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Netflix Co-CEO Sarandos to Visit White House to Discuss Warner Bros Bid, Politico Reports
Netflix co-CEO Ted Sarandos met with White House staff to discuss the $83 billion Warner Bros. Discovery acquisition amid DOJ antitrust scrutiny and a competing Paramount bid.
- Netflix Co-CEO Ted Sarandos will attend meetings at the White House to discuss the streaming giant's bid to acquire Warner Bros Discovery's assets.
- In the heated takeover battle, Netflix offered $82.7 billion for Warner Bros' studio and streaming assets, while Paramount offered $31 per share for the whole company.
- Trump demanded Netflix fire board member Susan Rice after she said corporations that 'take a knee' to him could face consequences if Democrats regained power.
53 Articles
53 Articles
Jimmy Fallon Trolls Donald Trump & Ted Sarandos' Meetup With Skit
Photo Credit: Todd Owyoung/NBC via Getty Images Jimmy Fallon recently mocked the meeting between Donald Trump and Netflix CEO Ted Sarandos with the help of a skit he shared online. Fallon took the shots after it was recently reported that Sarandos visited the White House to chat with the US President regarding the Netflix-Warner Bros deal. However, a recent report revealed that Netflix has bowed out of the deal. Jimmy Fallon showcases skit of Do…
Following White House Visit Netflix Boss Ted Sarandos Withdraws from Warner Bid, Clears Path for Larry Ellison to Take Control of CNN
Following a Thursday afternoon visit to the White House Netflix CEO Ted Sarandos announced he was withdrawing his bid to take control over Warner-Discovery, clearing the way for Larry Ellison’s bid to succeed. Larry Ellison and a group of financial investors now position Paramount Skydance to win control over Warner-Discovery. CNN insiders are reported to […]
It has always been clear that the war between Netflix and Paramount Skydance by Warner Bros. Discovery was much more than an impact fight in the audiovisual world. Once the streaming platform collided by Ted Sarandos and Greg Peters announced Thursday that he was withdrawing from the bid for the historic study, the impact of what happened, in Hollywood and far beyond, becomes more transparent. Continue reading....
Why Netflix walked away from Warner Bros. Discovery
Netflix co-CEO Ted Sarandos visited the White House Thursday afternoon to discuss his company's Warner Bros. bid. Hours later, Netflix walked away from the deal.Andrew Leyden/Getty ImagesNetflix has never made a giant acquisition.That's why it was surprising that it made an $83 billion bid for Warner Bros. Discovery.But both Netflix shareholders and Republicans hated the deal.Investors didn't want Netflix to buy Warner Bros. Discovery.Republican…
'Pay the consequences': Trump's bullying has a new target
President Donald Trump is reportedly threatening Netflix to fire Susan Rice, a former UN ambassador under President Barack Obama, or else “pay the consequences.”“President Donald Trump is not the sort of old-fashioned Republican who believes businesses should operate unfettered from government interference,” reported The Week. “Instead, he is now telling Netflix to fire a prominent board member who once worked for the Obama administration.”Trump…
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