Why did you decide to walk away from the proposed acquisition of Warner Brothers Discovery?
Replied byTed Sarandos
Co-CEO at Netflix
Niche: Technology
Revenue: Approx. 3.75 Billion USD/month
Location: Los Gatos, California, United States
Started: 1997
We have a highly successful organic growth model. We evaluated the Warner Brothers Discovery deal because they had valuable intellectual property, but we were only willing to buy at the right price. When the price rose, we walked away. We prefer building our own franchises over relying on acquisitions.
0
From the Full Interview
This answer is part of a full interview with Ted Sarandos, Co-CEO at Netflix.
Share this Answer
Found this insight valuable? Share it with your network to help others learn from Ted Sarandos's experience.
Cite This Answer
Use this answer in your research, article, or academic work
Related Answers
Why did you decide to launch Uber in China and what did you learn from the experience?
By Travis Kalanick
Technology
Not Publicly Disclosed/mo
What is the biggest lesson from building a company from scratch?
By Fabricio Bloisi
Technology
$1M+/mo
Why did you decide to make River work only in public channels?
By Tobi Lütke
Technology
Not Publicly Disclosed /mo
Why did Oracle prioritize sales aggression and market competition from its earliest days?
By Larry Ellison
Technology
Approx. USD 7.5 Billion/mo
Why did you decide to step down as CEO in 2014 while remaining chief technology officer and executive chairman?
By Larry Ellison
Technology
Approx. USD 7.5 Billion/mo
What is the people's Uber model and how did it differ from standard taxi apps?
By Travis Kalanick
Technology
Not Publicly Disclosed/mo
Why did you read John D. Rockefeller's biography and what did you learn from Standard Oil?
By Travis Kalanick
Technology
Not Publicly Disclosed/mo