{"id":2313046,"date":"2026-03-04T23:59:42","date_gmt":"2026-03-04T23:59:42","guid":{"rendered":"https:\/\/celebrity.land\/en\/?p=2313046"},"modified":"2026-03-04T23:59:42","modified_gmt":"2026-03-04T23:59:42","slug":"netflix-after-walking-away-from-warner-bros-deal-will-move-forward-with-2-8-billion-in-our-pocket-that-we-didnt-have-a-few-weeks-ago-cfo-says","status":"publish","type":"post","link":"https:\/\/celebrity.land\/en\/netflix-after-walking-away-from-warner-bros-deal-will-move-forward-with-2-8-billion-in-our-pocket-that-we-didnt-have-a-few-weeks-ago-cfo-says\/","title":{"rendered":"Netflix, After Walking Away From Warner Bros. Deal, Will \u2018Move Forward\u2019 With \u2018$2.8 Billion in Our Pocket That We Didn\u2019t Have a Few Weeks Ago,\u2019 CFO Says"},"content":{"rendered":"<p><\/p>\n<div role=\"presentation\"><a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0144901\/\">Netflix<\/a> is no longer contemplating a future that includes <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0026840\/\">Warner Bros.<\/a>, having ceded the heated <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0076892\/\">M&amp;a<\/a> battle to <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co1159016\/\">Paramount Skydance<\/a>. Netflix CFO Spence Neumann, speaking Wednesday at the Morgan Stanley Technology, Media &amp; Telecom Conference, reiterated the company\u2019s position that it bailed out of the bidding for Warner Bros. because <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/company\/co0858764\/\">Paramount<\/a> increased its offer price.<\/p>\n<p>\u201cThe short answer is, it was all about price,\u201d <a rel=\"nofollow\" target=\"_blank\" class=\"ipc-md-link ipc-md-link--entity\" href=\"https:\/\/www.imdb.com\/name\/nm1641922\/\">Neumann<\/a> said. \u201cWe said all along this opportunity was a nice-to-have at the right price, not a must-have at any price,\u201d he added, echoing Netflix co-ceo Ted Sarandos\u2019 previous statement.<\/p>\n<p>Netflix, when it struck the deal&#8230;<\/p>\n<\/div>\n<p><em> \u2018 The preceding article may include information circulated by third parties \u2019 <\/em><\/p>\n<p><em> \u2018 Some details of this article were extracted from the following source www.imdb.com \u2019 <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Netflix is no longer contemplating a future that includes Warner Bros., having ceded the heated M&amp;a battle to Paramount Skydance. Netflix CFO Spence Neumann, speaking Wednesday at the Morgan Stanley Technology, Media &amp; Telecom Conference, reiterated the company\u2019s position that it bailed out of the bidding for Warner Bros. because Paramount increased its offer price. 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