Netflix Execs Keep Stumping For Warner Bros. Deal On Q4 Earnings Call
Deadline • • business
Key Points:
- Netflix senior management continues to advocate for their $82.7 billion Warner Bros. acquisition, describing it as a unique growth opportunity despite investor skepticism about the deal's high cost and strategic intent.
- Co-CEOs Greg Peters and Ted Sarandos emphasized the acquisition as an accelerant to Netflix’s strategy, aiming to enhance member offerings through both organic growth and selective mergers and acquisitions.
- The deal faces competition from Paramount, which has launched a hostile bid for Warner Bros. Discovery, and a proxy battle over WBD board seats is anticipated in the coming weeks.
- Netflix recently shifted its offer to an all-cash bid, but shares declined nearly 1% amid concerns over increased content spending projected for 2026, contributing to
