Netflix CEOs Make Their Case for Warner Bros. Acquisition [Yahoo! Finance]
Netflix, Inc. (NFLX)
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Source: Yahoo! Finance
Greg Peters and Ted Sarandos moved to quell industry concerns about job losses and the end of theater releases in a letter to employees on Monday. Most Read from Bloomberg Can Netflix Help Save the American Mall? A Train Grows in Brooklyn Trump's New Architect Is Sticking With Ballroom's Giant Size Extreme Weather Plunges Brazil's Largest City Into Darkness Hochul Picks Kathryn Garcia as Next Head of Port Authority The executives said they were committed to releasing Warner Bros. movies in theaters, following concerns that Netlix would prioritize a streaming-first model. Sarandos has previously described going to the cinema as an “outdated” experience. “We haven't prioritized theatrical in the past because that wasn't our business at Netflix,” the co-CEOs wrote on Monday. “When this deal closes, we will be in that business.” They also promised “no overlap or studio closures” amid concerns the mega-deal would curtail jobs in an industry already impacted by the rise o
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- Netflix to Announce Fourth Quarter 2025 Financial ResultsPR Newswire
- Netflix responds to concerns about WBD deal [Yahoo! Finance]Yahoo! Finance
- Jake Paul vs Anthony Joshua on Netflix: What you need to know to watch fight [USA TODAY]USA TODAY
- Netflix Reassures Staff It Will Keep Theatrical Releases in Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
- Netflix CEOs Seek to Reassure Staff About Warner Bros. Deal [Yahoo! Finance Canada]Yahoo! Finance Canada
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