BUSINESS

Netflix Chiefs Downplay Mergers as WBD Explores Deals

On Netflix’s earnings webcast, co‑CEO Greg Peters dismissed big media mergers as a fix, citing Disney-Fox, Amazon-MGM and the AT&T–Time Warner and Discovery–Warner tie-ups as lacking transformative impact. As Warner Bros. Discovery fields interest in all or part of the company and advances a split between streaming/studios and linear networks, Netflix said it evaluates opportunities case by case; Ted Sarandos also ruled out owning legacy TV networks. He added that Netflix isn’t reliant on any single supplier and that licensing to Netflix boosts viewership, pointing to titles like Suits, Peaky Blinders and Breaking Bad.

Reviewed by JQJO team

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