Archive · 16 Dec 2025
Netflix Defends Warner Bros Deal Amid Competition
Netflix's bosses, Greg Peters and Ted Sarandos, have explained why they want to buy Warner Bros for $82.7 billion.
Another company, Paramount, also wants to buy Warner Bros for more money, $108.4 billion.
Netflix says they will keep showing Warner Bros movies in theaters and won't cut jobs.
They are also sure they will get the okay from the government to do this deal.
A senator named Elizabeth Warren thinks both deals could be bad because they might be too big and control too much.
Some famous movie directors, like James Cameron, are worried that Netflix might not care about showing movies in theaters anymore, but Netflix says they will keep doing that.
Netflix agreed to buy Warner Bros for $82.7 billion, including debt.
Paramount responded with a higher bid of $108.4 billion for the entire company.
Netflix CEOs assured they will continue theatrical releases and pledged no job reductions.
Netflix is confident in securing regulatory approval for the deal.
Senator Elizabeth Warren criticized both offers for antitrust concerns, and James Cameron expressed concerns about the future of theatrical cinema.
- Who
- Netflix CEOs Greg Peters and Ted Sarandos, Paramount Skydance Corp, Senator Elizabeth Warren, James Cameron
- What
- Netflix's acquisition of Warner Bros Discovery and competing offer from Paramount
- When
- Netflix's offer announced on 5 December, Paramount's offer on 8 December, Netflix's response on 15 December
- Where
- United States
- Why
- To expand Netflix's business into theatrical releases and strengthen Warner Bros studio, despite regulatory and antitrust concerns
Netflix and Warner Bros
James Cameron and Hollywood Critics
Theatrical Releases
Netflix and Warner Bros
Netflix commits to continuing theatrical releases for Warner Bros movies, upholding the company's legacy in film.
James Cameron and Hollywood Critics
James Cameron and other filmmakers express concerns that Netflix's acquisition may harm the future of theatrical cinema.
- Netflix's Offer
- $82.7 billion (including debt)
- Paramount's Offer
- $108.4 billion
- Netflix CEOs
- Greg Peters and Ted Sarandos
- Theatrical Releases
- Netflix commits to continuing theatrical releases
- Job Impact
- Netflix pledges no studio closures or job reductions
- Regulatory Concerns
- Netflix confident in securing necessary approvals
- Senator Elizabeth Warren
- Criticizes both offers for antitrust concerns
- Theatrical Window
- Netflix reportedly favours a 17-day exclusive theatrical window, shorter than the 45-day period preferred by exhibitors.
Sources
Netflix CEOs defend Warner Bros deal: What they say on Paramount bid, job loss fears, theatrical release and more
Netflix CEOs break silence on Warner Bros. deal in a letter to employees: Report
