturday urging Netflix to fire her or face consequences.
- Netflix is battling Paramount to buy Warner Bros. Discovery, with WBD revealing on February 17 that Paramount offered at least $31 per share; the deal requires approval from the Department of Justice antitrust division.
- As lobbying intensifies in Washington, Sarandos previously met Trump in November and pitched him on the economic benefits of the Netflix deal, fueling the lobbying surge.
- President says Netflix's $83 billion bid is a vertical merger that would add assets and reduce industry players from five to four, amid Trump's intervention.
10 Articles
10 Articles
Curious Trump SOTU guest 'may raise eyebrows at Netflix': NYT reporter
David Ellison, son of the billionaire Larry Ellison and the chief executive of Paramount Skydance, was a guest at President Donald Trump's State of the Union on Tuesday night. It was considered an interesting move as Paramount is "seeking to acquire Warner Bros. Discovery in a deal that Trump has promised to 'be involved' in," The New York Times reported. "Ellison’s presence may raise eyebrows at Netflix, the rival bidder."Paramount, which lever…
Business Insider
One News PageNetflix boss responds to Trump's call to fire Susan Rice: 'This is a business deal, not a political deal'
Ted Sarandos, co-CEO of Netflix, has responded to Trump's calls for the company to fire Susan Rice from its board as it bids for Warner Bros.
Ted Sarandos Pushes Back On Trump’s Call For Netflix To Fire Board Member Susan Rice: “He Likes To Do A Lot Of Things On Social Media”
Ted Sarandos Pushes Back On Trump’s Call For Netflix To Fire Board Member Susan Rice: “He Likes To Do A Lot Of Things On Social Media.
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