The president has shattered norms by pledging to “be involved” in the regulatory fate of a transaction that could reshape the news and entertainment industries.
Ted Sarandos, now co-chief executive officer of Netflix, recently recalled his reaction to HBO’s refusal in 2010 to license its shows: Netflix had to make original programs of its own.
Netflix insisted on Friday that it would follow the Warner Bros. model and continue to release movies in theaters for exclusive runs. But many people in Hollywood were skeptical.
Login
