Netflix says it bailed on WBD because of money, not Donald Trump

Netflix co-CEO Ted Sarandos visited the White House on Thursday, and shortly after announced his company was no longer going to try to buy much of Warner Bros. Discovery. The two events were not connected, he says.

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• Netflix shocked the media world when it walked away from the Warner Bros. Discovery bidding war last week.
• Netflix boss Ted Sarandos says he made the call because he didn't want to pay more.
• The fact that Paramount's owners had been courting Donald Trump wasn't an issue...