Netflix Co-CEO Ted Sarandos said he’s extremely confident that the company will be able to close the Warner Bros. Discovery (WBD) deal.
“We’re super confident we’re going to get it across the line and finish,” Sarandos said at the UBS TMT Conference on Monday.
Sarandos comments come after Paramount Skydance (PSKY) on Monday made a hostile $30 a share offer for all of Warner Bros. Discovery (WBD) after Netflix on Friday agreed to buy the entertainment giant.
“It looks like today’s move was entirely expected,” Sarandos said. “We have a deal done, and we are incredibly happy with the deal.”