Battle for WB Could Come Down to Cable TV Valuations

After Paramount came out with its own hostile takeover offer yesterday, Netflix co-CEO Ted Sarandos says he's not too worried. He spoke at the UBS Global Media and Communications Conference in New York yesterday. Just take a listen.Today's move was entirely expected. We have a deal done and we and we are incredibly happy with the deal. We think it's great for our shareholders, it's great for consumers. We think it's a great way to create and protect jobs in the entertainment industry. We're super confident ...