Ted Sarandos

• Netflix revises its offer for Warner Bros. Discovery to make it an all-cash transaction - Netflix is revising its $72 billion offer for Warner Bros. Discovery to make it an all-cash transaction. Netflix initially put forth a cash and stock deal valued at $27.75 per Warner Bros. share, giving it a total enterprise value of $82.7
• Netflix Co-CEO Ted Sarandos Says Paramount’s Hostile Bid For WBD Was “Entirely Expected”, Still “Super-Confident” About Closing Deal - Netflix Co-CEO Ted Sarandos said Paramount’s hostile bid for Warner Bros. Discovery was “entirely expected,” but the exec said he remains “super-confident” in the streaming giant’s plan to close the deal. “Today’s move was entirely expected
• Netflix’s Biggest Wall Street Backer Downgrades It on Fear That Warner Deal Exposes Weakness to YouTube and TikTok Threat - Downgrading his rating on Netflix shares from "buy" to "hold," Pivotal Research Group analyst Jeff Wlodarczak says the megadeal reflects its concern that short-form is "is doing to streaming what streaming has done to traditional TV."