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Ted Sarandos

Ted Sarandos

CEO of Netflix

Appears in 2 stories

Born: 1964 (age 61 years)
Spouse: Nicole Avant (m. 2009)
Children: Sarah Sarandos
Education: Arizona State University Tempe Campus and Alhambra High School
Parents: Theodore Sarandos Sr
Height: 5′ 9″

Notable Quotes

“Our mission has always been to entertain the world … By combining Warner Bros.’ incredible library of shows and movies with our culture‑defining titles, we’ll be able to do that even better.” ([ir.netflix.net](https://ir.netflix.net/investor-news-and-events/financial-releases/press-release-details/2025/NETFLIX-TO-ACQUIRE-WARNER-BROS--FOLLOWING-THE-SEPARATION-OF-DISCOVERY-GLOBAL-FOR-A-TOTAL-ENTERPRISE-VALUE-OF-82-7-BILLION-Equity-Value-of-72-0-Billion/default.aspx?utm_source=openai))

“The combination of Netflix and Warner Bros creates a better Netflix for the long run.” ([theguardian.com](https://www.theguardian.com/business/2025/dec/05/netflix-frontrunner-warner-bros-discovery-streaming-and-studio-sale?utm_source=openai))

"I want to win the box office" — Sarandos on Netflix's commitment to 45-day theatrical windows for Warner Bros. films. ([variety.com](https://variety.com/2026/film/news/netflix-warner-bros-movies-45-day-window-ted-sarandos-1236633046/))

Stories

Netflix’s $82.7 billion bid for Warner Bros. rewrites the streaming wars

Money Moves

Leading Netflix's acquisition defense; scheduled to testify before Senate in February 2026

On December 5, 2025, Netflix announced a definitive deal to acquire Warner Bros.' film and television studios and streaming businesses, including HBO and HBO Max, valued at $72 billion in equity and $82.7 billion including debt. On January 20, 2026, the parties amended to an all-cash structure at $27.75 per share, with a shareholder vote expected by April 2026.

Updated 6 days ago

Netflix’s $72 billion bid for Warner Bros. reshapes the streaming power map

Money Moves

Now actively campaigning to WBD shareholders and emphasizing regulatory execution; Netflix says HSR materials have been submitted.

After Netflix and Warner Bros. Discovery announced their $72 billion equity-value agreement on December 5, the transaction quickly became a live bidding contest and a regulatory test case. On December 8, Paramount Skydance launched an unsolicited all-cash tender offer at $30 per share to derail the Netflix deal and keep WBD intact, including networks slated for its Discovery Global spin-off. Within days, Netflix began a coordinated shareholder push backing its signed merger agreement and emphasizing regulatory execution, while WBD prepared formal filings to respond to the tender offer.

Updated 7 days ago