Ted Sarandos: Netflix Was ‘Willing to Put Emotion and Ego Aside’ and Walk Away from Warner Bros. Acquisition
Posted by ControlCAD
Ted Sarandos: Netflix Was ‘Willing to Put Emotion and Ego Aside’ and Walk Away from Warner Bros. Acquisition
Posted by ControlCAD
14 Comments
The merged company is going to get killed by interest payments. For Netflix, this whole thing was win-win.
They either get WB’s lucrative library or they successfully trick the Ellisons into driving price up to ridiculous levels and so get the library through streaming deals using Paramount’s own money and later buy up their IP anyway when Ellisons start selling the merged company for parts to keep it afloat.
As anyone leaked how much the Ellisons merger is going to affect the cash flow?
Kinda feels like WB is a poison fruit at this point
Nah this whole deal is a poison pill either ai gets regulated and oracle losses a shit ton or the Saudis pull out like with liv golf with the massive amount of debt they are Hollywood financing I give it 5-10 years then Netflix will sweep it up for pennies on the dollar
Oh sure. They got a few billion to walk away AND raised their prices twice since.
This merger is a time bomb because of the debt, and the Ellisons delusional strategy of creating MAGA content.
Netflix knows this.
Universal, and Apple are also waiting
And since his feeling are hurt, he decided to raise prices on the plans! It’s time to boycott Netflix!
You know Ted didn’t put his ego aside since the first thing he said after it happened was how much money they got from Warner Bros going with paramount
I’m not pushing for this, but think about it-
If Disney bought WB, there would be Bugs Bunny and Mickey Mouse under the same roof, and there could finally be a Roger Rabbit sequel.
Paramount must be hemorrhaging money.
Great, prepare for 100 blockbusters/dramas about October 7th to be green-lit within the next 12 months.
The fix was in with the Trump administration for Paramount to buy Warner Brothers. Sarandos knew getting federal approval for Netflix to buy Warner was going to be an uphill battle. The smart move was to take the $3 billion and walk away, which is exactly what he did.
Knowing Zaslav, it wouldn’t surprise me if he wanted WB to go to Paramount from the start, but wasn’t satisfied with the amount of money they were offering and used Netflix as bait to get them to increase it.
Well a free 2.8 BILLION dollars payout for walking away sure makes the ride home feel nice
Bigggest free win of all time for netflix
“Now we can get back to doing what Netflix does best: Making 8 episode seasons of mediocre TV shows that only come out every 3 years, and which you only hear about on the Today Show.”