US EditionNetflix Was Long 'a Builder Not a buyer.' Is that Era Over?
Ted Sarandos said the streamer tested its investment discipline and walked away when the deal cost exceeded its value to shareholders.
8 Articles
8 Articles
Netflix "Really Built Our M&A Muscle" During Warner Bros Pursuit, Ted Sarandos Says
Netflix “built our M&A muscle” during its ill-fated quest to acquire Warner Bros, Co-CEO Ted Sarandos told Wall Street analysts Thursday. “We’ve learned so much about deal execution, about early integration,” Sarandos said. “We’re really proud of the teams that did all that work. We were proud to win the bid. We are confident in […]
Ted Sarandos: Netflix Was ‘Willing to Put Emotion and Ego Aside’ and Walk Away from Warner Bros. Acquisition
Ted Sarandos, co-CEO of Netflix, acknowledged that it was disappointing for the streamer to not win the deal for Warner Bros. Discovery's streaming and studios business. But he said the company "built its M&A muscle" -- and tested its "investment discipline" to abandon the WB bid.
Netflix's shares had difficulties during the winter, as the company was involved in a bidding war by Warner Bros. But since the bid ended two months ago, the company has come back to the basics, a strategy well received by investors and is expected to be confirmed when it publishes its results after the closing of the market.The streaming giant's shares have won about 28 percent since the end of February, when Netflix abandoned its attempt to ac…
PHOTOART: MERCA2.0 Netflix turned a strategic setback into a financial boost. In its most recent financial results, the leading streaming company revealed that the cancellation of its agreement with Warner Bros. resulted in an extraordinary income of $2.8 billion, directly impacting its profits in the first quarter of 2026. READS ALSO. Netflix’s strategy goes against TikTok and YouTube: announces new vertical video feed READ ALSO.
“Nice to have, not a need to have”: Netflix shrugs off Warner Bros. collapse as shares fall
New Delhi: Netflix has said its abandoned Warner Bros. transaction has not altered its financial outlook for 2026. The failed deal left a visible imprint on its first-quarter numbers through a $2.8 billion termination fee and related costs. Despite beating estimates on revenue and earnings, Netflix shares fell nearly 9% in after-hours trading after the results, with reports pointing to investor caution around guidance and the concurrent announc…
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