Part 2/11:
Netflix’s CEO team, including Greg Peters and Ted Sarandis, has publicly championed their $83 billion bid for Warner Brothers as a boon for the entertainment industry. In an SEC filing and employee memo, they stress that the deal would bolster growth, expand capabilities, and support jobs, asserting that it’s “a win for the entertainment business.” They dismiss concerns about industry upheaval, emphasizing their commitment to strengthening one of Hollywood’s most iconic studios without overlapping studios or closures.