Ted Sarandos

So that we're excited to do, and that's why I think this will be pro-consumer, because I think consumers have already said these are complimentary businesses that they today pay a 100% premium for.

We've granted the seven-day window to get some clarity about the Paramount deal because...

Everyone has been out spreading a lot of misinformation to shareholders, into the markets, into regulators, in ways that have run the narrative in a state of confusion.

We've granted the seven-day window to get some clarity about the Paramount deal because Paramount has been out spreading a lot of misinformation to shareholders, into the markets, into regulators in ways that have run the narrative to a state of confusion.

Let me tell you, we feel very good about the position we're in right now.

So we've done we've done this.

This process opened up Warner Brothers Discovery determined that within their strategic best interest to sell these assets.

We entered into a negotiation with a very, very clear bidding process that they laid out for us, which we followed and won that bid.

I think in the alternative, this guy has gone, you know, missed every deadline.

They've been taking nine runs of this bid and they wish, you know, they're not seem to accept this outcome.

So what we've done here is we've given Warner Brothers Discovery a seven day window to get some clarity about what

Paramount is offering for this company.

I believe that it's important to have that clarity.

I think it's important that the Warner Brothers Discovery shareholders deserve to have that certainty and clarity about this deal.

Lucas, remember, we've run this company from the beginning for the long term.

We think this deal will have a positive impact on the business for the long term.

Remember, what we're doing in buying these assets is we've been creating original programming on Netflix for about a decade.

They've been making original film materials for about 100 years.

They have incredible IP.

And we just happen to have a consumer model that can better maximize the returns on that IP.