Netflix Co-CEO Greg Peters, Asked If Company Is Interested in Buying Warner Bros. Discovery, Says ‘Big Media Mergers Don’t Have an Amazing Track Record’
NeutralEntertainment

At the Bloomberg Screentime conference in Los Angeles, Netflix co-CEO Greg Peters addressed speculation about the company's interest in acquiring Warner Bros. Discovery. He emphasized that large media mergers often don't yield positive results, suggesting that Netflix is not looking to expand through major acquisitions. This statement is significant as it reflects Netflix's cautious approach in a rapidly changing media landscape, where consolidation has been a common trend.
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