Netflix CEOs defend Warner Bros. deal
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We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
Netflix wants everyone to take a deep breath and chill. According to the company’s top brass, the plan to swallow Warner Bros. and HBO Max whole for a casual $82.7 billion is actually good news for Hollywood,
Several Hollywood unions, including the Writers Guild of America and Teamsters, have expressed serious concerns over a potential sale of Warner Bros. Discovery or its assets to Netflix or Paramount.
Netflix Co-CEOs Greg Peters and Ted Sarandos call their pending $83B acquisition of Warner Bros. "a win for the entertainment business."
Interviews with dozens of actors, producers and camera crews reveal an industry attempting to weigh the lesser of two horrible choices.
Netflix has made waves in entertainment with its deal to acquire Warner Bros. The streaming giant announced on December 5 that it had reached an agreement to purchase Warner Bros.
Hollywood has unleashed a wave of fear that the Netflix acquisition of Warner Bros will further erode the struggling movie business
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.
Paramount chief executive met with investors in New York to push his hostile bid for the Hollywood studio group