If anyone was hoping for an unveiling of sharpened shivs at Netflix‘s upper echelon between the now exiting Reed Hastings and his successors over the abandoned Warner Bros bid, Ted Sarandos has some bad news for you.
“Sorry for anyone who is looking for some palace intrigue here, not so,” the co-CEO laughed on the streamer’s latest earnings call Thursday.
“Reed was a big champion for that deal,” Sarandos added, pulling back the curtain a bit on the Netflix’s co-founder’s POV on the $89 billon bid the company made late last year for WB’s streaming and studio assets. “He championed it with the board. The board unanimously supported the deal.”
Over the several months WBD was on the market and even after the Burbank-based studio accepted Netflix’s offer, Hastings publicly remained a Sphinx about the potential purchase. Looking for a schism in the Sun King’s court, some
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