Offer a Superior Deal Now
Ted Sarandos, the co-CEO of Netflix, recently visited London to discuss the competitive landscape between Netflix and Paramount in the ongoing pursuit of Warner Bros. Discovery (WBD). Speaking on the red carpet at the BAFTA Film Awards, Sarandos asserted, “We have a signed deal with Warner Bros.; they’re trying to circumvent it.”
Netflix Awaits a Superior Offer
During his time at the event, Sarandos emphasized his expectation for Paramount to present a more competitive offer. “If you want to outbid our deal, just make a better deal,” he stated. He encouraged improvement on deal-making rather than spreading misinformation about market dynamics.
WBD Sales Process
In response to the shifting dynamics, Warner Bros. Discovery reopened its sales process last week. Paramount has a deadline of February 23, 2026, to submit its best and final offer. This move indicates the seriousness of the competition for content rights among major studios.
Confidence in the Deal
Sarandos expressed confidence that Netflix’s agreement would prevail. He believes they can address concerns from antitrust authorities effectively. “We want to help them win,” he remarked, referring to Warner Bros. movie division and the theatrical experience.
Response to Political Questions
When asked about a potential message for Donald Trump, Sarandos avoided the topic, highlighting the significance of the ongoing evaluation by the Department of Justice and other regulatory bodies, particularly in Europe.
Key Takeaways
- Ted Sarandos visited London to discuss Netflix’s deal with Warner Bros.
- He challenged Paramount to offer a more attractive deal.
- WBD’s sales process deadline is February 23, 2026.
- Sarandos expressed confidence in addressing regulatory concerns.
The competitive dynamics among these studios continue to evolve, suggesting a significant impact on the entertainment landscape in the near future.
