Netflix isn’t buying Warner Bros, Paramount is
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Netflix’s leadership thinks the Warner Bros. deal won’t be like other big media mergers.
Warner Bros. mergers have a not-so-great history, but with this deal, co-CEO Greg Peters said on an analyst call that, as transcribed by Deadline:
We understand these assets that we’re buying, the things that are critical in Warner Bros. are key businesses that we operate in, and we understand. A lot of times, the acquiring company, it was a legacy non-growth business that was looking for sort of a lifeline. That doesn’t apply to us.
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