Thursday, 30 Oct 2025
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
logo logo
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
  • 🔥
  • Trump
  • VIDEO
  • House
  • White
  • ScienceAlert
  • Trumps
  • Watch
  • man
  • Health
  • Season
Font ResizerAa
American FocusAmerican Focus
Search
  • World
  • Politics
  • Crime
  • Economy
  • Tech & Science
  • Sports
  • Entertainment
  • More
    • Education
    • Celebrities
    • Culture and Arts
    • Environment
    • Health and Wellness
    • Lifestyle
Follow US
© 2024 americanfocus.online – All Rights Reserved.
American Focus > Blog > Entertainment > Netflix Co-CEO Greg Peters, Asked If Company Is Interested in Buying Warner Bros. Discovery, Says ‘Big Media Mergers Don’t Have an Amazing Track Record’
Entertainment

Netflix Co-CEO Greg Peters, Asked If Company Is Interested in Buying Warner Bros. Discovery, Says ‘Big Media Mergers Don’t Have an Amazing Track Record’

Last updated: October 8, 2025 9:01 pm
Share
Netflix Co-CEO Greg Peters, Asked If Company Is Interested in Buying Warner Bros. Discovery, Says ‘Big Media Mergers Don’t Have an Amazing Track Record’
SHARE

Will Netflix embark on a significant media acquisition? It’s unlikely.

During the Bloomberg Screentime conference in Los Angeles on Wednesday, Greg Peters, co-CEO of Netflix, spoke about the company’s approach towards growth. When moderator Lucas Shaw, managing editor for Bloomberg’s media and entertainment, inquired if there was any merit to the speculation regarding Netflix’s interest in acquiring Warner Bros. Discovery, Peters offered a measured response.

“I would characterize it this way: We have a strong history of prioritizing building over buying,” Peters stated. He added, “One should maintain a healthy skepticism regarding large media mergers, as they haven’t consistently shown positive outcomes over time.”

“Our task is to determine the most effective strategy for expanding our business,” Peters elaborated. If a major acquisition is identified as “the optimal route for growth, fantastic. If not, we will explore alternative avenues.”

Talks of Netflix’s potential interest in WBD gained traction after reports surfaced that David Ellison, shortly after finalizing an $8 billion deal to establish Paramount Skydance, is considering a comprehensive acquisition of Warner Bros. Discovery.

When discussing the competitive landscape that now includes “the second-wealthiest person globally” — in reference to Larry Ellison, who significantly financed the Skydance acquisition — Peters remarked, “It’s invigorating to have new competition in the ecosystem. It energizes the market and keeps everyone alert.” However, he emphasized that it does not “alter the fundamental business dynamics.”

In response to queries about whether the Paramount Skydance team acted “irrationally” in its $7.7 billion deal for UFC rights over seven years, Peters pointed out that Netflix continually competes for content rights. “If we lose a bid, my sentiment is, ‘Good luck and maximize that opportunity.’”

See also  Quantum Tunneling Is a Big Deal. This Year's Nobel Physics Prize Shows Why

Regarding YouTube, Peters acknowledged, “Absolutely, they are a competitor.” However, he noted that YouTube is characterized as an “orthogonal” competitor, given their fundamentally different business models. “Orthogonal competition is the most challenging,” he affirmed. Peters expressed that Netflix aims to collaborate with creators from various platforms, including YouTube and TikTok, to attract the largest global audience possible.

Recently, billionaire Elon Musk initiated a campaign to “cancel Netflix” on his X platform, encouraging users to abandon the streaming service due to its perceived “woke” content, which includes children’s programming featuring transgender characters.

Although Peters did not directly respond to Musk’s initiative, he remarked on the existence of programs that “some viewers may not appreciate,” attributing this to Netflix’s endeavor to cater to a global audience nearing 1 billion. “If we are doing our job correctly, there will be certain offerings on the platform that some might find unappealing or potentially detrimental. That’s part of our business model,” stated Peters.

