1827 ET - Netflix executives emphasize again that they see themselves as builders and not buyers, taking a selective approach to any deals. "That remains the case today," Co-CEO Ted Sarandos says during a call with analysts, acknowledging that others will speculate about their acquisition intentions. "But our track record is clear that we have a very high bar to do any big M&A." Netflix was exploring a bid for Warner Bros. Discovery's studio and streaming service, marking a departure in strategy for the company, but lost out on the acquisition earlier this year. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
July 16, 2026 18:27 ET (22:27 GMT)
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