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—
Leader
Warner Bros.Discovery
and
Netflix
walking together when the future of studio acquisitions remains uncertain.Netflix officials on Wednesday (17/12) visited the Warner Bros. location.in Burbank.
Variety
on Thursday (18/12) reported that WBD CEO David Zaslav welcomed Netflix co-CEOs, Ted Sarandos and Greg Peters, and gave them a tour of the famous studio location.
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“Today, Warner Bros. Discovery CEO David Zaslav welcomed Netflix co-CEOs Ted Sarandos and Greg Peters to the historic Warner Bros. studio location in Burbank to meet with leaders across the company,” according to the caption accompanying the photos.
Sarandos and Peters held an onstage conversation with Zaslav at the studio’s Steven J. Ross Theater before about 400 Warner Bros. employees.They answered some questions from the staff.
Netflix officials’ visit to Burbank came on the same day that WBD’s board of directors confirmed the decision to sell Warner Bros.and HBO to Netflix, while again rejecting Paramount Skydance’s latest offer.
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The struggle for the fate of Warner Bros.heated up earlier this month when Paramount announced an attempt to take control of the company through a tender offer to shareholders.
Meanwhile, WBD reached an agreement on December 5 with Netflix that valued the company’s main asset, Warner Bros.and HBO, for US$82.7 billion.
Paramount’s aggressive approach in September and October 2025 means Warner Bros.Discovery is the target.Netflix then made a cash and stock offer that won over WBD’s board of directors.
Paramount offered cash for all of Warner Bros.Discovery, including the company’s linear cable channels, while Netflix only bought the WB and HBO.
Paramount insists its offer is better for WBD shareholders because the offer is aimed at the company as a whole.
Paramount has warned that Netflix will have difficulty gaining regulatory approval for such a large transaction because of its dominant position in subscription streaming services.
WBD denied this, stating its concerns about the source of the funds behind Paramount’s bid.
They also argue that Netflix is in a better financial position to support Warner Bros. operations.and HBO.
(chri)