Warner Bros. Discovery's Sale Rumors Spark Industry Uncertainty
TL;DR Summary
Netflix's co-CEO Ted Sarandos indicated that Netflix has little interest in bidding for Warner Bros. Discovery, emphasizing a focus on organic growth and strategic investments rather than large acquisitions, amidst industry consolidation rumors.
- Netflix’s Ted Sarandos Reacts to Warner Bros.’ “For Sale” Sign, Mostly Deflects the Topic The Hollywood Reporter
- Warner Bros. Discovery says it's open to a sale; shares jump 10% CNBC
- Netflix co-CEO on WBD buyout rumors: 'We have no interest in owning legacy media networks' Yahoo Finance
- Paramount Mulls Next Move After Second Bid For Warner Bros Discovery Is Rejected Deadline
- CNN’s future at stake as owner Warner Bros. Discovery seeks sale The Washington Post
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