Netflix Execs Keep Stumping For Warner Bros. Deal, Say The $83B Stunner Is In Line With Pivots On Ads & Sports

Netflix‘s senior management team continued to campaign Tuesday for their pending $82.7 billion acquisition of Warner Bros., billing it as a “tremendous opportunity.” Speaking Tuesday afternoon after the company reported a solid set of fourth-quarter earnings results, Co-CEOs Greg Peters and Ted Sarandos along with CFO Spence Neumann held forth at length on the deal. Investors have been less than convinced of the merits of the pricey transaction, with some fearing it is largely a defensive move sending a si ...