Netflix Has ‘No Interest in Owning Legacy Media Networks,’ Co-CEO Ted Sarandos Says When Asked About Industry M&A

After Warner Bros. Discovery said it has received acquisition overtures from “multiple parties,” top execs at Netflix were asked on their company’s earnings interview whether they see industry consolidation changing the competitive landscape — and if Netflix sees an opportunity to participate in any major M&A activity. The upshot? Mostly a “no” on both points, […]