Co-CEOs Ted Sarandos and Greg Peters position a Warner Bros. Discovery merger as a growth-first vision for film, television, and theatrical storytelling Netflix is making a bold case for reshaping Hollywood’s future. In a detailed memo to employees, co-CEOs Ted Sarandos and Greg Peters laid out their strategic rationale for acquiring the streaming and studio assets of Warner Bros. Discovery (WBD), as the company faces heightened scrutiny and a hostile rival bid from Paramount Skydance. The $72 billion Netflix proposal, announced on December 5, would bring HBO, HBO Max, and Warner Bros. Studios under the Netflix umbrella — a move … Continue reading Netflix Makes Its Hollywood Power Play