Ted Sarandos Rips James Cameron For "Paramount Disinformation Campaign"
Key Points:
- Netflix co-CEO Ted Sarandos expressed surprise and disappointment over James Cameron's public opposition to Netflix's potential acquisition of Warner Bros, particularly criticizing Cameron's claim about a "17-day theatrical release window," which Sarandos denies ever stating.
- Sarandos reaffirmed Netflix's commitment to a 45-day theatrical window for Warner Bros films, a promise he has publicly made and sworn to under oath, contrasting this with Cameron's support for Paramount's hostile $108 billion bid for Warner Bros.
- The Warner Bros Discovery board has agreed to negotiate with Paramount for seven days amid competing bids, with Netflix proposing an $83 billion all-cash deal, while Paramount seeks regulatory approval and shareholder support for its higher offer.
- Netflix warned that Paramount's proposed $