Netflix co-CEO Ted Sarandos responds to criticisms over the streaming service’s proposed acquisition of Warner Bros. Discovery on ‘The Claman Countdown.
As the clock continues to tick down on whatever the final resolution will be for this phase of the Warner Bros Discovery- Netflix -Paramount Skydance showdown, Netflix co-CEO Ted Sarandos is pushing back on claims filmmaker James Cameron made in a letter sent by Cameron on February 10th to Sen.
Mike Lee , Chairman of the U.S. Senate's Antitrust, Competition Policy, and Consumer Rights Subcommittee. In a nutshell, Cameron sees Netflix acquiring Warner Bros as 'The End Times' for the theater business and cinematic experience, while seemingly supporting David Ellison's Paramount Skydance . Image: FOX Business Screencap Speaking with FOX Business' The Claman Countdown earlier today , Sarandos said that he was 'particularly surprised' by Cameron's letter. The Netflix head noted how Cameron referenced Netflix eyeing a 17-day release window for films in physical theaters before moving to streaming – something that's never come from anyone involved with the Warner Bros Discovery deal on the streaming service's side. 'I met with James personally in late December and laid out for him our 45-day commitment to theatrical exhibition of films and to the Warner Brothers slate,' Sarandos shared. 'I have talked about that commitment in the press countless times. I swore under oath in front of the Senate Subcommittee on Antitrust that that's what we would be doing.' Sarandos continued, 'So I am …I'm particularly surprised and disappointed that James chose to be part of the Paramount disinformation campaign that's been going on for months about this deal. I have never even uttered the words '17-day window.' So I don't know where it came from or why he would be part of that machine.' Netflix granted a seven-day waiver for Warner Bros. Discovery and Paramount Skydance to continue talks, with Warner Bros. Discovery giving Paramount Skydance seven days to make its best case . Warner Bros. Discovery has scheduled a shareholders meeting for March 20th to formally finalize the Warner Bros. Discovery/Netflix deal.
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