Ted Sarandos Has No Regrets Over WB Pursuit, Talks Netflix’s Engagement Growth Challenges, Overall Deals & Casey Bloys
Appearing at Bloomberg’s Screentime hours after Paramount’s acquisition of Warner Bros. Discovery overcame the last hurdle when a federal judge approved the settlement with the state Attorneys General, Netflix co-CEO Ted Sarandos was asked whether he regretting going after Warner Bros. given the scrutiny from Wall Street the streamer has been put under since then. “No, I think it was the plan was solid,” he said. “I think we won the deal at some point, so we priced it right at our scale. That w
Appearing at Bloomberg’s Screentime hours after Paramount’s acquisition of Warner Bros. Discovery overcame the last hurdle when a federal judge approved the settlement with the state Attorneys General, Netflix co-CEO Ted Sarandos was asked whether he regretting going after Warner Bros. given the scrutiny from Wall Street the streamer has been put under since then. “No, I think it was the plan was solid,” he said. “I think we won the deal at some point, so we priced it right at our scale. That was the top price point where I thought we could return value to our shareholders with that asset.…