Ted Sarandos Fights to Seal Warner Bros. Discovery Deal: Netflix Co-CEO on Battling ‘Misinformation,’ the Future of HBO Max and His ‘Blood Oath’ for Theatrical Exhibition

Ted Sarandos is not amused and he’s not sitting quietly. The Netflix co-CEO is vigorously making his case on why Netflix should be the ultimate owner of Warner Bros. Discovery. Sarandos has been speaking out forcefully even as the board of WBD went back into negotiations with Paramount Skydance this week. In Sarandos’ view, the […] Home Film News Feb 20, 2026 6:24pm PT Ted Sarandos Fights to Seal Warner Bros. Discovery Deal: Netflix Co-CEO on Battling ‘Misinformation,’ the Future of HBO Max and His ‘Blood Oath’ for Theatrical Exhibition By Cynthia Littleton Plus Icon Cynthia Littleton Business Editor @Variety_Cynthia Latest LISTEN: ‘Kpop Demon Hunters’ Unite: Stars and Singers Gather to Celebrate the Movie’s Success and Significance 1 day ago Sandra Stern to Depart as Lionsgate TV Group Vice Chairman After 40-Year Executive Career 1 day ago LISTEN: What’s Next for Warner Bros. Discovery’s M&A Love Triangle?; Remembering Robert Duvall’s ‘Symphonic’ Talent 2 days ago See All Getty Ted Sarandos is not amused and he’s not sitting quietly. The Netflix co-CEO is vigorously making his case on why Netflix should be the ultimate owner of Warner Bros. Discovery. Sarandos has been speaking out forcefully even as the board of WBD went back into negotiations with Paramount Skydance this week. In Sarandos’ view, the seven-day window for Paramount to impress the WBD with a better offer than the $83 billion one it has with Netflix is a minor hurdle to the end game. He’s not shy about calling out what he sees as “misinformation” spread by the Paramount Skydance team and its leader, CEO David Ellison.“It’s probably cheaper to make noise than it is to raise your bid,” Sarandos says. Related Stories 'Paradise' Sets Official Companion Podcast Hosted by Ryan Michelle Bathé (EXCLUSIVE)