Not a must have: Netflix co-CEOs Ted Sarandos and Greg Peters explain employees decision to backout from Warner Bros deal at town hall

Netflix co-CEOs Ted Sarandos and Greg Peters addressed employees after the company withdrew from its planned acquisition of Warner Bros. Discovery. The executives emphasized the deal was a 'nice to have' at the right price, not a 'must have,' and expressed confidence in Netflix's future momentum. Employees received the news with mixed reactions, though the company did receive a $2.

Not a must have: Netflix co-CEOs Ted Sarandos and Greg Peters explain employees decision to backout from Warner Bros deal at town hall
Netflix co-CEOs Ted Sarandos and Greg Peters addressed employees after the company withdrew from its planned acquisition of Warner Bros. Discovery. The executives emphasized the deal was a 'nice to have' at the right price, not a 'must have,' and expressed confidence in Netflix's future momentum. Employees received the news with mixed reactions, though the company did receive a $2.