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Ted Sarandos Tries To Assuage Fears That Netflix-Warner Bros Merger Will Collapse Theatrical: “We Didn’t Buy This Company To Destroy That Value”
In the wake of freaking out the industry and theater owners with its winning bid for Warner Bros on Thursday, coupled with Paramount's hostile takeover proposal, Netflix co-CEOs Ted Sarandos and Greg Peters jumped on a Wall Street call again today to pour cold water on the fire, specifically, as it relates to theatrical.
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