Foreign state ownership of media companies is ‘bad idea’, says Netflix boss

Ted Sarandos, Netflix’s co-chief executive, says Gulf states will probably have editorial influence - Kevin Dietsch/Getty The boss of Netflix has hit out at a rival Middle East-backed takeover bid for Warner Bros, claiming that foreign state ownership of media companies is a “bad idea”. Ted Sarandos, co-chief executive of Netflix, has criticised the involvement of Saudi Arabia, the United Arab Emirates and Qatar in Paramount’s $108bn (£80bn) offer for Warner Bros, highlighting restrictions on free speech ...