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Netflix's Sarandos Urges Paramount to Bid on Warner Deal

2/23/2026

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Summary

Story summary

At the BAFTA Film Awards, Ted Sarandos, Netflix co-CEO, defended Netflix's deal with Warner Bros and urged Paramount to offer more rather than bypass the agreement.
Warner Bros. reopened its sales process and set a February 23 deadline for Paramount to submit a bid.
Sarandos said Netflix will secure the deal and ease antitrust concerns.
He did not comment on U.S. President Donald Trump; regulators will evaluate the sales process.

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Story summary

At the BAFTA Film Awards, Ted Sarandos, Netflix co-CEO, defended Netflix's deal with Warner Bros and urged Paramount to offer more rather than bypass the agreement.
Warner Bros. reopened its sales process and set a February 23 deadline for Paramount to submit a bid.
Sarandos said Netflix will secure the deal and ease antitrust concerns.
He did not comment on U.S. President Donald Trump; regulators will evaluate the sales process.