Netflix boss says Paramount acquisition of Warner Bros will result in "cuts in excess of $16 billion" within "18 months or so"
in newsletterGamesIndustry.biz · 2026-03-02 · 2 min read · business
Netflix CEO Ted Sarandos warns Paramount's $31/share acquisition of Warner Bros. requires "$16 billion in cuts within 18 months," putting WB's games division — including Rocksteady, TT Games, and Avalanche Software — under direct cost scrutiny.
Appeared in 2026-03-03.