Janet Jalil

The boss of Netflix has told the BBC that its bid for Warner is better than a rival one from Paramount, despite concerns about its impact on cinema-going.

Last December, Warner Brothers agreed to a takeover offer of $83 billion from Netflix for some of its assets, but Paramount there made a rival offer of $108 billion.

Netflix CEO Ted Sarandos told the BBC that if his deal was successful, it would expand the entertainment industry.

Our business correspondent Theo Leggett told us what the aims of the rival entertainment giants were.

It's all about clout in a changing media market, really.

Paramount Skydance, to give it its full name, is after scale.

It wants to be able to compete with the giants of the industry.

So that is Netflix.

It's also Disney.

Warner Brothers would give it access to 120 million streaming subscribers from their HBO Max or Max channel as well as a number of more conventional pay TV channels.

Netflix meanwhile wants to get access to original content so Warner Brothers back catalogue as well as its studios so that it can boost its own movie offerings while preventing rivals from getting hold of them because we

these cut emerges, it's preventing your rivals from getting hold of things that's almost as important as having them yourself.

And as you heard Ted Sarandos saying there, Netflix claims its deal would lead to a bigger business and Paramount would introduce cuts because these deals are slightly different as well.

Netflix wants to buy the more lucrative parts of Warner Brothers outfits.

So the streaming services, the the

movie studios, that kind of thing.

Whereas Paramount Skydance, what's the whole lot, including the conventional pay TV channels, which is seen as more of a declining business.

And tell us about the concerns in particular with Netflix.

In terms of what it means for the future of cinema, well, Netflix is its origins are

something you come home and you watch in the evenings on your television.