Reed Hastings: How Netflix missed out on Warner Bros. @GrahamBensinger
Reed Hastings: How Netflix missed out on Warner Bros.  @GrahamBensinger
Uploaded March 2026 | Updated September 2026, 3 weeks ago
Netflix made a real bid to acquire Warner Bros. Discovery — and Reed Hastings was genuinely excited about it. He breaks down exactly why Netflix wanted the company, at what price the deal made sense, and why they ultimately walked away when Paramount (backed by Larry Ellison) outbid them. He also shares what surprised him most when Netflix got access to Warner Bros.' books: just how thoughtful their team was. And he defends the decision not to raise the bid as exactly the kind of price discipline that separates great acquirers from regretful ones — using Google's purchase of YouTube as a counterexample of when paying up actually works.
#warnerbros #money #business

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Episode debuted nationwide in 2026.
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Graham Bensinger |

Reed Hastings: How Netflix missed out on Warner Bros.

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