What did Ted Sarandos say about President Trump's interest in the Netflix-Warner Bros. merger?

Ted Sarandos stated that President Trump has a keen interest in the entertainment business and has shown no indication of improper involvement in the proposed merger, leaving the decision to the DOJ.

Why does Ted Sarandos believe the Netflix-Warner Bros. deal is not an antitrust issue?

Sarandos argues the deal is not an antitrust issue because the media marketplace is highly competitive, citing YouTube's significant share of TV time as a major competitor to Netflix.

What is Netflix's stance on theatrical windows for Warner Bros. films?

Netflix intends to preserve a robust theatrical window for Warner Bros. films and plans to nurture and improve existing Warner Bros. brands.

Home / Arts and Entertainment / Netflix CEO: Trump Interest in Warner Deal Not Improper

Netflix CEO: Trump Interest in Warner Deal Not Improper

8 Feb

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Summary

Netflix co-CEO addressed President Trump's interest in the proposed merger.
Sarandos argued the Netflix-Warner Bros. deal benefits consumers.
He refuted claims of antitrust issues, citing YouTube's market dominance.

Netflix CEO: Trump Interest in Warner Deal Not Improper

Netflix co-CEO Ted Sarandos addressed concerns regarding President Donald Trump's interest in the proposed merger with Warner Bros. Speaking on the red carpet at the DGA Awards, Sarandos noted Trump's keen understanding of the entertainment business and expressed confidence that his interest was not improper, stating the matter rests with the DOJ. He reiterated his earlier testimony to the Senate, emphasizing the competitive nature of the media marketplace and arguing that the proposed deal poses no antitrust risk. Sarandos pointed to YouTube's substantial presence in TV time as evidence of this intense competition. He also assured that Netflix plans to support and enhance Warner Bros. brands, including its theatrical releases, and refuted claims about the amount of "trans ideology" content on the platform, emphasizing viewer control over content.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Netflix CEO: Trump Interest in Warner Deal Not Improper

8 Feb

•

Summary

Netflix co-CEO addressed President Trump's interest in the proposed merger.
Sarandos argued the Netflix-Warner Bros. deal benefits consumers.
He refuted claims of antitrust issues, citing YouTube's market dominance.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.