1517 ET - Netflix's co-chief executives said they plan to grow Warner Bros. Discovery's businesses and don't plan to look for ways to cut costs or workforce. Chief Executives Greg Peters and Ted Sarandos said during a conference Monday that they don't plan to make many changes to WBD's movie stuido. If they had bought the company two years ago, the same movies would have come out in the same way as they did over the past two years, the executives said. Netflix can use this strategy because it doesn't have much redundancy with WBD's business, especially its movie studio, the executives said. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
1518 ET [Dow Jones]--Netflix's co-chief executives said they plan to grow Warner Bros. Discovery's businesses and don't plan to look for ways to cut costs or workforce. Co-CEOs Greg Peters and Ted Sarandos said during a conference Monday that they don't plan to make many changes to WBD's movie studio. If they had bought the company two years ago, the same movies would have come out in the same way as they did over the past two years, the executives said. Netflix can use this strategy because it doesn't have much redundancy with WBD's business, especially its movie studio, the executives said. (katherine.hamilton@wsj.com)
(END) Dow Jones Newswires
December 08, 2025 15:22 ET (20:22 GMT)
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