Netflix Execs Say Warner Bros. Deal Is No AOL Time Warner Fiasco In The Making

Netflix Co-CEOs Ted Sarandos and Greg Peters sought to reassure investors that their game-changing deal with Warner Bros. Discovery won’t become another media business fiasco. “A lot of those failures that we’ve seen historically is because the company that was doing the acquisition didn’t understand the entertainment business,” Peters said on a conference call with Wall Street analysts Friday. “They didn’t really understand what they were buying. We understand these assets that we’re buying, the things th ...