Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Alex Daniel

Netflix boss says $83bn Warner Bros takeover will benefit industry

Netflix Ted Sarandos Warner Bros Donald Trump WBD Paramount Larry Ellison United Kingdom BAFTAs
Ted Sarandos, wearing black tie outfit, poses in front of a Bafta awards sponsor backdrop
Ted Sarandos attends the Bafta film awards at the Royal Festival Hall in London. Photograph: Aurore Marechal/Bafta/Getty Images for Bafta

The boss of Netflix has launched a fresh defence of its $82.7bn (£61bn) takeover of Warner Bros Discovery (WBD) assets, as he defended the streaming company’s contribution to the UK film and TV industry.

Ted Sarandos claimed Netflix buying WBD would bring “growth” to the entertainment industry, amid attempts by rival Paramount Skydance to launch a counter offer for the studio business which he said would do the opposite.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
80 Beautiful Pottery Creations That Prove Creativity Has Absolutely No Limits (New Pics)
It’s stunning what people can create with just a lump of wet clay, their own hands, and a little bit of love and creativity. On r/Pottery, folks with all kinds of experience share the most amazing and creative things they made. So, as you scroll and admire the pieces, let…
Bored Panda
Bored Panda
The Story Behind Little Trees Is Even Stranger Than You Think
The iconic tree-shaped air freshener started with a smelly milk truck in 1952. Here's how Little Trees became a car-culture staple.
Motor1
Motor1
Would You Send Money to Someone You’ve Never Met? Romance Scammers Know How to Make You Say Yes
The first request for money might arrive after weeks of sweet messages, late-night conversations, and promises of a future together. It might sound less like a scam than an awkward favor between two people who care about each other.
Clever Dude
Clever Dude
Heavier Phone Use Past 10 at Night Linked with Teens Falling Asleep About 65 Minutes Later
On nights with extra phone use after 10 p.m., teens fell asleep about 65 minutes later, a JAMA Pediatrics study found. What parents can do.
Medical Daily
Medical Daily
We are reclaiming real life after getting rid of Instagram
Letters: Readers on taking back their lives – and brains – from social media algorithms
The Guardian - UK
The Guardian - UK
The U.K.'s Online Safety Act Has Been a Failure. Regulators Want To Broaden It Anyway.
A new report reveals more shortcomings of the U.K.’s Online Safety Act.
Reason
Reason
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play