Ted Sarandos isn’t hiding his frustration at the hurdle that emerged Tuesday in Netflix‘s plan to acquire Warner Bros. and HBO Max through an $83 billion sale agreement reached in December.
Sarandos told CNBC in an interview Tuesday that Paramount Skydance has spread falsehoods designed to destabilize the Netflix transaction. Under pressure from shareholders, WBD sought a seven-day waiver from Netflix in order to begin new negotiations with the Paramount group. Netflix granted the waiver in an effort to end the uncertainty and move on with a key shareholder vote that has been set for March 20.
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