Netflix CEO Ted Sarandos's visit to the White House in November was a crucial moment in the company's pursuit of Warner Bros. The meeting, which lasted for hours, allowed Sarandos to gauge Trump's stance on the deal and ultimately gain his backing.
As it turned out, Sarandos was right to assume that Netflix wouldn't face significant opposition from the White House. Despite some public efforts to rally support against the deal, Paramount CEO David Ellison's bid ultimately faltered in its attempts to overcome regulatory hurdles.
The acquisition of Warner Bros. is a major coup for Netflix, and it marks a significant victory for Sarandos. The deal comes after a heated bidding war between Netflix and Paramount, with the latter attempting to poach the assets of the storied studio and its streaming services.
Sarandos's visit to the White House was seen as a calculated move to secure support from the administration ahead of the bidding war. By meeting with Trump in person, Sarandos was able to get a sense of the President's thoughts on the deal and gauge his willingness to back Netflix's bid.
In the end, it seems that Sarandos's gamble paid off. Despite some public efforts to turn the White House against the deal, Netflix emerged victorious, securing Warner Bros. at an eye-watering price tag of $82.7 billion.
The implications of this deal are far-reaching and significant. With the acquisition of Warner Bros., Netflix has now become a major player in the world of entertainment, solidifying its position as a leading streaming service provider.
However, there is still one potential monkey in the saddle - David Ellison and his father Larry. They claimed that they were uniquely qualified to navigate regulatory hurdles associated with media consolidation. The possibility of a hostile takeover from Paramount remains on the cards.
As it turned out, Sarandos was right to assume that Netflix wouldn't face significant opposition from the White House. Despite some public efforts to rally support against the deal, Paramount CEO David Ellison's bid ultimately faltered in its attempts to overcome regulatory hurdles.
The acquisition of Warner Bros. is a major coup for Netflix, and it marks a significant victory for Sarandos. The deal comes after a heated bidding war between Netflix and Paramount, with the latter attempting to poach the assets of the storied studio and its streaming services.
Sarandos's visit to the White House was seen as a calculated move to secure support from the administration ahead of the bidding war. By meeting with Trump in person, Sarandos was able to get a sense of the President's thoughts on the deal and gauge his willingness to back Netflix's bid.
In the end, it seems that Sarandos's gamble paid off. Despite some public efforts to turn the White House against the deal, Netflix emerged victorious, securing Warner Bros. at an eye-watering price tag of $82.7 billion.
The implications of this deal are far-reaching and significant. With the acquisition of Warner Bros., Netflix has now become a major player in the world of entertainment, solidifying its position as a leading streaming service provider.
However, there is still one potential monkey in the saddle - David Ellison and his father Larry. They claimed that they were uniquely qualified to navigate regulatory hurdles associated with media consolidation. The possibility of a hostile takeover from Paramount remains on the cards.
to get Trump's backing like that. I mean, who wouldn't want $82.7 billion in streaming revenue? 
It's going to be a game-changer for the company, and I think it'll pay off big time. The competition from Paramount was intense, but I guess you can't keep a good thing down 
. I'm also wondering if this deal will lead to more original content - can you imagine Stranger Things with even more epic storylines? 
so like what's up with this deal between Netflix and Warner Bros? 
was it all smooth sail or were there any major hurdles to overcome? 
also, what do you think about paramonte's failed bid? were they really that off base? 
I mean, don't get me wrong, Netflix needs Warner Bros. to stay competitive, but can we please have some real media consolidation in this deal? 
Instead of just Paramount trying to one-up everyone else... 
that's what they want us to think, but i'm not buying it. there had to be more to it than that. i mean, who benefits from this deal and why? sarandos gets his hands on warner bros., netflix becomes the dominant player in the streaming world... sounds like a perfect storm for them to control the narrative.
. Maybe Sarandos won this round, but there might be more battles to fight 
.
I mean, you gotta give him major props for playing the long game and meeting with Trump in person to get that sense of what's going down at the White House. And honestly, it kinda makes me wonder if Ellison was even in the running all along 
. So yeah, Netflix wins big time and Sarandos gets to flex his muscles – I'm just glad I got to see it all go down! 