Netflix CEO made a visit to the White House before buying Warner Bros.

The news article discusses Netflix co-CEO Ted Sarandos' visit to the White House and the subsequent acquisition of Warner Bros. by Netflix. Key points: - In November 2022, Sarandos had a lengthy meeting with former President Donald Trump, discussing Netflix's plan to bid on Warner Bros. - Sarandos felt that Netflix would not face immediate opposition from the White House for the acquisition. - Netflix successfully won the bidding war for Warner Bros., offering $82.7 billion, despite competition from Paramount and its CEO David Ellison, who have close ties to the White House. - Sarandos believed that the Ellisons overestimated their political clout, and Netflix was able to win the deal, though the Justice Department could still intervene. - The acquisition is seen as a personal victory for Sarandos, as he had previously tried to acquire Paramount before Ellison. The article provides an unbiased summary of the key events surrounding Netflix's acquisition of Warner Bros. and the role of the White House in the deal.