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Stock impact report

Netflix's Trump White House Meeting Was Canceled Hours Before Streamer Dropped Out of Warner Bros. Race [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
Tess Patton 3 min read Netflix CEO Ted Sarandos departs the White House on February 26. (Photo by Andrew Leyden/Getty Images) The widely reported meeting between Netflix co-CEO Ted Sarandos and Trump White House officials was canceled just hours before the streamer bowed out of the race to acquire Warner Bros. last week, TheWrap has learned. Sarandos was in Washignton, D.C. on Thursday for a series of meetings set up in the weeks prior to discuss Netflix's $83 billion deal for Warner Bros.' studio and streaming assets. And while he met with the Department of Justice in the morning, an individual with knowledge of the executive's trip told TheWrap that his scheduled White House meeting that afternoon never happened. The White House allegedly canceled the meeting last minute, citing a scheduling conflict, according to Axios , who first reported the news. Sarandos was set to meet with White House Chief of Staff Susie Wiles, but it was unclear whether the executive was to meet Show less Read more
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