Ted Sarandos Explains Why Netflix Didn’t Battle Paramount’s Bid for WBD

Netflix and Paramount drew widespread media scrutiny when they entered the bidding war to acquire Warner Bros. Discovery‘s assets. The war recently concluded when the former stepped down and refused to match or outbid Paramount’s latest and final bid, which WB found more appealing than Netflix’s offer, resulting in Paramount’s victory. The streaming giant’s CEO, […] The post Ted Sarandos Explains Why Netflix Didn’t Battle Paramount’s Bid for WBD appeared first on ComingSoon.net - Movie Trailers, TV & Streaming News, and More.