Ted Sarandos “Unlikely” To Attempt Another Netflix M&A After Ceding Warner Bros, Teases “Open Dialogue” With Theater Owners
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By Glenn Garner
Published on March 1, 2026.
After bowing out of a bid for Warner Bros. Discovery last week, Netflix CEO Ted Sarandos has hinted that the company is planning "some really creative things" for their titles in theaters. He also revealed that the streaming platform is unlikely to attempt another acquisition and plans to use the $2.8 billion termination fee to continue investing in the business. The company's discussions with cinema owners have led to an increased interest in the theatrical distribution entity.
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