Netflix strengthens its Warner Bros. bid as Paramount's David Ellison tries to wreck its deal

Tech Insider : Business
WBD Netflix CEOs Zaslav
Netflix co-CEOs Greg Peters (left) and Ted Sarandos (right) have made an all-cash offer to Warner Bros. Discovery CEO David Zaslav (center).

Joe Pugliese and John Nowak for Warner Bros. Discovery

Netflix CEO Ted Sarandos tries to solve his movie problem

Tech Insider : Business
Netflix co-CEO Ted Sarandos applauds at the Golden Globe awards, January 2026
Netflix co-CEO Ted Sarandos has spent years people should be able to see big movies at home, without going to theaters. Now he's changing his tune.

Rich Polk/2026GG/Penske Media via Getty Images

Here's what Netflix's co-CEOs are saying after WBD rejected Paramount's hostile bid

Tech Insider : Business
Netflix co-CEO Ted Sarandos
Netflix co-CEO Ted Sarandos at the "Black Rabbit" event.

Dia Dipasupil/WireImage

Read the letter Netflix's co-CEOs sent to reassure staffers about its bid to buy Warner Bros.

Tech Insider : Business
netflix
Ted Sarandos, Co-CEO, Netflix, Bela Bajaria, CCO, Netflix, Greg Peters, Co-CEO, Netflix and Cody Rhodes attend Netflix's Debut of WWE Monday Night Raw at Intuit Dome on January 06, 2025 in Inglewood, California.

Roger Kisby/Getty Images for Netflix

What Hollywood's real-life drama means for you

Tech Insider : Business, Technology
Paramount Pictures, Warner Bros and Netflix studios

Mario Tama; NurPhoto/ Getty Images

Netflix's co-CEO Ted Sarandos shares how he pitched Trump on the Warner Bros. deal

Tech Insider : Business
Sarandos Trump 2x1
Netflix co-CEO Ted Sarandos appealed to President Donald Trump as he battles Paramount Skydance's David Ellison for control of Warner Bros.

Theo Wargo/Getty Images; Taylor Hill/FilmMagic

Netflix vs. Paramount: Why each media giant says it has the best Warner Bros. Discovery offer

Tech Insider : Business
David Ellison of Paramount Skydance and Ted Sarandos of Netflix are mounting rival bids for Warner Bros. Discovery.
David Ellison of Paramount Skydance and Ted Sarandos of Netflix are mounting rival bids for Warner Bros. Discovery.

Patrick T. Fallon / AFP / Steve Granitz/FilmMagic

Saudi Arabia, Qatar, and Abu Dhabi want to put billions into Paramount/WBD. Why?

Tech Insider : Business
Larry Ellison and David Ellison in 2013
Larry Ellison, one of the richest men in the world, and his son David want to buy Warner Bros. Discovery. They'd like to use money from Saudi Arabia and two other petrostates to make that happen. (Photo by Eric Charbonneau/Getty Images for The Hollywood Reporter)

Eric Charbonneau/Getty Images for The Hollywood Reporter

Netflix has a history of successful self-disruption. Its Warner Bros. Discovery deal will put that to the test.

Tech Insider : Business, Sports
LOS ANGELES, CALIFORNIA - NOVEMBER 11: Ted Sarandos, Co-CEO, Netflix, attends Netflix's
Netflix co-CEO Ted Sarados. The company has shifted its stance on theatrical releases.

Emma McIntyre/Getty Images for Netflix

Reviews are in, and Hollywood insiders aren't pleased with the Netflix-Warner Bros. deal

Tech Insider : Business
Netflix app and WB background
Netflix's $72 billion acquisition of Warner Bros. is raising eyebrows across Hollywood.

Illustration by Algi Febri Sugita/SOPA Images/LightRocket via Getty Images

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