Reported about 14 hours ago
Netflix co-CEO Ted Sarandos has firmly stated that the company has no interest in acquiring legacy media networks amid rumors of a potential buyout of Warner Bros. Discovery (WBD). Following WBD's announcement to explore strategic alternatives, Sarandos reiterated Netflix's commitment to organic growth and emphasized that any potential deals would need to align with the company’s strategic goals. Despite the recent industry consolidation trend, he believes Netflix can continue to thrive without making significant acquisitions.
Source: YAHOO