Netflix Co-CEOs Confident in Warner Brothers Acquisition, Emphasize Job Protection and Theatrical Release StrategyIn a recent podcast episode, Netflix co-CEOs Ted Sarandos and Greg Peters expressed their strong confidence in their proposed takeover of Warner Brothers and HBO Max. They assured that this move would not only create but also protect jobs across the entertainment industry. The announcement comes amidst a dynamic media landscape, with Paramount Skydance making a hostile tender offer to Warner Brothers Discovery shareholders. Sarandos and Peters emphasized their commitment to maintaining Warner Brothers current theatrical film release strategy, aiming to ease concerns from the film community about potential changes to exhibition windows. They also highlighted that Netflix is primarily interested in acquiring Warner Brothers for its global distribution power and diverse range of content buyers, which are seen as significant assets. The executives are working to address key points of opposition and ensure a smooth transition for all involved parties.

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