March 1, 2026 at 04:56PM
Netflix CEO Sarandos says he bailed on WBD because of price, not Trump
Netflix CEO Reed Hastings? Sarandos says he bailed on Warner Bros. Discovery due to price, not politics. He contrasted Netflix’s stance with rivals like Paramount owners Larry and David Ellison, who courted the President and other Republicans.
The remarks come as streaming competition intensifies and pricing battles influence strategic decisions across major media companies.
Analysts note the discussion highlights tensions between content costs, subscriber growth, and bipartisan political engagement in the industry.
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