Netflix Boss Responds to Trump's Demand to Fire Susan Rice From Board
Business Insider • • nation
Key Points:
- Netflix co-CEO Ted Sarandos emphasized that the company's bid to buy Warner Bros. is a business deal overseen by regulatory authorities, not influenced by political pressures, responding to President Trump's calls to remove Susan Rice from Netflix's board.
- Trump demanded Netflix fire Rice, a former US ambassador and national security advisor, after she warned corporations about potential retribution from future Democratic administrations for opposing Trump.
- Sarandos downplayed Trump's social media intervention, stating the deal requires approval from the Department of Justice's antitrust division and is focused on economic growth through a vertical merger.
- Netflix is competing with Paramount, which is seeking to acquire all of Warner Bros. Discovery, with the latter's board granting Paramount a final window to submit a
