Ted Sarandon
Reporting and statements that mention Ted Sarandon.
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Paramount makes no reference to game studios in first WB call to investors
Paramount held its first investor call following its acquisition of Warner Bros., but did not mention the gaming divisions of either company. Executives focused on consolidating assets and the impact on the entertainment industry, despite discussions of intellectual property that overlaps with Warner Bros. Games' core franchises. Warner Bros. Games recently announced a refocus on four key franchises: Hogwarts Legacy, Mortal Kombat, Game of Thrones, and DC.
Netflix boss says Paramount acquisition of Warner Bros will result in "cuts in excess of $16 billion" within "18 months or so"
Netflix CEO Ted Sarandon stated that Paramount's acquisition of Warner Bros. will lead to significant cost-cutting exceeding $16 billion within approximately 18 months. This suggests that Warner Bros. Games studios, including TT Games and Rocksteady, will face scrutiny for cost-saving measures. Netflix withdrew its bid for Warner Bros. after Paramount increased its offer, securing a substantial breakup fee.