For the first half of the year, Netflix exceeded Wall Street projections regarding revenue and earnings. As of the first quarter of 2025, the company has ceased providing regular subscriber counts, focusing instead on financial health and user engagement. In the Q2 earnings report, Netflix raised its revenue forecast for the full year 2025, expecting between $44.8 billion and $45.2 billion (up from an earlier estimate of $43.5 billion to $44.5 billion), indicating 15%-16% growth year-over-year, largely due to the recent depreciation of the U.S. dollar.

Peters was appointed co-CEO of Netflix in January 2023, sharing the role with Ted Sarandos, following Reed Hastings’ resignation. Previously, Peters held positions as chief product officer and chief operating officer.

See also  U.S. Money Supply Has Done Something So Remarkable That It Hasn't Occurred Since the Great Depression -- and a Big Move in Stocks May Follow

TAGGED:amazingAskedbigBrosBuyingcoCEOcompanyDiscoveryDontGreginterestedMediaMergersNetflixPetersrecordTrackWarner
Share This Article
Twitter Email Copy Link Print
Previous Article U.S. Immigrant Population Has Already Fallen by 2.2 Million Since Trump Took Office — Driven by Secure Southern Border and Self-Deportations | The Gateway Pundit | by Ben Kew U.S. Immigrant Population Has Already Fallen by 2.2 Million Since Trump Took Office — Driven by Secure Southern Border and Self-Deportations | The Gateway Pundit | by Ben Kew
Next Article After a 29% Slide YTD, Is UnitedHealth Stock Poised for a Rebound? After a 29% Slide YTD, Is UnitedHealth Stock Poised for a Rebound?
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Popular Posts

What does neuroscience say about manifestation?

The Neuroscience Behind Manifestation: Exploring the Power of Visualization First popularised by the bestselling New…

May 29, 2025

Ronnie Radke Says Tommy Lee, Brittany Furlan Jab In New Music Video Is Good Fun

Ronnie Radke, the frontman of Falling In Reverse, has released a new music video that…

August 8, 2025

U.S. Proposes Listing Monarch Butterflies Under Endangered Species Act To Aid Recovery

26, 2023. Monarch butterflies are facing numerous threats, such as climate change, pesticide use, and…

December 10, 2024

Influencer Valeria Márquez is murdered live in Jalisco, sparking cartel rumors, alleged romantic links, and growing public pressure on authorities.

The Jalisco State Attorney General’s Office has firmly rejected claims that Ricardo Ruíz, known as…

May 15, 2025

Dutch neobank Bunq on hiring spree, with focus on digital nomads

Dutch digital bank Bunq is gearing up for a re-entry into the U.K. market in…

September 12, 2024

You Might Also Like

Kevin Costner Tries Again To Dismiss Lawsuit Over Alleged ‘Horizon’ Rape Scene
Entertainment

Kevin Costner Tries Again To Dismiss Lawsuit Over Alleged ‘Horizon’ Rape Scene

October 30, 2025
‘St. Denis Medical’ Season 2 Adds Five Guest Stars
Entertainment

‘St. Denis Medical’ Season 2 Adds Five Guest Stars

October 30, 2025
Becca Kufrin and Thomas Jacobs Announce Baby No. 2 With Halloween Video 
Entertainment

Becca Kufrin and Thomas Jacobs Announce Baby No. 2 With Halloween Video 

October 30, 2025
Prince Harry Reveals His Kids Don’t Know ‘What He Does’ For A Job
Celebrities

Prince Harry Reveals His Kids Don’t Know ‘What He Does’ For A Job

October 30, 2025
logo logo
Facebook Twitter Youtube

About US


Explore global affairs, political insights, and linguistic origins. Stay informed with our comprehensive coverage of world news, politics, and Lifestyle.

Top Categories
  • Crime
  • Environment
  • Sports
  • Tech and Science
Usefull Links
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA

© 2024 americanfocus.online –  All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?