Netflix Co-Chief Greg Peters Says Warner Bros. Discovery Acquisition Bid Is Unlikely: “Big Media Mergers Don’t Have A Great Track Record”

Netflix Co-CEO Greg Peters heavily downplayed recent speculation that the streaming giant could be interested in bidding on Warner Bros. Discovery. “We come from a deep heritage of being builders rather than buyers,” the exec said during the Bloomberg Screentime conference in Los Angeles. “One should have a reasonable amount of skepticism around big media […]