In Show of Force, Netflix Chiefs Visit Warner Bros. Lot Amid Battle With Paramount for Studio’s Future

Peters Zaslav Sarandos
Joe Pugliese and John Nowak for Warner Bros. Discovery

As the future of the studio hangs in the balance, Warner Bros. Discovery and Netflix leaders put on a show of force Wednesday afternoon when Netflix brass paid a visit to the Warner Bros. lot in Burbank, where WBD chief executive David Zaslav gave them a guided tour.

WBD released photos to media outlets late Wednesday that show Zaslav strolling the famed studio lot with Ted Sarandos and Greg Peters, who are co-CEOs of the streaming giant.

“Today, Warner Bros. Discovery CEO David Zaslav welcomed Netflix Co-CEOs Ted Sarandos and Greg Peters to the historic Warner Bros. Studio lot in Burbank to meet with leaders across the company,” according to the caption that accompanied the photos. A rep for the studio did not immediately respond to a request for further comment. A source close to the situation confirmed the veracity of the photos.

Sarandos and Peters met with a handful of Warner Bros. employees and even took some questions.

Sarandos and Peters’ trek to Burbank came on the same day that the WBD board reaffirmed its decision to sell Warner Bros. and HBO to Netflix and once again rejected the latest offer from Paramount Skydance. The fight over the fate of Warner Bros. blew wide open earlier this month when Paramount went public with its effort to amass control of the company through a tender offer to shareholders. WBD, meanwhile, clinched an agreement with Netflix that values the company’s key assets — Warner Bros. and HBO — at $82.7 billion.

More to come

From Variety US

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