Ted Sarandos on Netflix Nixing Warner Bros. Bid

Ted Sarandos on Netflix Nixing Warner Bros. Bid

The co-CEO pulled back the curtain on the stunning events of the past week that led to David Ellison prevailing with a sweetened $111 billion deal to merge two of Hollywood's last remaining legacy studios.

When Netflix Co-CEO Ted Sarandos left the White House on Feb. 26, journalists tracking the streamer’s bid to buy Warner Bros.’ storied movie and TV studios, along with HBO Max, scoured photographs ca… [+4291 chars]