Why Netflix's CEO dropped his bid to buy Warner Bros Discovery and Trump 'didn't care'

Netflix co-CEO Ted Sarandos said Sunday he knew "right away" he would decline to counter Paramount’s winning attempt to buy Warner Bros. Discovery, admitting rival chief executive David Ellison made a superior offer.  Netflix dropped its bid to buy Warner Bros. Discovery on Thursday after the company announced Paramount's latest bid to buy all of its assets, including CNN, was "superior.""We had a very tight range that we’d be willing to pay and made that offer back when we closed this deal. We hadn’t moved ...