Netflix, Paramount and Warner Bros.
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Wasting no time checking out their potential new home away from home, Netflix’s bosses Greg Peters and Ted Sarandos made a most awesome visit to the Warner Bros Discovery studio lot today with David Zaslav as tour guide.
Warner Bros. Discovery CEO David Zaslav gave Netflix co-CEOs Ted Sarandos and Greg Peters a personal tour of the historic WB studio in Burbank, Calif. after the board reiterated its recommendation for the streamer's $82.
The streamer's co-CEO made a surprise appearance at a Tuesday night event in Paris, organized by Canal+ Group.
Netflix co-CEO Ted Sarandos tells Canal+ upfronts that Warner Bros. films will get traditional theatrical windows and flow through output deal.
Ted Sarandos, co-CEO of Netflix, was once seen as an underdog in Hollywood. Now, the former Arizona video store manager has emerged as one of the biggest Hollywood moguls yet.
"This is something that we’ve heard for a long time — including when we started the streaming business," Ted Sarandos and Greg Peters write.
We haven’t prioritized theatrical in the past because that wasn’t our business at Netflix. When this deal closes, we will be in that business.”
Netflix's Ted Sarandos said Paramount's hostile bid for Warner Bros. Discovery was "entirely expected," but he is"super-confident" about closing the deal.
The new four-part project was executive produced by the disgraced hip-hop mogul's rival, and it's been suggested that this was a form of revenge for Diddy's rejection of the streamer.