Netflix Co-CEO Ted Sarandos says he’s not pivoting to another studio after losing out on Warner

In an interview with Bloomberg, he explained why he backed out of the deal and said Netflix pursued Warner because it was a unique opportunity. “We definitely wanted this asset. We didn’t need it,” he said, praising its “incredible IP” and long history. But he was clear the plan was to just move on: > Is there a world in which you guys go after another studio in the next 6 to 12 months? > Unlikely. We are builders,…

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