The battle for Warner Bros. appears to be over, and Netflix co-CEO Ted Sarandos is shedding more light on the company’s failed bid to acquire Warner Bros. Discovery, following Paramount’s hostile takeover. Sarandos is making it clear he doesn’t think the outcome came down to the regulatory hurdles many assumed, and he’s straight calling out Paramount’s "narrative" on how things went down.
In a wide-ranging interview with Politico, Sarandos touched on everything from European regulations to YouTube as a competitor, but the collapsed Warner Bros. deal still loomed large. And when it came up, he pushed back on the idea that government scrutiny was ever the real problem. Instead, he suggested the bigger issue was perception. He explained:
