Ed Ludlow

There is reporting and we are in a time where the Ellisons and their relationship to the Trump administration has been discussed.

It's also reported, of course, that you met with the president, I think, on November 24th.

How are you weighing that and assessing that in this scenario, that relationship between Paramount's leadership and this administration?

You're joining us on Bloomberg Television and Radio.

We're speaking to Netflix's co-CEO, Ted Sarandos.

And Ted, last night, Bloomberg News reported that the Justice Department and its attorneys had made contact with movie theaters, the industry, to try and understand what either outcome would mean.

for the movie theater business.

I know that you actually have discussed this a little, theatrical releases, but just your latest thinking on that and what your pitch is to people on seats in movie theaters if you were to close your proposed deal.

Netflix co-CEO Ted Sarandos, we're grateful for your time.

We covered a lot of ground.

And of course, Bloomberg Screen Times managing editor, Lucas Shaw, also over in Los Angeles.

Welcome to our Bloomberg television and radio audiences around the world for an interview with Netflix co-CEO Ted Sarandos.

And Ted, good morning to you.

The less than straightforward question that everyone has, of course, is what happens next.

But I wanted to put it to you like this.

Does Netflix have the balance sheet, the sort of financing flexibility and the will, really, to amend everything

improve, boost its bid for Warner Brothers Discovery's studios and streaming business if needed.

Ted, on those headwinds you mentioned, there are a portion of the Netflix investor base and the Warner Brothers Discovery investor base that kind of see this as defensive by you.

And look at growth, right?

Engagement growth in the second half of last year, such as it was.