On Friday, hours after Netflix agreed to buy Warner Bros. Discovery for $72 billion, Netflix’s co-CEO, Ted Sarandos, sat down at a table at the Polo Bar in Manhattan. Warner’s chief executive, David Zaslav, happened to be sitting at another table nearby. Zaslav walked over, and according to the New York Times, soon the two were “backslapping and joking.”
That turned out to be a bit premature. President Donald Trump said a Netflix-Warner deal “could be a problem” and Paramount Skydance intervened with its hostile bid. In the meantime, fear and loathing were beginning to set in ...
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