Ted Sarandos has flown into London with a message for Paramount as both studios chase the prize of Warner Bros. Discovery (WBD).
Speaking to Deadline on the red carpet of the BAFTA Film Awards, the Netflix co-CEO said: “We have a signed deal with Warner Bros., they’re trying to circumvent it.
“The one thing I would like in this process is: ‘If you wanna try and outbid our deal … just make a better deal. Just put a better deal on the table. Don’t make up stories, don’t [spread] misinformation about market share. Just put a better deal on the table and see if you can win.’”
In agreement with Netflix, WBD reopened its sales process last week, giving Paramount seven days to make its best and final offer. The deadline for this process ends February 23.
In conversation with Deadline’s Baz Bamigboye, Sarandos had one other message for Paramount: “I like Landman,” he laughed.
Sarandos added that he had total confidence in getting Netflix’s deal over the line and is confident of assuaging the concerns of antitrust authorities. “We want to help them win,” he added of Warner Bros.’ movie division and the theatrical experience.
The Netflix boss was less forthcoming when asked if he had a message for Donald Trump, sidestepping the question and stating that the sales process will be assessed by the Department of Justice and other regulators, not least in Europe.
Bamigboye joked that the takeover saga could one day make a movie. “Who’s going to play you, Baz?” Sarandos asked. “I’ll get my agent to talk to you,” came Bamigboye’s reply.
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