Warner Bros. was “nice to have” but not at any price, says Netflix
Bizcommunity | 27.02.2026 16:24
In a joint statement, Netflix co-CEOs Ted Sarandos and Greg Peters said: “The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid.”