Netflix CEO Ted Sarandos to visit White House Thursday to discuss Warner Bros. bid
Netflix CEO Ted Sarandos to visit White House Thursday to discuss Warner Bros. bid
Top of the agenda: Netflix’s bid for the media giant and President Donald Trump’s demand that Netflix fire board member Susan Rice.
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Netflix CEO Ted Sarandos will attend meetings at the White House Thursday, underscoring the political dynamics involved in the company’s proposal to acquire Warner Bros. Discovery, according to two people familiar with the discussions, granted anonymity to speak candidly.
Top of the agenda: Netflix’s bid for the media giant and President Donald Trump’s demand that Netflix fire board member Susan Rice, a former Biden administration adviser, the people said. It wasn’t immediately clear whether Sarandos would meet with Trump, one person said.
The meeting comes as a bidding fight over the deal intensifies. Warner Bros. has said a revised bid from Paramount — now increased to $31 a share from $30 — could outbid Netflix’s current offer, raising the prospect that political pressure and a bidding war are colliding in real time.
