Theodore Sarandos

“Last Friday, Netflix CEO Ted Sarandos promised The New York Times that he would preserve the traditional minimum-45-day theater window for Warner Bros. releases.”

“the revised all-cash agreement will enable an expedited timeline to a stockholder vote and provide greater financial certainty, plus value from the planned separation of Discovery Global.”

“The two said they had not expected to make an offer for the Warner assets when they first started the due diligence process.”

“This is going to allow us to significantly expand our production capacity in the U.S. and to keep investing in original content in the long term, which means more opportunities for creative talent and more jobs,”