{"id":2199762,"date":"2025-12-15T15:12:05","date_gmt":"2025-12-15T15:12:05","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2199762"},"modified":"2025-12-15T15:12:05","modified_gmt":"2025-12-15T15:12:05","slug":"netflix-co-ceos-insist-wbd-deal-is-not-the-end-of-the-entertainment-industry","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/netflix-co-ceos-insist-wbd-deal-is-not-the-end-of-the-entertainment-industry\/","title":{"rendered":"Netflix Co-CEOs Insist WBD Deal Is ‘Not the End’ of the Entertainment Industry"},"content":{"rendered":"

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Netflix co-CEOs Ted Sarandos and Greg Peters answered some frequently asked questions from staffers regarding Warner Bros. Discovery, insisting the $82.7 billion deal<\/a> is \u201cnot the end\u201d of the entertainment industry.<\/p>\n

\u201cThis is something that we\u2019ve heard for a long time \u2014 including when we started the streaming business. Our stance then and now is the same \u2014 we see this as a win for the entertainment industry, not the end of it,\u201d they wrote in a staff memo, shared in a newly released SEC filing. \u201cThis deal is about growth: Warner Bros. brings businesses and capabilities we don\u2019t have, so there\u2019s no overlap or studio closures. We\u2019re strengthening one of Hollywood\u2019s most iconic studios, supporting jobs, and ensuring a healthy future for film and TV production.\u201d<\/p>\n

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\u201cWe\u2019re fully committed to releasing Warner Bros. movies in theaters, just as they do today. Theatrical is an important part of their business and legacy, and we don\u2019t want to change what makes Warner Bros. so valuable,\u201d the pair continued. \u201cIf this deal had happened two years ago, hits like \u2018Minecraft\u2019 and \u2018Superman\u2019 would still have premiered on the big screen as they did \u2014 and that\u2019s how we plan to keep it. We haven\u2019t prioritized theatrical in the past because that wasn\u2019t our business at Netflix. When this deal closes, we will be in that business.\u201d<\/p>\n

Sarandos had previously confirmed Netflix would still be supporting WB\u2019s movie theater output<\/a>, though he noted the release windows will evolve. <\/p>\n

Naturally, the executives also touched upon Paramount\u2019s hostile bid for WBD<\/a>, reiterating their confidence in Netflix\u2019s eventual regulatory approval.<\/p>\n

\u201cIt was entirely expected. But, we have a solid deal in place. It\u2019s great for our shareholders, great for consumers, and a strong way to create and protect jobs in the industry,\u201d Sarandos and Peters shared. \u201cWe\u2019re confident we\u2019ll get it over the finish line \u2014 and we\u2019re genuinely excited about what\u2019s ahead.\u201d<\/p>\n

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\n\t\t\t\t\t\t\t\"David\t\t\t\t\t<\/a><\/p><\/div>\n<\/div><\/div>\n

\u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n

\u2018 Some details of this article were extracted from the following source www.thewrap.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Netflix co-CEOs Ted Sarandos and Greg Peters answered some frequently asked questions from staffers regarding Warner Bros. Discovery, insisting the $82.7 billion deal is \u201cnot the end\u201d of the entertainment industry. \u201cThis is something that we\u2019ve heard for a long time \u2014 including when we started the streaming business. Our stance then and now is […]<\/p>\n","protected":false},"author":2,"featured_media":2187372,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"footnotes":""},"categories":[25172],"tags":[422706,23191,366914],"class_list":["post-2199762","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment","tag-greg-peters","tag-netflix","tag-ted-sarandos"],"jetpack_featured_media_url":"https:\/\/celebrity.land\/en\/wp-content\/uploads\/2025\/12\/Female-Execs-Call-for-Transparency-Mentorship-in-Advice-for-Up-and-Comers.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2199762","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/comments?post=2199762"}],"version-history":[{"count":1,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2199762\/revisions"}],"predecessor-version":[{"id":2199763,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/posts\/2199762\/revisions\/2199763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media\/2187372"}],"wp:attachment":[{"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/media?parent=2199762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/categories?post=2199762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/celebrity.land\/en\/wp-json\/wp\/v2\/tags?post=2199762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}