Warner Bros. bidding war
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The visit came on the same day that WBD's board officially rejected Paramount Skydance's hostile bid for the company.
Warner Bros. and Netflix leaders put on a show of force Wednesday when Netflix co-CEOs paid a visit to the Warner Bros. lot in Burbank.
Co-CEOs Ted Sarandos and Greg Peters reportedly emphasised that Netflix’s plan would not involve ‘overlapping or shutting’ studios
Netflix co-CEOs Greg Peters and Ted Sarandos sought in a letter to tamp down concerns that the streaming giant is not committed to the movie business.