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Ted Sarandos says critics just misunderstand Netflix

Ted Sarandos, the co-CEO of Netflix, sent shock waves through the entertainment world last month when his company announced an $83 billion deal to buy Warner Bros Discovery’s movie and TV business. The deal elicited a strong — and largely negative — reaction within Hollywood. It also upset the plans of Paramount, which had been […]

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Ted Sarandos says critics just misunderstand Netflix

Ted Sarandos, the co-CEO of Netflix, sent shock waves through the entertainment world last month when his company announced an $83 billion deal to buy Warner Bros Discovery’s movie and TV business.

The deal elicited a strong — and largely negative — reaction within Hollywood. It also upset the plans of Paramount, which had been aggressively pursuing a deal for all of Warner Bros. Paramount is still aiming to buy the company, launching a hostile bid and threatening a board fight.

This past week, Sarandos, 61, talked extensively about the deal. He…

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