Netflix's co-CEO shares how he pitched Trump on the Warner Bros. deal
Netflix secured an $82.7 billion bid for Warner Bros.' streaming and studio assets while Paramount Skydance launched a competing $30-per-share hostile bid.
Netflix Says It's 'Saving Hollywood' As It Destroys Theatrical Runs
Netflix views itself as saving Hollywood and aims to expand via a potential $82.7 billion acquisition of Warner Bros., challenging traditional theatrical distribution.
Netflix's $83 billion acquisition of Warner Bros. would combine major franchises and studio infrastructure, transforming Netflix into a full-scale legacy-studio owner.
Netflix cofounder started his career selling vacuums door-to-door before collegenow, his $440 billion streaming giant is buying Warner Bros. and HBO
Netflix will acquire Warner Bros. and HBO Max for $83 billion, making Netflix a media juggernaut and reflecting Reed Hastings' rise from salesperson to billionaire.