Why did Netflix pull out of the deal to buy Warner Bros. to take over? | TechCrunch

Netflix stunned the entertainment world this week when it declined its bid for Warner Bros. Discovery, paving the way for Paramount Skydance to take ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were financially disciplined. Now reporting in Bloomberg offers more details about why Netflix executives […]