Netflix Chief Heads to White House as Warner Bros. Bid War Intensifies

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Source: Politico
TL;DR Summary

Netflix CEO Ted Sarandos will meet at the White House on Thursday to discuss Netflix’s bid to buy Warner Bros. Discovery amid a heated bidding fight with Paramount and ongoing DOJ antitrust scrutiny. President Trump has pressured Netflix to fire board member Susan Rice, a former Biden adviser, a move Sarandos downplayed as a business matter; it’s unclear if he’ll meet Trump. Paramount’s higher bid could force Netflix to raise its offer, while Netflix declined to comment.

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