Netflix co-CEO Ted Sarandos tells Bloomberg he is “highly confident” the deal for Warner Bros. Discovery will close. Netflix granted a seven-day waiver to Warner Bros. to reopen talks with Paramount Skydance that ends on February 23. Sarandos discusses why he believes Netflix’s offer is better for shareholders, viewers and theaters with Bloomberg’s Ed Ludlow and Lucas Shaw.
00:00 Ted Sarandos
00:30 Sarandos on buying Warner Bros.
01:50 This will be positive for long term
02:30 Sarandos says AI will be good for entertainment
06:20 This deal offers great value: Sarandos
06:50 Why the Netflix deal is better
08:30 Sarandos on working with White House
10:00 What deal means for movies
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