Netflix Co-CEO Ted Sarandos Responds to James Cameron's Criticism of Warner Bros. Discovery Acquisition

Netflix Co-CEO Ted Sarandos Responds to James Cameron's Criticism of Warner Bros. Discovery Acquisition

Netflix co-CEO Ted Sarandos responded to criticism from director James Cameron regarding Netflix's potential acquisition of Warner Bros. Discovery (WBD). Sarandos expressed disappointment in Cameron's involvement in what he called a disinformation campaign against the deal. Netflix announced its intention to acquire WBD, which includes HBO and HBO Max, in December, prompting a counter-offer from Paramount Skydance. The proposed purchase has faced backlash from some Hollywood figures and California leaders, with Cameron raising concerns about Netflix's impact on the theatrical film production industry. Sarandos refuted Cameron's claims, emphasizing Netflix's commitment to a 45-day theatrical release window and maintaining a robust slate of films from Warner Brothers. He also criticized Paramount's rival deal, alleging it would result in significant job cuts and industry disruptions.